Philippines new note family reported for introduction in December 2010

According to an Inquirer Global Nation article dated 11 March 2010, former President Corazon Aquino and various tourist spots—including the underground river in Palawan—will be featured in the next generation of peso banknotes to be introduced in December 2010, according to OIC Central Bank Governor Diwa Guinigundo.

All denominations (20, 50, 100, 200, 500, and 1,000 pesos) are being redesigned, but their colors will remain the same. Guinigundo said new personalities will be added to some of the notes, and existing portraits will be updated, while the backgrounds and vignettes will be changed to include the country’s famous tourist spots. New and old notes will circulate in parallel for up to three years.

More information can be found in this BSP press release dated 26 March 2010.

Courtesy of Leszek Porowski.

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