Bangko Sentral ng Piilipinas

a. BSP Seal – The new seal was introduced when the Bangko Sentral ng Pilipinas was established on July 3, 1993 under the New Central Bank Act. The Filipino flag expresses the Filipino people’s nationalism and unity. The risen sun denotes the bright future and renewed spirit of the nation. The mountains stand for stability, while the wheel represents movement and industry, which are key to the nation’s progress.

b. Man and the Wheel of Progress – The seal of the old Central Bank of the Philippines symbolizes a Filipino nation steering the wheel toward progress.

c. Study Now, Pay Later Plan (P500) – A bill sponsored by Ninoy Aquino, it is a reflection of his concern for the education of the youth.

d. The Bangko Sentral ng Pilipinas Complex (P100)

e. Gavel (P50) - The gavel connotes justice. It is also and allusion to Sergio Osmena as the first speaker of the Philippine Assembly.

f. Money in Circulation – A total of 14 paper notes and coins are circulating in our economy today. Though the P5 and P10 denominations have been replaced by coins, these banknotes remain legal tender. In 2001, the BSP began to issue banknotes with an 80-20 cotton abaca blend to allow longer circulation life.