According to an article in mb.com.ph dated 20 September 2010, the Bangko Sentral ng Pilipinas (BSP) is considering circulating or shredding five million 2,000-peso notes (BNP1004a) currently stored in its vaults. These unissued “New Millennium” notes are more commonly known at the BSP as “Erap” notes because theRead More…

Over the past year, several Philippine banknotes have been issued bearing the letter A after the year. We recently received the following explanation from a source at Bangko Sentral ng Pilipinas: “The serial number on Philippine banknotes consists of two (2) alpha and six numerics per denomination. The total numberRead More…

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,Read More…