The New Design Series (NDS) (also known as the BSP Series after the establishment of the Bangko Sentral ng Pilipinas) was the name used to refer to banknotes of the Philippine peso issued from 1985 to 2013 and the coins of the Philippine peso issued from 1995 to 2017. The banknotes were printed until 2013 (with 5-peso note were printed until 1995, 10-peso note until 2001, 20 and 1000 peso notes until 2012, and 50, 100, 200 and 500 peso notes until 2013), legal tender until December 31, 2015, and can be exchanged with NGC notes until its demonetization on January 3, 2018 where they co-existed with the NGC banknotes from December 16, 2010 to January 3, 2018. The coins were minted and issued from c. December 1995 to November 30, 2017, and remain legal tender as of 2023. It was succeeded by the New Generation Currency (NGC) Series issued on December 16, 2010, for banknotes and November 30, 2017, for coins.
The NDS/BSP notes were no longer legal tender since January 1, 2016 and demonetized two years later on January 3, 2018 after the BSP allowed the public to swap their old banknotes for the NGC but only those who secure a receipt showing that they went to the central bank before the December 29, 2017 final deadline of submission due to not being able to accommodate several individuals who tried to exchange their notes because of the unexpected number of people who arrived (originally scheduled by January 1, 2017).[1][2][3][4]
The 5-peso note designed by Romeo Mananquil was issued by the Central Bank on June 12, 1985.
The banknote was predominantly colored green.
The obverse of the 5-peso banknote featured the portrait of Emilio Aguinaldo. Along the right side of the banknote was the NHCP historical marker in the Malolos Cathedral (indicating the foundation of the First Philippine Republic, which Aguinaldo became its president) along with a cannon. The reverse of the banknote featured a depiction of the Philippine declaration of independence by Emilio Aguinaldo on June 12, 1898.
Security features of the banknote included a security thread, scattered red & blue visible fibers, and fluorescent printing.
The Bangko Sentral ng Pilipinas has stopped printing this banknote in 1995, and it has been replaced by an equivalent coin that was introduced in the same year. However, existing banknotes, along with 10 peso banknotes, continued to be seen commonly in circulation from 1995 to 2004, and from 2004 until the New Design Series' demonetization in January 3, 2018, it still had a liability of the BSP (with January 2018 submission of old banknotes are only for those who secure a receipt showing that they went to the central bank before the December 29, 2017 final deadline of submission due to not being able to accommodate several individuals who tried to exchange their notes because of the unexpected number of people who arrived) although now rarely circulated.[1]
10-peso banknote
The 10-peso banknote designed by Rafael Asuncion was issued on July 1985, a month after the 5-peso banknote was issued.
The banknote was predominantly colored brown.
The obverse side of the 10-peso banknote featured Apolinario Mabini on the left and Andrés Bonifacio on the right. Bonifacio was the founder of the Katipunan (KKK), a secret society established to fight the Spanish colonial government. Mabini was the Philippines' first Prime Minister and Secretary of Foreign Affairs. Depicted on the right side was one of the flags of the Katipunan (see Flags of the Philippine Revolution), the Kartilya ng Katipunan, and the manuscript of El Verdadero Decalogo (The True Decalogue) written by Mabini along with the quill and inkwell.
The reverse side of the banknote featured the Barasoain Church in Malolos, Bulacan, site of the first Philippine Congress and where the Malolos Constitution was drafted. The right portion depicted the initiation rites of the Katipunan. Members accepted into the society had to sign their name on the society's roster using their own blood. The design was previously used on the 5-peso "Pilipino" and "Ang Bagong Lipunan" notes.
From its introduction in July 1985 until May 2, 1997, the 10-peso banknote only depicted Mabini and the Barasoain Church. In recent years, the banknote has since been replaced with a bi-metallic 10-peso coin also bearing the effigies of Bonifacio and Mabini.
The Bangko Sentral ng Pilipinas has stopped printing this banknote in 2001, and it has been replaced by an equivalent coin that was introduced in 2000, one year before the banknote's last printing year in 2001. However, existing banknotes, along with 5 peso banknotes, continued to be seen commonly in circulation from 2001 to 2004, and from 2004 until the New Design Series' demonetization in January 3, 2018, it still had a liability of the BSP (with January 2018 submission of old banknotes are only for those who secure a receipt showing that they went to the central bank before the December 29, 2017 final deadline of submission due to not being able to accommodate several individuals who tried to exchange their notes because of the unexpected number of people who arrived) although now rarely circulated.[1]
20-peso banknote
The 20 peso bill was designed by Angel Cacnio. The obverse side of the 20-peso banknote featured Manuel L. Quezon, first president of the Commonwealth of the Philippines. Along the right side of the banknote was the coat-of-arms of the Commonwealth, and two of Quezon's notable accomplishments. The first was "Wikang Pambansâ", which is Tagalog for "national language". In 1937, the National Language Institute was founded to establish a single national language for the Philippines. This eventually became the Filipino language, which is largely based on Tagalog. The second was the "Saligang Batas 1935" or the 1935 Constitution of the Philippines. This was the first real constitution that was nationally effected and large parts of it survive in the current constitution.
The banknote was predominantly colored orange.
The reverse side of the 20-peso banknote depicted Malacañan Palace, more popularly known as Malacañang, the residence of the President of the Philippines, along the banks of the Pasig River. Quezon was the first Philippine president to live in the Palace.
50-peso banknote
Depicted on the front side of the fifty-peso was Sergio Osmeña, the second president of the Commonwealth of the Philippines. He served as president from 1944, after Quezon's death, to 1946, when the United States granted the Philippines' independence.
The banknote was predominantly colored red and was designed by Rafael Asuncion.
The National Museum was featured on the reverse side of the banknote. This building used to be the Legislative Building, where the House of Representatives that Osmena presided over as Speaker from 1907 to 1922 was located. The building and then renamed Executive House during the Martial Law period and was labeled as such in the fifty-peso banknote until recently.
100-peso banknote
The front side of the 100-peso banknote featured Manuel Roxas, the first president of the independent Philippine Republic. This independence was shown at the right side where the Philippine flag was raised while the flag of the United States was lowered on July 4, 1946.
The banknote was predominantly colored violet and was designed by Angel Cacnio.
The reverse side of the banknote depicted the Manila compound of the Bangko Sentral.
The 100-peso banknote was the smallest-valued banknote to have the new security features implemented in recent years. But before the advent of the new security features, the 100-peso banknote was interesting for having other security features. On the front side was a barely visible "100" logo above the signatures of the president and the Central Bank governor. This logo was best seen on crisp new 100-peso banknotes. On the reverse side, the top row of windows of the main building had the words "Bangko Sentral ng Pilipinas" ("Central Bank of the Philippines") running the whole length.
The 100-peso banknote became the subject of controversy after banknotes printed in France in time for the Christmas season were printed with the President's name misspelled, the first in Philippine history. The banknotes, of which a small amount were still in circulation and were legal tender until 2015, spelled the President's name as "Gloria Macapagal-Arrovo" versus the correct Gloria Macapagal Arroyo. The incident was subsequently the subject of public humor as soon as the issue made national headlines. The BSP probed the mistake and corrected the error afterwards.
The banknote was predominantly colored green. This note was also a commemorative banknote, released in June 12, 2002 to commemorate the 104th anniversary of Philippine independence. Its release also coincided the 17th anniversary of the launching of the New Design Series and five-peso note on June 12, 1985 which also featured Aguinaldo Shrine and colored green, and was still common in circulation even after its production stopped in 1995 (seven years before the release of the 200-peso note) when the latter was released in 2002.
The banknote was the subject of criticism by the opposition. They said that the legal tender should only feature deceased national heroes and not an incumbent president. Although, it wasn't the first time that a legal tender featured a sitting president. Legal tender coinage was minted to commemorate the inauguration of Manuel L. Quezon as President of the Philippines in 1935. Emergency currency during World War II had many instances where provincial emergency currency boards placed the image of then President Manuel L. Quezon. In 1975, Bangko Sentral ng Pilipinas released a 5-peso coin featuring the face of then President Ferdinand Marcos. Former presidents Fidel Ramos and Joseph Estrada was also pictured in a limited commemorative 2000-peso banknote that honors the 100-year celebration of Philippine Independence. Also a limited commemorative gold 1000-peso banknote with the picture of former President Joseph Estrada was also issued to honor the 100-year celebration of Philippine Independence. Also, every banknote series since 1935 has borne the facsimile signature of the incumbent President of the Philippines.
Some critics including Father Robert Reyes also pointed out that featuring Gloria Arroyo in the 200-peso note could be an electioneering tactic ahead of the 2004 Philippine elections.[8]
500-peso banknote
The front side of the 500-peso banknote featured the portrait of Benigno Aquino Jr. To the right of the banknote, there were two popular quotes from Aquino: "Faith in our people and faith in God" (which is located above the signature of the Philippine president), and "The Filipino is worth dying for", under which was signed his nickname, "Ninoy". There was also the signature of Aquino, a typewriter with his initials ("B.S.A.J."), and a dove of peace. A Philippine flag was also to the right of his portrait, near the central part of the front side.
The reverse side featured a collage of various images in relation to Aquino. He was (in front of an article about "1st Cav", out of some of the pictures) a journalist for the Manila Times, a senator (the pioneer of the Study Now, Pay Later education program), the mayor in his hometown of Concepcion, the governor of Tarlac, and was the main driving force behind the People Power Revolution of 1986,[5][6] some three years after his death in 1983.
The banknote was predominantly colored yellow.
It was also interesting to note that unlike the names of the figures on the bills, "Benigno S. Aquino, Jr." was written in gold-colored, cursive writing with a green laurel wreath as opposed to the name being simply written as with the other banknotes.
On August 16, 2009, a proposal was made by the Bangko Sentral ng Pilipinas to have former President Cory Aquino accompany her husband, Ninoy Aquino on the banknote. The new design was included in the 500-peso NGC note.
The banknote was predominantly colored blue and was designed by Romeo Mananquil.
Security features of the banknote included optically variable ink, a security thread, scattered red & blue visible fibers, and fluorescent printing. The words "Central Bank of the Philippines" were microprinted in the lower left border on the face of the note.
The Philippine peso, also referred to by its Filipino name piso, is the official currency of the Philippines. It is subdivided into 100 sentimo, also called centavos.
Banknotes of the Philippine peso are issued by the Bangko Sentral ng Pilipinas for circulation in the Philippines. The smallest amount of legal tender in wide circulation is ₱20 and the largest is ₱1000. The front side of each banknote features prominent people along with buildings, and events in the country's history while the reverse side depicts landmarks and animals.
Philippine peso coins are issued by the Bangko Sentral ng Pilipinas for circulation in the Philippines and are currently available in seven denominations. The Philippine peso has been in use since Spanish rule.
The Bangko Sentral ng Pilipinas is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte.
The Philippine twenty-peso note (₱20) is a denomination of Philippine currency. It is the smallest banknote denomination in general circulation in the Philippines. Philippine president Manuel L. Quezon is currently featured on the front side of the note, while the Banaue Rice Terraces and the Asian palm civet is featured on the reverse side.
The Philippine fifty-peso note (₱50) is a denomination of Philippine currency. Philippine president and former House Speaker Sergio Osmeña is currently featured on the front side of the bill, while the Taal Lake and the giant trevally are featured on the reverse side.
The Philippine one hundred-peso note (₱100) is a denomination of Philippine currency. Philippine president Manuel A. Roxas is currently featured on the front side of the bill, while the Mayon Volcano and the whale shark are featured on the reverse side.
The Philippine two hundred-peso note is a denomination of Philippine currency. President Diosdado Macapagal is currently featured on the front side of the note, and since 2017, President Gloria Macapagal Arroyo's inauguration as the 14th President of the Philippines is on the lower-left side on the note just in front of the scene of the Declaration of Philippine Independence, and the scene of the opening of the Malolos Congress is also present on the obverse side of the note. From 2010 to 2017, the Aguinaldo Shrine and the Barasoain Church were featured on the front side of the note. The Chocolate Hills and the Philippine tarsier is featured on the reverse side. Currently, it is the rarest banknote circulating in the country, and thus is seen more as a novelty than legal tender.
The Philippine five hundred-peso note (₱500) is a denomination of Philippine currency. Senator Benigno Aquino Jr. and his wife, President Corazon Aquino are currently featured on the front side of the note, while the Puerto Princesa Subterranean River National Park and the blue-naped parrot are featured on the reverse side.
The Philippine one thousand-peso note is a denomination of Philippine currency. It is the largest denomination in general circulation in the Philippines. It is currently the only Philippine peso denomination that has a polymer banknote version.
The Philippine five-peso coin (₱5) is the third-largest denomination of the coins of the Philippine peso.
The Philippine ten-peso coin (₱10) is the second largest denomination coin of the Philippine peso.
The Philippine ten-peso note (₱10) was a denomination of Philippine currency. In its latest incarnation, Apolinario Mabini and Andrés Bonifacio are featured on the front side of the notes, while the Barasoain Church and a Blood Compact scene of the Katipuneros are featured on the reverse side. This banknote was circulated until the demonetization of the New Design Series on January 3, 2018. Its printing was stopped in 2001 and was replaced by coins.
The Philippine five-peso note (₱5) was a denomination of Philippine currency. Philippine president Emilio Aguinaldo is featured on the front side of the note, while the Declaration of the Philippine Independence is featured on the reverse side. This banknote was circulated until the demonetization of the New Design Series on January 3, 2018. Its printing was stopped in 1995 and was replaced by coins.
The Philippine two-peso note (₱2) was a denomination of Philippine currency. On its final release, José Rizal was featured on the front side of the bill, while the Declaration of the Philippine Independence was featured on the reverse side.
The Ang Bagong Lipunan Series is the name used to refer to Philippine banknotes and coins issued by the Central Bank of the Philippines from 1973 to 1985. It was succeeded by the New Design series of banknotes. The lowest denomination of the series is 2-piso and the highest is 100-piso.
The Pilipino Series banknotes is the name used to refer to Philippine banknotes and coins issued by the Central Bank of the Philippines from 1969 to 1973, during the term of President Ferdinand Marcos. It was succeeded by the Ang Bagong Lipunan Series of banknotes, to which it shared a similar design. The lowest denomination of the series is 1-piso and the highest is 100-piso.
The history of Philippine money covers currency in use before the Hispanic era with gold Piloncitos and other commodities in circulation, as well as the adoption of the peso during the Hispanic era and afterwards.
The New Generation Currency (NGC) Series is the name used to refer to Philippine peso banknotes issued since 2010 and coins issued since 2018. The series uses the Myriad and Twentieth Century typefaces.
This is a list of commemorative coins issued by the Philippines. More info here.
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New Design Series coins.
Philippines)
