Saturday, December 18, 2010

New Bills Signal a New Philippine Era

On 17 December 2010 (Friday), PNoy and officials of the Bangko Sentral ng Pilipinas (BSP) unveiled the new generation of Philippine peso bills, which will be released in time for Christmas. They are made up of 80% cotton and 20% abaca. They also have antibacterial components that can last up to more than three years for higher-denominated ones.

The new designs came as first time in 25 years. Design Systremat and Studio 5 collaborated in designing the reverse as well as the obverse sides of the new bills.

The lower denominations P20 and P50 will be released a head in time for Christmas. The other denominations will be out the first week of January 2011.

New Security Features

The main reason for these new designs was the combat of conterfeiters who, BSP officials said, have already almost perfected their copies of the current bills.

The bills contain a patch with colors that change from blue to green and then back to blue at a 45-degree angle. Its photo insets also changes into its numerical denomination, as can be seen in the P500 bill.

They also have micro prints and security threats that are harder this time to counterfeit. The 200, 500, and 1,000 denominations contain a 4-mm security thread embedded on the paper.

New Look

The P1000 bills still features the portraits of Josefina Llanes Escoda, Vicente Lim, and Jose Abad Santos. At the back of this new bill, 130,000-hectareTubbataha Reef spreads.

The P500 bills contain an inset that contains the photo of the late Senator Benigno "Ninoy" Aquino Jr., father of PNoy. At various angles, his photo changes to 500. In the reverse side, it features the Subterranean River National Park in Punta Princesa, Palawan.

The P200 bills shows at front the former President Diosdado Macapagal, together with the inaugural of her daughter former President Gloria Macapagal-Arroyo. At the back appears Bohol, with emphasis on the tarsier (the world's smallest monkey) and Chocolate Hills both found in the province.

The P100 bills feature the picture of former President Manuel Roxas. In the reverse side, it shows the Bicol region, with emphasis on Mayon Volcano and the famous butanding (whale shark) found in the region. It used to be place for the Bangko Sentral ng Pilipinas (BSP) building.

The P50 bills show the bust sketch of former President Sergio Osmeña with the reverse side featuring Taal Lake of Laguna, which replaces the picture of the National Museum.

The P20 bills feature the portrate of former President Manuel Quezon. The reverse side shows the Banaue Rice Terraces, replacing the picture of Malacañang Palace.

Sources
Sheryll Mundo & Alvin Elchico: "Philippine peso bills take on new generation look," ABS-CBN News 18 December 2010
Asian News Network: "Former Philippine president 'disappears' from new P200 bill" 19 December 2010

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