New Design of Philippine Money and Currency Philippine PESO Bills or Bank Notes

Philippine Peso BILLS and Philippine Peso COINS

Bangko Sentral ng Pilipinas broadcasted that it launched a vast redesign for current banknotes and coins to further improve security features and enhance durability last 2009.The members of the committee include Bangko Sentral Deputy Governor Diwa Guinigundo and Dr. Ambeth Ocampo Chairman of the National Historical Institute. The new banknote design has highlighted famous Filipinos and iconic natural wonders while Philippine national symbols will be shown on coins. The Bangko Sentral ng Pilipinas started releasing the initial batch of new banknotes last December 2010 while new coins will be launched beginning 2012. Current banknotes will remain legal tender for at least three years. The new design for Philippine banknotes were released last  December 16, 2010. Below are the description of all bank notes (bills) that are in or will be new in circulation. The sizes of all bank notes or bills should be assumed to be 160 mm by 66 mm in size unless purposely stated otherwise.

NEW PHILIPPINE BILLS OR BANK NOTES 2010
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VALUE	FRONT or Obverse image	FRONT description	BACK image	BACK or Reverse description	Color
20 PESOS or dalawam-pung piso		- Manuel L. Quezon Philippine 2nd president and Commonwealth 1st president. - Malacanang Palace - Filipino was declared as national language		- Banaue Rice Terraces - Palm civet - Cordilleras weave design	Orange
50 PESOS or limam- pung piso		- Sergio Osmena Commonwealth 2nd President. Assumed office upon the death of Manuel Quezon. - First Philippine Assembly - Leyte Landing		-Taal Lake in Batangas - Giant Trevally - Batangas Embroidery Design	Red
100 PESOS or sandaang piso		- Manuel Roxas - Old BSP building in Intramuros, Manila - Inauguration of the Third Philippine Republic		- Mayon Volcano in Albay - Whale shark - Bicol textile design	Mauve
200 PESOS or dalawan- daang piso		- Diosdado Macapagal - EDSA People Power 2001 - Aguinaldo Shrine in Kawit, Cavite - Barasoain Church in Malolos, Bulacan		- Chocolate Hills in Bohol - Philippine tarsier - Visayas weave design	Green
500 PESOS or liman- daang piso		- Benigno Ninoy S. Aquino Jr. - Corazon C. Aquino - EDSA People Power I - Benigno Aquino monument in Makati City		- Subterranean Underground River in Puerto Princesa, Palawan - Blue-naped Parrot - Southern Philippines cloth design	Golden Yellow
1000 PESOS or sanlibong piso		- Three Philippine Patriots: Chief justice Jose Abad Santos, Gen. Vicente Lim and Josefa Llanes Escoda. - Centennial celebration of Philippine independence - Medal of Honor, which was awarded to Abad Santos, Lim, and Escoda		- Tubbataha Reefs Natural Park in Sulu Sea - South Sea pearl - Mindanao design for Tinalak (Ikat-dyed abaca)	Blue