The New Generation of the Phil. Currency

[Itachi101]

ilalabas pa lang ba ang bank note
nila cory at ninoy na five hundred

[jamesbond]

ilalabas pa lang ba ang bank note
nila cory at ninoy na five hundred

boss naka out na po yan sa circulation... +like po sa pagdaan mo po dito...

Two Hundred Piso Banknote
Obverse: President Diosdado P. Macapagal; EDSA People Power II (January 2001); Independence House; Barasoain Church; Seal of the Republic of the Philippines; and the New BSP Seal
Reverse: Bohol Chocolate Hills; Tarsier (Tarsius syrichta); handcrafted design from the Visayas in Central Philippines
Security Features: (1) embossed prints, (2) serial number, (3) security fibers, (4) watermark, (5) see-through mark, (6) concealed value, (7) security thread

President Diosdado P. Macapagal (28 September 1910 - 21 April 1997) is known for his land reform and socio-economic agenda that started the process of economic liberalization and the shift to a market economy in the Philippines. He moved the celebration of Philippine independence from 4 July 1946 to 12 June 1898 when General Emilio Aguinaldo declared independence from Spanish colonial rule and, in the process, made the Philippines Asia's first republic. Barasoain Church in Malolos Bulacan was the venue for the inauguration of the First Philippine Republic. Aguinaldo's home in Cavite is now called the Independence House.

President Diosdado Macapagal is the father of President Gloria Macapagal-Arroyo who assumed office as a result of the EDSA People Power II in January 2001.

The famous Chocolate Hills of Bohol are verdant green mounds during the rainy season that turn chocolate brown at the end of the dry season. Numbering about 1,268 hills, they rise to 30 to 50 meters.

The Philippine tarsier is described as one of the world's smallest primates; it can fit comfortably in one's hands. It can be found in Bohol and in Samar, Leyte, and Mindanao.

[jamesbond]

One Hundred Piso Banknote

Obverse: President Manuel A. Roxas; Central Bank of the Philippines (1949); Inauguration of the Third Republic (4 July 1946); Seal of the Republic of the Philippines; and the New BSP Seal
Reverse: Mayon Volcano; Whale Shark (Rhincodon typus); Indigenous textile from the Bicol Region
Security Features: (1) embossed prints, (2) serial number, (3) security fibers, (4) watermark, (5) see-through mark, (6) concealed value, (7) security thread

President Manuel A. Roxas (1 January 1892 - 15 April 1948) took his oath of office on 4 July 1946 as the first president of the Third Philippine Republic, when the United States recognized the independence of the Republic of the Philippines. Having inherited a nation in the ruins of World War II, he set in motion the crafting of the first Master Economic Plan, the first known in developing Asia, which started the country on the road to reconstruction and development. He thus earned the title "Nation Builder." A Philippine Bar topnotcher, he had a lifelong career as public servant. He was 27 when he became Governor of the Province of Capiz, the country's youngest, and was Speaker of the House for 12 consecutive years. One of his priorities was the drafting of a charter for a central bank, which he deemed as a step towards sovereignty. However, he did not complete his term due to a fatal heart attack. Shortly after his death, his successor President Elpidio Quirino signed Republic Act 265 or the Central Bank Act in June 1948. On 3 January 1949, the Central Bank of the Philippines opened for business.

The Bicol Region is famous for majestic Mayon Volcano, the country's most active which has a near perfect cone. It is in Legazpi City, Albay.

The "butanding" or whale shark, the world's largest living fish, is the main attraction in Donsol, Sorsogon. These gentle giants regularly visit the waters of Sorsogon to mate and to feed on plankton abundant in Donsol River.

[jamesbond]

Fifty Piso Banknote

Obverse: President Sergio Osmeña; First National Assembly 1907; Leyte Landing; Seal of the Republic of the Philippines; and the New BSP Seal
Reverse: Taal Lake; Maliputo (Caranx ignobilis); embroidery design handcrafted in Batangas province
Security Features: (1) embossed prints, (2) serial number, (3) security fibers, (4) watermark, (5) see-through mark, (6) concealed value, (7) security thread

President Sergio Osmeña (9 September 1878 - 19 October 1961) is the president who led the Philippines during the critical stage nearing the end of World War II and in the transition as an independent nation. He was vice president when President Manuel Quezon passed away and was with the liberation forces led by US General Douglas McArthur in 1944, an event immortalized at a landmark monument known as the "Leyte Landing" at Palo beach in central Philippines. It was during his term when the Philippines joined the United Nations, the International Monetary Fund, and the International Bank for Reconstruction and Development (World Bank)

Taal Lake in Batangas is the deepest freshwater lake in the Philippines. It is also host to active Taal Volcano, the world's smallest volcano.

The Giant Trevally, locally known as Maliputo, a delicious milky fish, thrives only in the waters of the lake. Taal Lake is also the only home of tawilis, the world's only freshwater sardine.

[jamesbond]

Twenty Piso Banknote


Obverse: President Manuel L. Quezon; Filipino as National Language (1935); Malacañan Palace; Seal of the Republic of the Philippines; New BSP Seal
Reverse: Banaue Rice Terraces (UNESCO World Heritage Site); Palm Civet (Paradoxurus hermaphroditus philippinensis), Weave design from the Cordilleras
Security Features: (1) embossed prints, (2) serial number, (3) security fibers, (4) watermark, (5) see-through mark, (6) concealed value, (7) security thread

President Manuel L. Quezon (19 August 1978 - 1 August 1940)
Popularly known as the "Father of the National Language," Manuel L. Quezon is the second president of the Philippines and the first to be elected through a national election. He worked tirelessly to gain recognition for the Philippines as an independent nation. During his term, a national language for the Philippines was adopted and Filipino women were given the right to vote. Quezon is the first Filipino president to hold office in Malacañan Palace by the Pasig River in Manila.

The Banaue Rice Terraces in Northern Philippines were carved out of the mountains of the Cotrdilleras around 2,000 years ago by Filipino ancestors using simpe tools. Breathtaking for its high altitude, steep slopes and area covered, the Banaue Rice Terraces showcases a mastery of engineering that is appreciated to the present. It has been declared a World Heritage Site by the United Nations.

The palm civets in the Cordilleras are famous for producing one of the best and expensive coffee varieties in the world - Coffee Alamid. The coffee beans that they eat, partially digest, and released as droppings are prized for their flavor and aroma.

[jamesbond]

ATTN: Old Peso Bill Demonetization Schedule

aba mga kapatid.. basahin nyo ng maiigi ang schedule.. being the TS for our own peso bill i think it's also my duty to inform you all about what's happening with our currency back home in the Philippines... sayang ang mga nakatagong old peso bills dyan sa cabinets nyo hehehe... baka yung mga galing pa kay Santa Claus noong nakaraang pasko eh lumang series pa eh naku, ipalit na sa inyong mga suking bangko.... o eto ang schedule in english and in tagalog... (penge ng balato ha? hahahaha...)

[naruto789544]

thanks for the headsup sir @jamesbond.. got to make sure those old notes be spent or exchanged before the end of the year... 

[jamesbond]

thanks for the headsup sir @jamesbond.. got to make sure those old notes be spent or exchanged before the end of the year... 

ay opo sir naruto... salamat sa pagdaan and it really pays to have been reading and been properly informed about this... mahirap din malaman sa iba pa at kung minsan nadadagdagan pa ang impormasyon at kadalasan mali pa or may halong confusion na din....   

O ETO NAMAN PARA SA ATING MGA OFWs... highlight ko ang pinaka-importante na part sa article na sumusunod....

BSP: Old Banknotes Good for Daily Transactions up to December 31, 2015

The Bangko Sentral ng Pilipinas Deputy Governor Diwa C. Guinigundo today reminded the public that the old banknote series launched in 1985 can still be used for daily transactions up to December 31, 2015.

From January 1, 2016 up to December 31, 2016, the old banknotes can still be exchanged in authorized agent banks and the BSP Cash Department. However, starting January 1, 2017, the old banknote series will be fully demonetized or without monetary value.

This means that the New Generation Banknotes introduced in December 2010 will result in the circulation of a single currency series in the country. The New Generation Banknotes have more and enhanced security features to protect the safety of the public against counterfeiters.

The demonetization process of the old banknotes is in line with the provisions of Section 57 of Republic Act No. 7653, otherwise known as the New Central Bank Act, which authorizes the BSP to replace banknotes that are more than 5 years old. The old banknotes have been in circulation for almost three decades.

The public is advised of the following important information:

1. The public may continue to use the old banknotes up to 31 December 2015 in paying and buying of goods and services and other business or financial transactions requiring the use of cash.  Thereafter, these old banknotes will no longer be accepted for payment transactions;
 
2. From 1 January 2015 to 31 December 2016, the public may exchange with authorized financial institutions, namely universal and commercial banks, thrift banks, and rural as well as cooperative banks, their old banknotes with the New Generation Currency (NGC) Series at full face value, without charge.The public may also opt to exchange their old banknotes with the BSP or any of its regional offices/branches around the Philippines.
 
3. Government institutions holding old banknotes in which could not be exchanged during the prescribed period, such as banknotes used as evidence in a litigation case, will have to request the BSP Cash Department in writing, within the period of exchange, for a special exchange arrangement;
 

4. For Overseas Filipinos (OFs) abroad, who have in their possession old banknotes which could not be exchanged within the prescribed period, they may register online starting 1 October 2016 to 31 December 2016 through the BSP Website.  These old banknotes may be exchanged with the BSP within one (1) year from  date of registration; and

5. Starting 1 January 2017, NDS banknotes that have not been exchanged shall no longer have any monetary value, and are considered demonetized.

[razorsharp]

yung lumang serye ang naaalala ko sa pilipinas nun. hayyyz, time flies by. pawala na pala ito.

[charliehouse]

Pabago-bago ang mukha ng tao na nasa pera pero nananatiling walang pera ang tao.

[dragyron]

Thanks, sir! Informative po 'to para sa mga bro natin na OFW o nag-abroad ng ilang buwan As mga local businesses, pwede din tayo tumulong by accepting old notes, give them new bills, tapos tayo na mismo ang mag-eexchange sa banko ng old currency para sa kanila (especially kung nasa probinsiya)

[naruto789544]

in a few more days old notes will not be honored in our daily transactions... do take note of the currencies you have and exchange them already...