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BSP Releases New Generation Currency Banknotes with Enhanced Design and the Signature of the Fourth Governor of the Bangko Sentral ng Pilipinas

12.05.2017

Pursuant to its mandate of preserving the integrity of Philippine currency, the Bangko Sentral ng Pilipinas releases today New Generation Currency (NGC) banknotes with enhanced design. The enhancements aimed to highlight significant moments in the nation’s history, as well as its world heritage sites and iconic natural wonders. The Philippine banknotes remain a constant reminder of the Philippine patriotism and bravery, and centuries of journey for the Filipino people’s better future.

The design enhancements include the following:

Denomination/s

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”

1000-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 1000-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 Bangko Sentral ng Pilipinas, Nestor A. Espenilla, Jr. These NGC banknotes shall be issued to authorized agent banks for withdrawal of the general public.

The Bangko Sentral ng Pilipinas, with its commitment in maintaining the integrity of the Philippine currency, 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 NGC banknotes without the enhanced features will remain legal tender.

See Design Enhancements

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