The new 2010 Peso Bills have been released since December 2010. . . I'm so eager to have and hold all of it. I've only seen the P50-bill from my son and I'm actually holding on to a P200.bill which I even asked a friend if I can have it... (I even took a picture of it (BELOW) ... I always like new bills in my purse.).
Per the Bangko Sentral ng Pilipinas, the old bills will still be in circulation in the next 3 years.. So if you still have those old bills in your "baul" (treasure chests) make sure you return it to the Banking System by 2013.or they will no longer be legal tender.
Its interesting to know about these new bills especially the craftsmanship that goes into it and moreso the added security features to protect the public from counterfeit money.
I came across a video by the BANGKO SENTRAL NG PILIPINAS (BSP) on these NEW GENERATION PESO BILLS. . . Its very INFORMATIVE. I especially loved the 3D effects of the video. Please take a look at the video to know more about the story behind our very own Philippine Money; how our "piso" bills tell so much about our history and our rich natural resources. Here is the link:
The new P20 peso bill honors Manuel Quezon, the first-elected Philippine President who advocated the adoption of national language and tirelessly regained Phil Independence, The bill also features the Palm Civets of the Cordillera, its rich coffee industry - the alamid coffee and the Banaue Rice Terraces -a wold heritage site.
The P50 peso bill features Sergio Osmena, who played a critical role in the WWII transition to an independent nation. The reverse side of the bill shows Taal Lake - home of the smallest volcano and maliputo milk fish
The P100 peso bill has Manuel Roxas, who prioritized crafting BSP Charter, and the reconstruction of the country from devastation from the WWII. At the back is the majestic and almost perfect-cone-shaped - Mayon Volcano and the Butanding - the largest fish specie or whale shark.
The P200 peso bill shows Diosdado Macapagal, who started land reform and restored Philippine Independence. Opposite side is the Chocolate Hills and Tarsier in the Visayas Region.
The P500 peso bill has Ninoy and Cory Aquino, our champions of Philippine democracy against martial law and the first woman Philippine President. At the reverse side of the bill is : Palawan's Subterranean River National Park, declared by UNESCO as a world heritage site, and the blue-naped parrot from Palawan and Mindoro.
Finally, the P1000 peso bill features the 3 war veterans Jose Abad Santos, Girs Scout of the Philippines' Josefa Llanes Escoda, and Vicente P. Llim. At the back of the bill is the Tubbataha Reef Marine park and South Sea Pearl.
Go and check out BSP's video. . . It tells us a little about our Philippine numismatic history, why they can't just keep printing bills, the printing and the process of how the money reaches the public and more importantly, one thing you should not miss, is the security features of our new bills so that you are protected from counterfeit money.