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B1097 (PNL): 50 piso (pesos) (US$0.95) Red. Front: Filipino text; First National Assembly in 1907; Sergio Osmeña; US General Douglas MacArthur during Leyte Landing in 1944; seal of Philippine president; Bangko Sentral ng Pilipinas seal. Back: English and Filipino text; map; maliputo fish (Caranx ignobilis); Taal Lake; Batangas embroidery design.Read More…

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In August 2008, the central bank issued new “cheques,” which—due to political, financial, and social reasons—it claims are not banknotes even though they circulate like legal tender and do not require endorsement. They were introduced to replace the array of high-denomination promissory notes which private banks had been issuing toRead More…