New generation Philippine bank notes

president-aquino
Photo credit: President Aquino’s Facebook

Expect to hold crisp new Philippine pesos this December. The Bangko Sentral ng Pilipinas launched a new generation of banknotes December 16. This is the first overhaul of our banknotes in a generation. In a speech delivered yesterday, President Benigno Aquino said “These notes, then, are a portrait of changing times and of the enduring tapestry of our history. Let me thank all the artists, the designers, the consultants, the printers, and all BSP staff members who have worked tirelessly to ensure the success of this project.”

500-pesos
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You will see that the P500 bill now features former President Corazon Aquino photo is placed beside her husband, Ninoy who is now smiling. This is far cry from his forlorn image in the current P500 bill.

Amando Tetangco, Bangko Sentral ng Pilipinas Governor said that “The decision to honor Cory Aquino in the P500 note was announced in the week that she passed away, long before their son ran for president.”

The 500 pesos bill is a first in history by having both parents with the signature of their son, President Benigno “Noynoy” Aquino. That’s history. Aquino believes “It is a testament to what they sacrificed for our people, and a testament to their love for our country.”

He added that it is a “constant reminder for me that my parents were more fortunate than I in finding that person that made them whole and allowed them to achieve the heights that they did.”

The 500 pesos bill shows Puerto Princesa’s Subterranean River National Park and the a blue-naped parrot.


The bills also feature a ‘woven cloth’ design, which is different for each denomination.

The back of the 20 peso bill shows the Banaue Rice Terraces and an animal, Palm Civet or ‘Alamid’ in local language.

20-pesos
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A darker red 50 peso bill highlights Taal Lake and Maliputo, a fish know to only live in Taal Lake.

50pesos
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The back of the almost purple 100 peso bill shows ‘perfect cone’ Mayon Volcano and a Butanding, a whale shark that is a main attraction in Sorsogon.

100 pesos
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The almost-green P200 bill shows Bohol Chocolate Hills and the world’s smallest primate found in the Philippines, the Tarsier.

200pesos
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Former president Gloria Macapagal-Arroyo’s photo taking oath is now in front of the P200 bill but is almost not visible.

The P1000 bill features the Tubbataha Reefs Natural Park and a South Sea Pearl.

1000-peso bills
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The president then lets you take a look at the image of a sun radiating at the back of the 500 peso bills. He said “This is what we have fought for, and this is what the Filipino people achieved last May—a government that works doubly hard to bring its people into the light of day once more. Let us continue down this path. May the bills we are launching today remind us of the cost of our current freedom, and of what this country asks of us, especially during times of hardship. Together, let us defend this daylight we have clamored so long for. Together, let us rebuild this country.”

The new bills will be circulated on December while the old bank notes will still be accepted within the next three years.

Do you like the new generation bank notes?

Source of bills description: Yahoo

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