Philippine Peso Coins and Banknotes

Philippine Coins and Banknotes

The Philippine New Generation Currency Coin Series (Video)

Bangko Sentral ng Pilipinas released a video showing the full set of the New Generation Currency Coin Series with the 10-, 5-, and 1-Piso coins along with the 25-, 5-, and 1-sentimo coins.

The 10-Piso coin features Apolinario Mabini on the obverse and the kapa-kapa (Medinilla magnifica) plant on the reverse. It is also the first Philippine coin with a milled-edge lettering spelling out "Bangko Sentral ng Pilipinas."

The 5-Piso coin, previously released in November 2017, features Andres Bonifacio on the obverse and the tayabak (Strongylodon macrobotrys) plant.

The 1-piso coin, features Jose Rizal and the waling-waling (Vanda sanderiana) plant.

The sentimo coins all feature a stylized Philippine flag with 3 stars and a sun. Their design only differs in the reverse. The 25-sentimo coin displays the katmon (Dillena philippinensis) flower, the 5-sentimo coin the kapal-kapal baging (Hoya pubicalyx), and the 1-sentimo coin the mangkono (Xanthostemon verdugonianus).

Notably, the 10-sentimo coin seems to have been phased out. Also, all coins are now silver in appearance which is sure to spell some trouble in differentiating similarly-sized coins.

Bonifacio displaces Aguinaldo in new 5 peso coin

To honor Gat Andres Bonifacio, the founder of the Katipunan on his 120th death anniversary this November 30, the Bangko Sentral ng Pilipinas (BSP) released in advance the new 5 Piso coin, the first of its new Generation Currency Coins.

Notably, Bonifacio displaces Emilio Aguinaldo, the first Philippine president who is rumored to have ordered Bonifacio's execution and who once occupied the coin. Bonifacio previously appeared on the 10 peso coin alonside Apolinario Mabini, Aguinaldo's key adviser.

Just last week, BSP released limited edition 10 peso coins featuring General Antonio Luna for his 150th birth anniversary. In 2015, a popular film Heneral Luna, was critical of Aguinaldo and his cabinet.

Bonifacio last appeared on the 5 peso domination, albeit on a banknote, in the Bagong Lipunan Series. After that, he occupied the 2-peso coin and then the 10 peso banknote alongside Mabini when the 2 peso denomination was demonetized. After the 10 peso banknote was demonetized, Bonifacio appeared with Mabini on the current 10 peso coin.

5 Peso Coin - New Generation Currency

Five Piso Coin
New Generation Currency 

Obverse: Gat. Andres Bonifacio, "Republika ng Pilipinas", 5 Piso, year mark
Reverse: Tayabak (a Philippine endemic plant that climbs tall forest trees), logo of the Bankgo Sentral ng Pilipinas

Shape: round
Edge: plain (design bordered by 12-scallop)
Material: nickel, brass
Composition: 70% copper, 5.5% nickel, 24.5% zinc

Weight: 7.4 grams
25 mm

Release date: November 30, 2017 (Bonifacio's 120th death anniversary and his 154th birthday)

New color of 100 peso bill

Top: Original colors of 100 peso banknote. Bottom: New banknote with light purple (mauve) color.
Some of you might have already noticed new one hundred peso banknotes with a different shade of purple. Don't worry, it's not fake.

Last month the Bangko Sentral ng Pilipinas started issuing new 100 beso bills with a pale purple (mauve) color. This was to address complaints that the 100 peso notes looked very similar to the 1000 peso bills.

500 Peso Ferdinand Marcos Banknote (Unissued)

1985 Unissued Marcos 500 Piso

Front: Ferdinand E. Marcos, Republika ng Pilipinas
Back: San Juanico Bridge, Angat Dam, Batasan Complex, Limandaang Piso

This banknote was supposed to be issued along with the rest of the New Design Series in 1985. However due to political circumstances, this design was never released into circulation. The banknote's designer Romi MananQuil narrates the story in his website:

The 500-peso Marcos bill was slated for production in late 1985. However, when a snap election was scheduled. The circulation of the newly printed bills was put on hold in deference to the law against electioneering as Marcos, whose image appeared on the new bank note was the incumbent running against Corazon Aquino. My 500-peso Marcos bill was never circulated and with the events that proceeded: the snap elections, the disputed victory of Marcos, the success of People’s Power in February 1986 and the instatement of Aquino as President, it perhaps seemed fitting that any vestiges of the overthrown government were thrown off. President Corazon Aquino soon ordered the redesign of the bill to honour her husband, Senator Benigno “Ninoy” Aquino whose 1983 slaying became the catalyst for change and the new democracy’s rallying cry for the overthrow of Marcos. Though I was once again tasked with the redesign of the bill, my family’s move to Canda prevented me from taking on the assignment.