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World Paper Money – Bank of Philippines Releases New Generation of Banknotes

World Paper Money By Central Bank of the Philippines …..

Pursuant to its mandate of preserving the integrity of Philippine currency, the Central Bank of the Philippines (Bangko Sentral ng Pilipinas or BSP) release its New Generation Currency (NGC) of world paper money banknotes with enhanced design on December 5. The enhancements aimed to highlight significant moments in the nation’s history, as well as world heritage sites and iconic natural wonders from The Philippines. These banknotes remain a constant reminder of the Philippine patriotism and bravery, and centuries of striving for the Filipino people’s better future.

The world paper money design enhancements include the following:

world paper money Bank of Philippines Banknotes 2017

Denominations & Enhancements/Changes

  • 200-Piso: Changes in the images in the obverse side of the banknote particularly those depicting the Declaration of Philippine Independence and Opening of the Malolos Congress
  • 50-Piso: Addendum in the text “Leyte Landing” to “Leyte Landing October 1944”
  • 1,000-Piso: Deletion of the image of the Order of Lakandula Medal and the phrase “MEDAL OF HONOR” in the obverse side of the banknote
  • 20-, 50-, 100-, 200-, 500-, and 1,000-Piso: Changes in the format of the scientific names and increase in the font size of the year mark of the banknotes

The BSP shall also be releasing the NGC banknotes bearing the signature of the fourth governor of the Central Bank of the Philippines, Nestor A. Espenilla, Jr. These world paper money NGC banknotes shall be issued to authorized agent banks for withdrawal of the general public.

The Central Bank, with its commitment in maintaining the integrity of the Philippine world paper money, is considering further enhancements for the NGC banknotes such as inclusion of braille marks for the visually impaired and other improvements in the security features.

The Bank of Philippines NGC banknotes without the enhanced features will remain legal tender.

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