Philippine paper money or banknotes of the Philippines

New Design Series Notes
Philippine Paper Money
1985-2014

1985 New Design and 1993 BSP Series

In 1983, the Committee was deciding the issuing of new banknotes to replace the Ang Bagong Lipunan Series by issuing seven new banknotes consisting of 5, 10, 20, 50, 100, 500, and 1000-peso banknotes.

On June 12, 1985, the Central Bank issued the New Design Series starting with a new 5-peso banknote with the face of Emilio Aguinaldo. The following months, a new 10-peso banknote with the face of Apolinario Mabini. In early 1986, a new 20-peso banknote appeared. After the 1986 People Power Revolution and the new 1987 Constitution was promulgated, the Central Bank issued a new 50, 100- and for the second time a new 500-pesos banknote with the face of Benigno Aquino, Jr.. In 1991, the Central Bank issued for the first time a new 1000-peso banknote, containing the pictures of Jose Abad Santos, Josefa Llanes Escoda and Vicente Lim.

After the passage of the New Central Bank Act of 1993, the New Design Series, which was initiated in 1985, was slightly changed because of new seal of the Bangko Sentral ng Pilipinas. In 1998, the 100,000-peso Centennial banknote, measuring 8.5"x14", accredited by the Guinness Book of World Records as the world's largest legal tender note. It was issued in very limited quantity during the celebration of the Centennial of Philippine Independence. In 2001, the Bangko Sentral issued upgraded 1000, 500, and 100-peso banknotes with new hi-tech security features to combat counterfeiting. During the Estrada Administration, the practice in use since the Commonwealth, of reproducing the signature of the President of the Philippines over the legend "President of the Philippines" was abandoned in favor of explicitly stating the president's name. In 2002, the Bangko Sentral issued a new 200-peso banknote with the security features found on the upgraded 1000, 500, and 100-peso banknotes and has the face of former President Diosdado Macapagal. His daughter, Gloria Macapagal-Arroyo, is at the back of the 200-peso banknote which showed her being sworn into office at the EDSA Shrine. She is the first president whose image has been included in a banknote while in office since emergency currency was issued by various provincial currency boards during World War II.

The series was renamed the BSP Series in 1993 when the Bangko Sentral ng Pilipinas was reestablished as the central monetary authority. These banknotes remains legal tender until 2013.

The New Design Series has less security features. (only the visible fibers, value panel, security thread and watermark.)

The BSP Series has added more security features such as another glossy security thread, iridescent strip, fluorescent printing, optically variable ink, and microprints.

5 Five pesos note

Philippine 5 Piso bill

The 5 pesos note depicts Emilio Aguinaldo, a Philippine resistance hero who first fought the Spanish, and later the American occupiers of the country. He was President of the First Republic of the Philippines from 1899-1901. On the reverse you can see the proclamation of Philippine independence, from the balcony of Aguinaldo's house on June 12, 1898.

Note: You won't find this note in circulation, as it has been replaced by 5 peso coin.

Very Good Very Fine Uncirculated

VG VF Unc
a.Sign. F. Marcos & J. Fernandez. Black serial#. FV $0.65 $2.00
b. Sign. C. Aquino & J. Fernandez Black serial#. FV FV 1.50
c. Sign. as b. Red serial # (1990). FV FV 1.00
d.Sign. C. Aquino & J. Cuisia Jr. Red serial #. FV FV 1.00
e. Sign. M. Ramos & J. Cuisia Jr. Red serial #. FV FV 0.75
f. Sign. as b. Uncut sheet of 4. - - 30.00
g. Sign as d. Uncut sheet of 4. - - 30.00
h. Sign as e. Uncut sheet of 4. - - 15.00
s1. Sign as b. Specimen. - - 15.00
s2. Sign as c. Specimen - - 15.00
s3. Sign as d. Specimen - - 20.00

10 Ten pesos note

Philippine 10 Piso bill

The 10 peso note depicts Apolinario Mabini and Andres Bonifacio. Bonifacio was the founder of the Katipunan, a secret society established to fight the Spanish. Mabini was the Philippines first Prime Minister and Secretary of Foreign Affairs even though he was a handicap. On the reverse is the church of Barasoain, the site of the first Philippine Congress and where the Malolos Constitution was drafted.

Note: You won't find this note in circulation, as it has been replaced by 10 peso coin.

VG VF Unc
a.Sign. F. Marcos & J. Fernandez. FV $1.00 $4.00
b. Sign. C. Aquino & J. Fernandez FV FV 1.75
c.Sign. C. Aquino & J. Cuisia Jr. Black serial #. FV FV 2.00
d. Sign. c. R. Red serial #. FV FV 2.50
e. Sign. M. Ramos & J. Cuisia Jr. - - 2.50
f. Sign as b. Uncut sheet of 4. - - 38.50
g. Sign as b. Uncut sheet of 32. - - -
s. Sign as b. Specimen. - - 25.00

20 Twenty pesos note

Philippine 20 Piso bill

The 20 peso note depicts Manuel L. Quezon, first president of the Commonwealth of the Philippines. Along the right side of the bill are the coat-of-arms of the Commonwealth, and two of Quezon's notable accomplishments. The reverse side of the 20-Piso bill depicts Malacañan Palace, more popularly known as Malacañang Palace, the residence of the President of the Philippines, along the banks of the Pasig River. Quezon was the first Philippine president to live in the Palace.

VG VF Unc
a.Sign. F. Marcos & J. Fernandez. Black serial#. FV $2.00 $8.00
b. Sign. C. Aquino & J. Fernandez Black serial#. FV 1.00 4.00
c. Sign C. Aquino & J. Cuisia Jr. Black serial#. FV FV 3.00
d. Sign. as b. Red serial #. F V 1.00 5.00
e. Sign. M. Ramos & J. Cuisia Jr. Red serial #. FV FV 1.35
f. Sign. M. Ramos & J. Cuisia Jr. Black serial#. - 2.00 8.00
g. Sign as b. Uncut sheet of 4. - - 45.00
s. Sign as b. Specimen. - - 35.00

50 Fifty pesos note

Philippine 50 Piso bill

This 50 note depicted on the front is Sergio Osmeña, the second president of the Commonwealth of the Philippines. He served as president from 1944, after Quezon's death, to 1946, when the United States granted the Philippines' independence. On the Reverse of the bill is The National Museum. This building used to be the Legislative Building, where the House of Representatives that Osmena presided over as Speaker from 1907-1922.

VG VF Unc
a. Sign. C. Aquino & J. Fernandez Black serial#. FV 1.00 5.00
b. Sign C. Aquino & J. Cuisia Jr. Black serial#. FV 1.00 4.50
c. Sign. M. Ramos & J. Cuisia Jr. Black serial #. FV FV 4.00
s1. Sign. as a. Specimen. - - 75.00
s2. Sign as b. Specimen. - - 65.00
s3. Sign as b. Uncut sheet of 4. Specimen. - - 30.00
s4. Sign as c. Specimen. - - 65.00

100 One Hundred pesos note

Philippine 100 Piso bill

The 100 note front side of the bill features Manuel Roxas, the first president of the independent Philippine Republic. This independence is shown at the right side where the Philippine flag was raised. The reverse side of the bill depicts the Manila compound of the Central Bank of the Philippines.

VG VF Unc
a. Sign. C. Aquino & J. Fernandez. FV FV $9.00
b. Sign C. Aquino & J. Cuisia Jr. Black serial#. FV FV 9.00
c. Sign. as b. Red serial #. FV FV 10.00
d. Sign. M. Ramos & J. Cuisia Jr. Red serial #. FV FV 5.00
e. Sign. as d. Blue serial # FV FV 10.00

s1. Sign as a. Specimen. - - 15.00
s2. Sign as b. Specimen. - - 13.50
s3. Sign as c. Specimen. - - 15.00
s4. Sign as d. Specimen. - - 70.00

s5. Sign as d. Specimen. Uncut sheet of 4. - - 25.00
s6. Sign as b. Specimen. Uncut sheet of 4. - - 75.00
s7. Sign. as b. Specimen. Uncut sheet of 32. - - 200.00
s8. Sign as e. Specimen. Blue serial#. - - 75.00

200 Two Hundred pesos note

Philippine 200 Piso bill

This 200 note introduced in 2002, this bill depicts President Diosdado Macapagal, the father of the president, Gloria Macapagal Arroyo. The back side of the bill features a scene from EDSA II uprising, with Gloria Macapagal-Arroyo, being sworn in as president by Chief Justice in January 2001.

500 Five Hundred pesos note

Philippine 500 Piso bill

The front side of the 500-Piso bill features the portrait of Benigno Aquino, Jr. To the right of the bill, there are two popular quotes from Aquino: "Faith in our people and faith in God", and "The Filipino is worth dying for". The reverse side features a collage of various images in relation to Aquino. He was a journalist for the Manila Times, a senator, the mayor in his hometown of Concepcion, the governor of Tarlac, and was the main driving force behind the People Power Revolution of 1986, three years after his death.

VG VF Unc
a. Sign. C. Aquino & J. Fernandez. FV FV 45.00
b. Sign C. Aquino & J. Cuisia Jr. FV FV 40.00
c. Sign M. Ramos & J. Cuisia Jr. FV FV 30.00

s1. Sign. as a. Specimen. - - 90.00
s2. Sign as b. Specimen. - - 80.00
s3. Sign. as b. Specimen. Uncut sheet of 4. - - 90.00

1000 One Thousand pesos note

Philippine 1000 Piso bill

The front side of the 1000-Peso bill features the portraits of Jose Abad Santos, Vincent Lim, and Josefa Llanes Escoda. The three are considered heroes of the resistance against the Japanese Occupation of the Philippines during the world war II. On the reverse you can see the Banawe rice terraces and some tribal artifacts.

Note: This is the largest note in regular circulation for the Philippines. You shouldn't expect a street merchant or taxi driver to have change for it.

VG VF Unc
a. Sign C. Aquino & J. Cuisia Jr. FV FV 85.00
b. Sign M. Ramos & J. Cuisia Jr. FV FV 60.00