Five Hundred Peso Banknote
New Generation Series
New Generation Series
Obverse: Icons of Democracy - President Corazon C. Aquino, Senator Benigno Aquino Jr. ; EDSA People Power I February 1986; Benigno S. Aquino, Jr. Monument; Seal of the President; New BSP Seal
Reverse: Puerto Princesa Subterranean River National Park (UNESCO World Heritage Site); Blue-naped Parrot (Tanygnathus lucionensis), woven cloth from Southern Philippines
Security Features: (1) embossed prints, (2) serial number, (3) security fibers, (4) watermark, (5) see-through mark, (6) concealed value, (7) security thread, (8) optically variable device
Icons of Democracy
President Corazon C. Aquino (25 January 1933 - 1 August 2009), the 11th President of the Philippines, is the first woman head of state. She assumed office following the historic non-violent People Power Revolution that toppled a dictatorship. Her major accomplishments were the restoration of democracy and the crafting of a new Constitution that limited presidential powers, established a bicameral legislature, and gave strong emphasis to civil liberties and human rights. She was married to former Senator Benigno Aquino, Jr.
Senator Benigno Aquino Jr. (27 November 1932 - 21 August 1983), stood against President Ferdinand Marcos who had declared martial law. His seven-year imprisonment under the dictatorship and assassination upon his return from exile galvanized the Filipinos to unite and oppose the dictatorship. This culminated in the peaceful People Power Revolution. The bronze memorial is in his honor in Makati City is a popular venue for holding mass movements.
The funeral processions of both President Corazon Aquino and Senator Benigno Aquino were an outpouring of national grief. Millions of people stayed on the roads for hours to pay their respects and to express their deep gratitude to the couple who dedicated their lives for the country and the Filipinos. On 30 June 2010, their only son Benigno S. Aquino III became the country's 15th President.
The eight-kilometer Puerto Princesa Subterranean River National Park in Palawan winds through a cave that has major formations of staltactites and stalagmites that fascinate and mesmerize. Declared as a UNESCO World Heritage Site, the pleace has a full mountain-to-the-sea ecosystem that is also home to rare animals such as the Philippine cockatoo and the Palawan mouse deer.
The rare Blue-naped Parrot thrives in the lush forests of Palawan and Mindoro. Parrots are known to be friendly, gentle, and intelligent.