Since independence in 1946 there have been four series of banknotes issued by Bangko Sentral ng Pilipinas – formerly known as Central Bank of the Philippines.


• The first was the " English Series ", dating from 1951 and printed by Thomas De La Rue in London.


These examples were signed either by Presidents Quirino ( 1948 – 1953 ) or Macapagal ( 1961 – 1965 ) :-








• The second was the " Filipino Series ", dating from 1969.

These examples are all signed by President Marcos ( 1965 – 1986 ) ; from 1973 they were overprinted by the De La Rue plant with " Ang Bagong Lipunan " ( New Society ) :-








• The third was the " New Design Series ", dating from 1985.

These are the " old " banknotes, to be fully demonetized on January 1 2017. The public may continue to use them up to December 31 this year ( 2015 ). For 2016 they may be exchanged at banks for the " New Generation Currency " series.


While these notes will have no purchasing value after this year, good ( uncirculated ) examples are already worth more than face value to collectors, especially the P 500 " Ninoy Aquino " note.

These examples are signed by Presidents Corazon Aquino ( 1986 – 1992 ), Ramos ( 1992 – 1998 ), Macapagal-Arroyo ( 2001 – 2010 ), and Benigno Aquino ( 2010 to date ) :-

















• The fourth is the " New Generation Currency " Series, dating from 2010, in use now and to be used exclusively from 2016 :-