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The new design of the 1000-peso bill would later be adopted for the 50-peso, 100-peso, and 500-peso bills as part of the First Philippine polymer series, which was unveiled in December 2024. Each bill also featured a different set of species, also replacing the images of Philippine heroes, which continues to be criticized by civil groups. [10] [11]
For the ₱500 and ₱1000, the denomination value has been embossed with optically variable ink wherein the color changes if the banknote is tilted. A stylized Philippine Flag has also been added with optically variable ink on the ₱500 note replacing optically variable device patch. [19] The Concealed Value are more reflective (all banknotes).
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. [5] In 2017, Bangko Sentral ng Pilipinas updated the design of the P200 and P1000 NGC series banknotes.
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 2013 and circulated from 1985 to 2019 including commemorative notes, and coins issued from 1995 to 2017.
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 16, 2010 three years after the project and process for NDS demonetization were started. The word used in the bills was "Pilipino" rendered in Baybayin (ᜉᜒᜎᜒᜉᜒᜈᜓ).
Cash currency has perhaps never been less visible than it is right now. Many retailers moved to credit-only transactions throughout the COVID-19 pandemic, while an increasing number of consumers...
State title, Melchora Aquino, value "ANG BAGONG LIPUNAN," BSP logo, year of minting March 31, 1975 January 2, 1998 10¢ 18 mm 2g Cupro-Nickel Reeded State title, Francisco Baltazar, value "ANG BAGONG LIPUNAN," BSP logo, year of minting March 31, 1975 January 2, 1998 25¢ 21.0 mm 4g State title, Juan Luna, value ₱1: 29 mm 9.5g
Collectors estimate different values for these bills, but it could be in the thousands of dollars. ... $500, $1,000, $5,000, $10,000 and $100,000 bills were in circulation. After the last printing ...