New Generation Currency Banknote Series
New Generation Currency Series (2010-present)
In 1995, a new set of coins and notes was issued In 2009, the Bangko Sentral ng Pilipinas announced that it launched a massive redesign for current banknotes and coins to further enhance security features and improve durability. The members of the numismatic committee include Bangko Sentral Deputy Governor Diwa Guinigundo and Dr. Ambeth Ocampo Chairman of the National Historical Institute. The new banknote design features famous Filipinos and iconic natural wonders. Philippine national symbols will be depicted on coins. To provide a smooth transition from the New Design Series to New Generation Currency series, BSP purposely retained some NDS features, such as, the size, predominant colors and the featured personalities in the NGC, except for the portrait of President Corazon Aquino which is an added portrait on the 500-piso note. The BSP started releasing the initial batch of new banknotes on December 16, 2010. The NGC will co-exist with the NDS approximately until 2014, while BSP is building up its capability to print and produce NGC banknotes with the latest anti-counterfeiting security features incorporated through advanced technologies, benchmarked worldwide. Color plays an important part in the design, accentuating key elements such as value numerals, seals and note edges. The inclusion of large intaglio printed numbers on the front differentiates each denomination to provide assistance for the visually impaired.
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