Philippines new color 100-peso note introduced 01.02.2016
Feb 23, 2016 01:18 PM Category: East and Southeast Asia
According to a press release dated 29 January 2016, "The Bangko Sentral ng Pilipinas (BSP) is issuing 100-Piso banknotes with stronger mauve or violet color starting Monday, 01 February 2016, to make it more distinct from the 1000-Piso banknote. This is in response to suggestions from the public to make it easier to distinguish from the 1000-Piso banknote [P211].
Compared with the current color of the 100-Piso banknote in circulation [P208], the new 100-Piso banknote will have stronger mauve or violet color on the obverse and reverse sides. All the other features of the said banknote will remain the same.
The current 100-Piso banknotes can still be used for daily transactions for payment of goods and services and will commingle with the new 100-Piso banknotes with stronger mauve or violet color until supplies of the first version last. Henceforth, the BSP will be printing the 100-Piso with stronger mauve or violet color.
Only the old banknote series (New Design Series, NDS)[P193 - P197], launched in 1985, will no longer be acceptable in daily transactions for payment of goods and services and can only be exchanged for New Generation Currency (NGC) banknotes with authorized agent banks and the BSP until 31 December 2016."
Courtesy of Sing Chia Tan ().