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09/18/2023

The Philippine Currency


Currency
the money that is used in a
particular country at a
particular time

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BSP Coin Series (1995-present)


Legal Tender
BSP has the sole power and
authority in the Philippines to
issue currency. All notes and
coins issued by the BSP are
guaranteed by the RP
Government, pursuant to Sec
52 of RA 7653, as amended by
RA 11211.

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New Generation Currency Coin Series

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The New Generation Currency

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The Enhanced New Generation


The New Generation Currency Currency

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eNGC Features eNGC Features


1. Feel 2. Look 3. Tilt 1. Feel 2. Look 3. Tilt

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1. Feel The Enhanced New Generation


Currency

Security Paper

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1. Security Paper The Enhanced New Generation


Philippine banknotes are made Currency
of 80 percent cotton-20 Embossed Prints
percent abaca banknote paper
characterized by high folding
endurance, tear resistance,
tensile strength, wet
strength, and bursting
strength.

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2. Embossed Prints The Enhanced New Generation


The embossed or raised print nature of
the ink deposition is the first and most
Currency
important line of defense against
counterfeiting. This can be felt over the
1. Words “REPUBLIKA NG
PILIPINAS”,
2. denominational value in text Tactile Marks
3. signatures, and
4. value panels particularly, the one
located at the lower right corner of
the obverse.

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3. Tactile Marks eNGC Features


To assist the elderly and visually 1. Feel 2. Look 3. Tilt
impaired in identifying banknote
value or denomination, pairs of
short horizontal bands are printed
in intaglio at the extreme right
and left sides of the note.

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2. Look The Enhanced New Generation


Currency
Watermark

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4. Watermark The Enhanced New Generation


Shadow image of the portrait with Currency
the highlighted denominational
value that is particularly seen
against the light from either side of
the blank space on the note.

Security Fiber

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5. Security Fiber The Enhanced New Generation


Visible red and blue fibers Currency
embedded on the paper and
randomly scattered on the face Asymmetric Serial
Number
and back of the note.

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6. Asymmetric Serial The Enhanced New Generation


Number Currency
Alphanumeric characters at the
lower left and upper right corners
of the note bearing one or two
prefix letters and six to seven
digits, with font increasing in size
and thickness.
See-through mark

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7. See-through mark eNGC Features


The pre-Hispanic script (Baybayin) 1. Feel 2. Look 3. Tilt
at the lower right corner of the
face of the note slightly above the
value panel. This is seen in
complete form only when the note
is viewed against the light. This
script means “PILIPINO.”

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3. Tilt The Enhanced New Generation


Currency

Security Thread

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8. Security Thread (Embedded) 8. Security Thread (Windowed)


An embedded thread that runs Stitch-like metallic thread on the
vertically across the width of 20- 100-, 200-, 500- and 1000-piso
and 50-peso notes when viewed notes which change color. These
against the light. threads adopt an indigenous
weave design and bear
alphanumeric denominational
value and “BSP” text in repeated
series.
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8. Security Thread (100-peso) 8. Security Thread (200-peso)


Adopted an indigenous textile Adopted an indigenous textile
design handcrafted in the Bicol design handcrafted in the Visayas
region with 3-D and holographic region with 3-D and holographic
features and color shifting from features and color shifting from
violet to bronze and vice versa. green to blue and vice versa.

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8. Security Thread (500-peso) 8. Security Thread (1000-peso)


Adopted weave design from Adopted T’nalak weave design
Southern Philippines with 3-D and with movement of design patterns,
holographic features and color and micro-optic features. Width of
shifting from gold to jade, and vice the thread has been increased
versa. from 4mm to 5mm.

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The Enhanced New Generation 9. Concealed Value


Currency The denominational value is
Concealed Value superimposed at the more
miniature version portrait at the
upper left portion of the note. This
becomes clearly visible when the
note is rotated 45 degrees and
slightly tilted.

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The Enhanced New Generation 10. Optically-variable ink


Currency For 1000-peso, the embossed
‘1,000’ denominational value at
the lower right corner of the face
of the note changes color from
green to magenta when viewed at
Optically-variable different angles.
ink

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10. Optically-variable ink The Enhanced New Generation


For a 500-peso bill, a mark with Currency
the stylized Philippine flag design
changes color from gold to green
when viewed at different angles,
and vice versa.

Optically-variable
device patch

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11. Optically-variable device patch 11. Enhanced Value Panel


For 1000-peso notes, this patch is The value panel at the upper left
a reflective foil, bearing the image corner of the 1,000-peso and 500-
of the South Sea pearl changes peso banknotes has been
color from red to green when the enhanced by adding a rolling-bar
note is rotated 90 degrees. effect when tilted from left to right
and vice versa.

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The 1,000-Peso Polymer Banknote Obverse Side


features two of the country’s
national symbols: the Philippine
Eagle (Pithecophaga jefferyi) as
its focal point, and the
Sampaguita (Jasminum sambac).

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Reverse Side Key Features


The reverse side retains images of
the Tubbataha Reefs Natural
Park, declared as a UNESCO
World Heritage Site, and the
South Sea Pearl

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Key Features 2 3
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4 Key Features
1. Polymer Substrate 6. Embossed Prints (Obverse) +
2. Enhanced Value Panel Philippine Eagle
7. Embossed Prints (Reverse)
3. Sampaguita Clear Window +
Philippine map, South Sea Pearl,
BSP Embossed Lines “Tubbataha Reefs Natural Park,”
4. Serial Numbers T’nalak weave design, denomination,
5. Tactile Dots and the "SANLIBONG PISO."

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Key Features 8 9 Key Features


8. Shadow Thread - denominational 9. Vertical Clear Window
value and “BSP” text appear in Metallic Features
repeated series. Dynamic Waves
9. Vertical Clear Window – filled RP Seal and Mirrored Denomination
with security feature BSP Logo and 3D Denomination

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Key Features Unfit Banknotes


9. Vertical Clear Window
Blue Iridescent Figure
Flying Eagle

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Unfit Banknotes Mutilated Banknotes


Soiled
Limped
With prominent writings/markings
With crumples or heavy fold
With stain
With faded print

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Mutilated Banknotes
With adhesives or staple wire
Charred or decayed
Splitting of substrate
With tear, hole or missing part

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References
https://www.bsp.gov.ph/Pages/MediaAndResearch/Publications
AndReports/regular_bsrevjul02.aspx
https://www.bsp.gov.ph/Media_And_Research/Publications/BS
10_A2.pdf
https://www.bsp.gov.ph/Coins%20and%20Notes/Educational%
20Campaign/Philippine%20Currency%20Guide.pdf
https://www.bsp.gov.ph/Media_and_Research/Primers%20Faq Video
s/banknotes.pdf
https://dictionary.cambridge.org/us/dictionary/english/currency
Clip

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