First Philippine polymer banknote series unveiled
President Ferdinand R. Marcos Jr. received the "First Philippine Polymer Banknote Series" from BSP Governor Eli Remolona Jr. at Malacañang on Thursday, 19 December 2024. The series, which includes 1,000-, 500-, 100-, and 50-piso denominations, highlights the Philippines' biodiversity and cultural heritage with designs featuring native species and traditional weaves. Polymer banknotes, known for their durability, cleanliness, and advanced security features, will circulate alongside paper banknotes starting in January 2025. Initially available at banks, the 500- and 100-piso denominations will later be accessible via ATMs. The polymer series symbolizes national pride and raises awareness about the country's endangered species.
Yummie Dingding / PPA Pool
President Ferdinand R. Marcos Jr. receives the "First Philippine Polymer Banknote Series" from BSP Governor Eli Remolona Jr.
Yummie Dingding / PPA Pool
Yummie Dingding / PPA Pool
Yummie Dingding / PPA Pool
President Ferdinand Marcos Jr. (center) with BSP Governor Eli Remolona Jr. and BSP officials.
Yummie Dingding / PPA Pool
The 500-piso polymer banknote features the critically endangered Visayan spotted deer, symbolizing clarity and sharpness, alongside the endemic Acanthephippium mantinianum orchid, showcasing the Philippines' rich biodiversity.
Yummie Dingding / PPA Pool