The New Generation Currency (NGC) Series is the name used to refer to the Philippine peso currency series conceptualized from 2007 to 2010, and

banknotes A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commer ...

issued since 2010 and

coins A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by ...

issued since 2017. The series uses the

Myriad In the context of numeric naming systems for powers of ten, myriad is the quantity ten thousand ( 10,000). Idiomatically, in English, ''myriad'' is an adjective used to mean that a group of things has indefinitely large quantity. ''Myriad ...

and

Twentieth Century The 20th century began on 1 January 1901 (MCMI), and ended on 31 December 2000 (MM). It was the 10th and last century in the 2nd millennium and was marked by new models of scientific understanding, unprecedented scopes of warfare, new modes of ...

typefaces.

History

2007–2019: New Generation Currency Project and Demonetization of New Design Series

In 2007,

Bangko Sentral ng Pilipinas The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Re ...

(BSP) began the 12-year demonetization process of the

New Design Series 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 the banknotes of the Philippine peso conceptualized from 1983 to 1985, issued from 1985 to 201 ...

when the New Generation Currency (NGC) project was started the formal conceptualization process, which was a meeting of the minds of people with diverse backgrounds and ideas: central bankers, artists, technocrats, historians, communication experts, and currency printers to further enhance security features and to improve durability. The thematic content, designs, and security features underwent thorough deliberations and evaluation, and was undertaken by the BSP’s Numismatic Committee (Num Com) in consultation with the Monetary Board (MB) and, subsequently, with the approval of the BSP Governor and the President of the Philippines. The members of the numismatic committee included Bangko Sentral Deputy Governor Diwa Guinigundo and Dr.

Ambeth Ocampo Ambeth Raymundo Ocampo is a Filipino public historian, academic, cultural administrator, journalist, author, and independent curator. He is best known for his definitive writings about Philippines' national hero José Rizal and on topics in Ph ...

, chairman of the National Historical Institute. Designed by Studio 5 Designs and Design Systemat, the new banknotes' designs features famous Filipinos and iconic natural wonders. Philippine national symbols will be depicted on coins. The BSP started releasing the initial batch of new banknotes and design to the public in December 2010, three years after the project and process for NDS demonetization were started. The word used in the bills was "Pilipino" rendered in

Baybayin Baybayin (,), also sometimes erroneously referred to as alibata, is a Suyat, Philippine script widely used primarily in Luzon during the 16th and 17th centuries and prior to write Tagalog language, Tagalog and to a lesser extent Visayan lang ...

(). The font used for lettering in the banknotes is

, while the numerals are set in the Twentieth Century font. The series was approved by

Presidents President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *''Præsidenten ...

Gloria Macapagal Arroyo Maria Gloria Macaraeg Macapagal-Arroyo (; born April 5, 1947), often referred to as PGMA or GMA, is a Filipino academic and politician who served as the 14th president of the Philippines from Presidency of Gloria Macapagal-Arroyo, 2001 to 2010 ...

and her immediate successor

Benigno Aquino III Benigno Simeon Aquino III (; born Benigno Simeon Cojuangco Aquino III; February 8, 1960 – June 24, 2021), also known as Noynoy Aquino and colloquially as PNoy, was a Filipino politician who served as the 15th president of the Philippines ...

, making the only banknote series to be approved by two presidents. In December 2016, BSP announced that they will launch sets of banknotes bearing President

Rodrigo Duterte Rodrigo Roa Duterte (, ; born March 28, 1945) is a Filipino lawyer and politician who served as the 16th president of the Philippines from 2016 to 2022. He is the first Philippine president from Mindanao, and is the oldest person to assum ...

's signature. The BSP initially released five million pieces of the new 20, 50, 100, 500, and 1,000-peso bills with Duterte's signature. As for the 200-pesos bills, only two million pieces were released because of lower demand for this denomination. In 2017, Bangko Sentral ng Pilipinas updated the design of the P200 and P1000 NGC series banknotes. Also on that same year, BSP introduced the ''New Generation Currency Coin Series'' which was circulated through banks. The new series features native Philippine flora. Sentimo denominated coins feature a stylized representation of the

Philippine flag The national flag of the Philippines () is a horizontal List of flags by design#Bicolour, bicolor flag with equal bands of royal blue and Crimson, crimson red, with a white, equilateral chevron at the Glossary of vexillology#Flag elements, hois ...

on the obverse. Peso denominated coins depict the portraits of renowned national heroes of the Philippines on the obverse. The coins are struck in Nickel-plated steel for all six denominations, in response to the widespread hoarding and melting down of the coins, decreasing the cost of production of minting the coins and address concerns of the discoloration of the coins due to the humid, tropical environment. The 10-sentimo coin is not included in this series, because it was removed as a general circulation coin. In July 2019, the BSP announced plans to replace the ₱20 bill with a ₱20 coin by the 1st quarter of 2020. However, ₱20 bills are still printed in 2020, alongside the enhanced version of the other denominations. The New Generation Currency series were the only circulating set of notes since August 2, 2019 upon the demonetization of 2,000 and 100,000 peso commemorative banknotes, which completed the 12-year NGC project and demonetization process of NDS/BSP series banknotes.

2019–present: Post-NGC project changes and additions

In September 2019, Benjamin Diokno, the current BSP governor, announced that the ₱5 coin, being confused for the ₱1 coin, will have a revised design, featuring a wave edge or scallop shape and enhanced security features. The ₱20 coin received its final designs in the same month and the two coins will be released for circulation in December 2019. The 5-piso coin will have a nonagonal shape. The 20-piso coin will be bimetallic. The 20-piso coin will be the second

bimetallic coin Bi-metallic coins are coins consisting of two ('' bi-'') metals or alloys, generally arranged with an outer ring around a contrasting center. Common circulating examples include the €1, €2, United Kingdom £1 and £2, Canadian $2, South ...

in circulation after the 10-piso coin of the ''New Design/BSP'' series. In 2020, the BSP released an improved version of the NGC series. In addition to the security features currently present for five denominations (excluding the P20 banknote), the new banknotes will have an updated security thread and design for all five denominations. The notes also have features for the benefit of the visually impaired. In 2021, the BSP announced that it will test run the issuance of

polymer banknote Polymer banknotes are banknotes made from a synthetic polymer such as biaxially oriented polypropylene (BOPP). Such notes incorporate many security features not available in paper banknotes, including the use of metameric inks. Polymer banknote ...

s through a limited issuance of 1,000-peso bills during the first half of 2022, as part of a long-term study to move to polymer notes. The banknotes will be printed by

Note Printing Australia Note Printing Australia (NPA) is a wholly owned subsidiary of the Reserve Bank of Australia (RBA) that produces banknotes and passports. It was corporatised in July 1998 and is located in Craigieburn, Melbourne. NPA has its origins as a subsidia ...

(NPA), wholly owned subsidiary of the

Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. Th ...

(RBA) as result of a government-to-government (G2G) memorandum of understanding between the RBA and the BSP. In 2021, BSP silently approved the end of production of the 200-peso banknote due to low usage. In December 2022, BSP announced the new banknotes bearing the signatures of President

Bongbong Marcos Ferdinand "Bongbong" Romualdez Marcos Jr. (, , ; born September 13, 1957), commonly referred to by the initials BBM or PBBM, is a Filipino politician who has served as the 17th president of the Philippines since 2022. He is the second child ...

and BSP Governor Felipe Medalla. The 2020 BSP logo is now also used on 20, 50, 100, 500, and 1,000-piso (non-polymer version) bills which replaced the 2010 BSP logo that has been in use since the series' release to the public on December 16, 2010.

Banknotes

Original series

Enhanced (2020) series

Coins

Design

Coins

1 sentimo

The obverse side of the coin features the description "Republika ng Pilipinas", the three stars and the sun (stylized representation of the

), the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the '' Xanthostemon verdugonianus'' (Mangkono), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The composition is nickel-plated steel, has diameter of 15 mm, and mass of 1.9 grams.

5 sentimo

The obverse side of the coin features the description "Republika ng Pilipinas", the three stars and the sun (stylized representation of the

), the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the '' Hoya pubicalyx'' (Kapal-kapal baging), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The composition is nickel-plated steel, has diameter of 16 mm, and mass of 2.2 grams.

25 sentimo

The obverse side of the coin features the description "Republika ng Pilipinas", the three stars and the sun (stylized representation of the

), the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the ''

Dillenia philippinensis ''Dillenia philippinensis'' (katmon) is a species of flowering plant in the family Dillenaceae. It is endemic to the Philippines and can be used for urban greening. Its fruit is known as elephant apple. Katmon grows in low to medium altitude ...

'' (Katmon), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The composition is nickel-plated steel, has diameter of 20 mm, and mass of 3.6 grams. The size and mass of this coin is the same as the 25 sentimo coin in the BSP Series.

1 piso

The obverse side of the coin features the description "Republika ng Pilipinas",

José Rizal José Protasio Rizal Mercado y Alonso Realonda (, ; June 19, 1861 – December 30, 1896) was a Filipino nationalist, writer and polymath active at the end of the Spanish colonial period of the Philippines. He is popularly considered a na ...

, a national hero of the Philippines, the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the '' Vanda sanderiana'' (Waling-Waling), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The composition is nickel-plated steel, has diameter of 23 mm, and mass of 6 grams.

5 piso

The obverse side of the coin features the description "Republika ng Pilipinas",

Andrés Bonifacio Andrés Bonifacio y de Castro (, ; November 30, 1863May 10, 1897) was a Filipino people, Filipino revolutionary leader. He is often called "The Father of the Philippines, Philippine Philippine Revolution, Revolution", and considered a nationa ...

, a national hero of the Philippines, the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the ''

Strongylodon macrobotrys ''Strongylodon macrobotrys'', commonly known as the jade vine, emerald vine,''The Royal Horticultural Society A–Z Encyclopedia of Garden Plants'', ed. Christopher Brickell, Dorling Kindersley, London, 1996, , p987 or turquoise jade vine, is a l ...

'' (Tayabak), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The composition is nickel-plated steel, has diameter of 25 mm, and mass of 7.4 grams. Due to the confusion of the 5-piso coin bearing similarities with the 1-piso coin (mainly caused by its similar size), the Bangko Sentral ng Pilipinas has reissued the 5-piso coin in a nonagonal (9-sided shape) into circulation on December 17, 2019.

10 piso

The obverse side of the coin features the description "Republika ng Pilipinas",

Apolinario Mabini Apolinario Mabini y Maranán (; July 23, 1864 – May 13, 1903) was a Filipino revolutionary, revolutionary leader, educator, lawyer, and Politician, statesman who served first as a legal and constitutional adviser to the Philippine Revolution# ...

, a national hero of the Philippines, the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the ''

Medinilla magnifica ''Medinilla magnifica'', the showy medinilla or rose grape, is a species of epiphytic flowering plant, of the family Melastomataceae, native to the Philippines. Various cultivars and hybrids of this species, genus and family are well-known and ha ...

'' (Kapa-kapa), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The composition is nickel-plated steel, has diameter of 27 mm, and mass of 8 grams.

20 piso

The 20 piso banknote will be changed into a coin that will be released in December 2019 to solve the overuse of this banknote that only takes a year to replace it with a new banknote based on a research by the

University of the Philippines The University of the Philippines (UP; ) is a Higher education in the Philippines#State universities and colleges, state university system in the Philippines. It is the country's national university, as mandated by List of Philippine laws, Re ...

. The Bangko Sentral ng Pilipinas states that the new 20 piso coin lasts for 10 to 15 years, longer than a 20 piso banknote. The 20 peso coin was issued into circulation on December 17, 2019. The coin is bi-metallic, with a bronze-plated steel outer ring and a nickel-plated steel center plug, and is the second bi-metallic coin issued by the Bangko Sentral ng Pilipinas, after the 10 peso coin of the ''New Design/BSP'' series. The obverse side of the coin features a portrait of

Philippine President The president of the Philippines (, sometimes referred to as ) is the head of state, head of government and chief executive of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in- ...

Manuel Quezon Manuel Luis Quezon y Molina (, , , ; 19 August 1878 – 1 August 1944), also known by his initials MLQ, was a Filipino lawyer, statesman, soldier, and politician who was president of the Commonwealth of the Philippines from 1935 until his d ...

and the reverse side of the coin depict the '' Scyphiphora'' (Nilad),

Malacañang Palace Malacañang Palace (, ), officially known as Malacañán Palace, is the official residence and principal workplace of the president of the Philippines. It is located in the Manila district of San Miguel, Manila, San Miguel, along Jose Laurel S ...

, the official residence and workplace of the President of the Philippines and the current logo of the Bangko Sentral ng Pilipinas. One notable feature is the edge inscription, with the initial "BSP" at six angles. This is the fourth edge inscription coin used in the Philippines in common circulation.

Banknotes

20 piso

Colored orange, the main design on the front of the note features a portrait of

Philippine president The president of the Philippines (, sometimes referred to as ) is the head of state, head of government and chief executive of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in- ...

Manuel L. Quezon Manuel Luis Quezon y Molina (, , , ; 19 August 1878 – 1 August 1944), also known by his initials MLQ, was a Filipino people, Filipino lawyer, statesman, soldier, and politician who was president of the Commonwealth of the Philippines from 1 ...

along with scenes associated with Quezon, including the declaration of Filipino as the national language of the

Philippines The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...

and

, the official residence of the President of the Philippines. The designs on the back of the note depict the

Banaue Rice Terraces The Banaue Rice Terraces () are terraces that were carved into the mountains of Banaue, Ifugao, in the Philippines, by the ancestors of the Igorot people. The terraces were built with minimal equipment, largely by hand. The terraces are l ...

, the

Asian palm civet The Asian palm civet (''Paradoxurus hermaphroditus''), also called common palm civet, toddy cat and musang, is a viverrid native to South and Southeast Asia. Since 2008, it is IUCN Red Listed as Least Concern as it accommodates to a broad range o ...

(''Paradoxurus hermaphroditus''), and a weave design from the

Cordilleras A cordillera is a chain or network of mountain ranges, such as those in the west coast of the Americas. The term is borrowed from Spanish, where the word comes from , a diminutive of ('rope'). The term is most commonly used in physical geogra ...

50 piso

Colored red, the main designs shown on the front of the note depict a portrait of

Sergio Osmeña Sergio Osmeña Sr. (, ; zh, c=吳文釗, poj=Gô͘ Bûn-chiau; September 9, 1878 – October 19, 1961) was a Filipino people, Filipino lawyer and politician who served as the List of presidents of the Philippines, fourth president of the Ph ...

and images tied to him, one depicting the First Philippine Assembly in 1907 and the other the Leyte Landing. The main designs on the back show

Taal Lake Taal Lake (, ), formerly known as Bombón Lake, is a fresh water Volcanic crater lake, caldera lake in the Provinces of the Philippines, province of Batangas, on the island of Luzon in the Philippines. The lake fills Taal Volcano, a large volc ...

, the

Giant Trevally The giant trevally (''Caranx ignobilis''), also known as the lowly trevally, barrier trevally, ronin jack, giant kingfish, or ''ulua'', is a species of large ocean, marine fish classified in the jack Family (biology), family, Carangidae. The gian ...

(locally known as ''Maliputo'') (''Caranx ignobilis'') and an embroidery design from

Batangas Batangas, officially the Province of Batangas ( ), is a first class province of the Philippines located in the southwestern part of Luzon in the Calabarzon region. According to the 2020 census, it has a population of 2,908,494 people, making ...

province.

100 piso

Colored violet, the main designs for this denomination on the front depict a portrait of

Manuel A. Roxas and images associated with Roxas, including the founding of the Central Bank of the Philippines (''Bangko Sentral ng Pilipinas'') in 1949 and the Inauguration of the Third Philippine Republic on July 4, 1946. The main designs shown on the back feature the

Mayon Volcano Mayon (; , ), also known as Mount Mayon and Mayon Volcano is an active stratovolcano in the province of Albay in Bicol, Philippines. A popular tourist spot, it is renowned for its "perfect cone" because of its symmetric conical shape, and i ...

, the

Whale Shark The whale shark (''Rhincodon typus'') is a slow-moving, filter feeder, filter-feeding carpet shark and the largest known Extant taxon, extant fish species. The largest confirmed individual had a length of . The whale shark holds many records for ...

(locally known as ''Butanding'', scientific name ''Rhincodon typus'') and a weave design from Bicol. The original version, issued from 2010 to 2016, included a blue underprint. Notes issued from 2016 onwards have a strong mauve or violet color, due to complaints that the color of the 100 pesos note is almost indistinguishable from the 1,000 pesos note.

200 piso

Colored green, the main designs of the front of the note feature a portrait of

Diosdado P. Macapagal, along with images associated with Macapagal, including the EDSA People Power 2001, the

Aguinaldo Shrine The Emilio Aguinaldo Shrine (or the Cavite El Viejo Shrine) is a national shrine located in Kawit, Cavite in the Philippines, where the Philippine Declaration of Independence from Spain was declared on June 12, 1898, or Independence Day (Philip ...

Kawit Kawit, officially the Municipality of Kawit (), is an urban municipality of the Philippines, municipality in the Philippine Province, province of Cavite, Philippines. According to the 2020 census, it has a population of 107,535. It is one of ...

Cavite Cavite, officially the Province of Cavite (; Chavacano: ''Provincia de Cavite''), is a Provinces of the Philippines, province of the Philippines located in the Calabarzon region. On the southern shores of Manila Bay and southwest of Manila, i ...

and the

Barasoain Church Our Lady of Mount Carmel Parish, also known as Barásoain Church () is a Roman Catholic church built in 1888 in Malolos, Bulacan, Philippines. It is under the jurisdiction of the Diocese of Malolos and is about from Manila. Having earned the ...

Malolos, Bulacan Malolos , officially the City of Malolos (), is a Cities of the Philippines#Legal classification, component city and capital of the Provinces of the Philippines, province of Bulacan, Philippines. According to the 2020 census, it has a population ...

. The main designs on the back of the note feature the

Chocolate Hills The Chocolate Hills (, , or ) are a geological formation in the Philippine province of Bohol.Bohol Bohol (), officially the Province of Bohol (; ), is an island province of the Philippines located in the Central Visayas Regions of the Philippines, region, consisting of the island itself and 75 minor surrounding islands. It is home to Bohola ...

, the Philippine

tarsier Tarsiers ( ) are haplorhine primates of the family Tarsiidae, which is the lone extant family within the infraorder Tarsiiformes. Although the group was prehistorically more globally widespread, all of the existing species are restricted to M ...

(''Tarsius syrichta''), and a weave design from the

Visayas The Visayas ( ), or the Visayan Islands (Bisayan languages, Visayan: ''Kabisay-an'', ; Filipino language, Filipino: ''Kabisayaan'' ), are one of the three Island groups of the Philippines, principal geographical divisions of the Philippines, a ...

. The main designs on the front of the note were used from 2010 to 2017. The 2017 issue features images showing the

Declaration of Philippine Independence The Philippine Declaration of Independence (; ) was proclaimed by Filipino revolutionary forces general Emilio Aguinaldo on June 12, 1898, in Cavite el Viejo (present-day Kawit, Cavite), Philippines. It asserted the sovereignty and independen ...

, and the Opening of the Malolos Congress in

Malolos Malolos , officially the City of Malolos (), is a component city and capital of the province of Bulacan, Philippines. According to the 2020 census, it has a population of 261,189 people. It is the capital city of the province of Bulacan as the ...

Bulacan Bulacan, officially the Province of Bulacan (; ; ; ), is a Provinces of the Philippines, province in the Philippines located in the Central Luzon Regions of the Philippines, region. Its capital is the city of Malolos. Bulacan was established on ...

500 piso

Colored yellow, the main designs on the front of the note feature the dual portraits of Philippine Senator

Benigno Aquino Jr. Benigno "Ninoy" Simeón Aquino Jr., (, ; November 27, 1932 – August 21, 1983) was a Filipino politician who served as a senator of the Philippines (1967–1972) and governor of the province of Tarlac (1963–1967). Aquino was the husband ...

and his wife,

Corazon C. Aquino María Corazón "Cory" Sumulong Cojuangco-Aquino (; January 25, 1933 – August 1, 2009) was a Filipino politician who served as the 11th president of the Philippines and the first woman president in the country, from 1986 to 1992. She was ...

. Also on the front of the note are images associated to the couple, the image of the

1986 People Power Revolution The People Power Revolution, also known as the EDSA Revolution or the February Revolution, were a series of popular demonstrations in the Philippines, mostly in Metro Manila, from February 22 to 25, 1986. There was a sustained campaign of ...

and the Benigno Aquino Jr. monument in

Makati Makati ( ; ), officially the City of Makati (), is a highly urbanized city in the National Capital Region of the Philippines, known for being one of the leading financial centers in the country. As of 2013, the city has the highest concent ...

. The main designs on the back of the note feature the Subterranean River National Park, the

Blue-naped parrot The blue-naped parrot (''Tanygnathus lucionensis''), also known as the blue-crowned green parrot, Luzon parrot, the Philippine green parrot, and locally known as pikoy, is a parrot native throughout the Philippines and the Talaud Islands of Indon ...

(''Tanygnathus lucionensis''), and a cloth design from the Southern Philippines.

1,000 piso

Colored light-blue, the main designs on the front of the note feature the trio portraits of

José Abad Santos José Abad Santos y Basco (, ; February 19, 1886 – May 1, 1942) was the fifth chief justice of the Philippines, chief justice of the Supreme Court of the Philippines. He briefly served as the acting president of the Philippines, president of ...

, Vicente Lim and

Josefa Llanes Escoda Josefa Madamba Llanes Escoda (born Josefa Llanes y Madamba; 20 September 1898 – 6 January 1945) was a Filipinos, Filipino teacher and social worker known for her role in the establishment of the Girl Scouts of the Philippines and campaigns f ...

. Also on the front of the note is an image of the Centennial celebration of Philippine independence. The main designs on the back of the note feature the

Tubbataha Reefs Natural Park The Tubbataha Natural Park, also known as the Tubbataha Reefs Natural Park (), is a protected area of the Philippines located in the middle of the Sulu Sea. The marine and bird sanctuary consists of two huge atolls (named the North Atoll and Sou ...

, the South Sea Pearl (''

Pinctada maxima ''Pinctada maxima'' is a species of pearl oyster, a marine bivalve mollusk in the family Pteriidae, the pearl oysters. There are two different color varieties: the Gold-lipped oyster and the Silver-lipped oyster. These bivalves are the largest ...

''), and a cloth design from the Mindanao design for

T'nalak ''Tnalak'' (also spelled ''tenalak''), is a weaving tradition using resist-dyed threads of the Tboli people of South Cotabato, Philippines. T'nalak cloth is woven exclusively by women who have received the designs for the weave in their dreams ...

(Ikat-dyed abaca). The original issue from 2010 to 2017 featured the

Order of Lakandula The Order of Lakandula () is one of the highest civilian orders of the Philippines, established on September 19, 2003. It is awarded for political and civic merit and in memory of Lakandula’s dedication to the responsibilities of leadership ...

(erroneously labelled as "Medal of Honor") and its description on the front. Notes issued from 2017 onwards omit both the medal and its description.

Commemorative banknotes

5,000 piso

On January 18, 2021, the

issued a non-circulating 5,000 piso banknote in commemoration of the Quincentennial Commemorations in the Philippines, the anniversary of the Victory of Mactan, which

Lapulapu Lapulapu (floruit, fl. 1521) or Lapu-Lapu, whose name was first recorded as Çilapulapu, was a datu (chief) of Mactan, an island now part of the Philippines. Lapulapu is known for the 1521 Battle of Mactan, where he and his men defeated Spa ...

vanquished Portuguese conquistador

Ferdinand Magellan Ferdinand Magellan ( – 27 April 1521) was a Portuguese explorer best known for having planned and led the 1519–22 Spanish expedition to the East Indies. During this expedition, he also discovered the Strait of Magellan, allowing his fl ...

and his army in their attempt to colonize Mactan. On its obverse, the banknote depicts a young Lapulapu, an image of the

Battle of Mactan The Battle of Mactan (; ) was fought on a beach in Mactan Island (now part of Cebu, Philippines) between Spanish forces led by the Portuguese explorer Ferdinand Magellan along with local allies, and Lapulapu, the chieftain of the island, on th ...

, the QCP logo, and the ''

Karakoa ''Karakoa'' were large outrigger warships from the Philippines. They were used by native Filipinos, notably the Kapampangans and the Visayans, during seasonal sea raids. ''Karakoa'' were distinct from other traditional Philippine sailing vesse ...

'', the large outrigger warships used by native Filipinos, while on its reverse shows the

Philippine eagle The Philippine eagle (''Pithecophaga jefferyi''), also known as the monkey-eating eagle or great Philippine eagle, is a critically endangered species of eagle of the family Accipitridae which is Endemism, endemic to forests in the Geography of ...

, or the Manaol, which symbolizes clear vision, freedom, and strength; and which embodies the ancient Visayan belief that all living creatures originated from an eagle, also featured are the tree of a

coconut The coconut tree (''Cocos nucifera'') is a member of the palm tree family (biology), family (Arecaceae) and the only living species of the genus ''Cocos''. The term "coconut" (or the archaic "cocoanut") can refer to the whole coconut palm, ...

, which was food the people of Samar provided to Ferdinand Magellan and his crew; and

Mount Apo Mount Apo is the highest mountain peak in the Philippines, with an elevation of above sea level. A large solfataric, dormant stratovolcano, it is part of the Apo-Talomo Mountain Range of Mindanao island. Apo is situated on the tripartite b ...

, which is located in Mindanao, where the circumnavigators finally found directional clues to their intended destination of

Maluku Maluku may refer to: Places * Maluku Islands, an archipelago that is part of Indonesia ** List of the Maluku Islands * Maluku (province), a province of Indonesia comprising the central and southern parts of the archipelago * North Maluku, a provin ...

or the Spice Island.BSP Issues Lapulapu Commemorative Banknote and Medal

(https://www.bsp.gov.ph). January 18, 2021. Retrieved on February 17, 2021. This commemorative non-circulating banknote is predominantly brown in color.

References

{{Portal bar, Money, Numismatics, Philippines Banknotes of the Philippines Philippines currency history Portraits on banknotes