Philippine Banknotes: 500 Piso New Generation Currency

2010 was when Bangko Sentral ng Pilipinas (BSP) rolled out the New Generation Currency (NGC) notes. 2007 was the year the new notes were conceptualized. It was to replace the New Design Series (NDS) notes that are in circulation since 1985. As of this date, BSP has stopped printing the New Design Series notes and will be completely demonetized by 2017.

The New Generation Currency notes feature the same heroes in the obverse. On the reverse, prominent, iconic, and historical places in the country, instead of events and buildings in the NDS notes. BSP was very keen in adding new security features never before seen in Philippine currency.

The color theme for each note remains the same from the NDS notes. Orange for the 20 Pesos, red for the 50, violet for the 100, green for 200, yellow for 500, and blue for the 1000 Pesos.

Featured here is the 500 piso New Generation Currency note.

500 Piso New Generation Currency note
OBVERSE
“REPUBLIKA NG PILIPINAS”
“ANG SALAPING ITO AY BAYARIN NG BANGKO SENTRAL AT PINANANAGUTAN NG REPIBLIKA NG PILIPINAS”
“PINAGPALA ANG BAYAN NA ANG DIYOS AY ANG PANGINOON”
(Lit. “Blessed is the nation whose God is the Lord”)
“LIMANDAANG PISO”

Logo:
Seal of The Republic of the Philippines
BSP Logo

Portrait:
BENIGNO S. AQUINO JR
CORAZON C. AQUINO

Other Images:
BENIGNO S. AQUINO MONUMENT
EDSA PEOPLE POWER I FEBRUARY 1986

500 Piso New Generation Currency note
REVERSE
“Puerto Princesa Subterranean River National Park”
“Blue-naped Parrot | Tanygnathus Lucionensis”
“LIMANDAANG PISO”

Featured Symbol of nature: Blue-naped Parrot

Lacework design origin: Southern Philippines

Outline of the Philippine map with a dot marking the location of Subterranean River

This banknote retains the yellow theme from the NDS 500 Piso note. Corazon “Cory”Aquino, the first woman President of the Philippines, and widow of Benigno “Ninoy” Aquino Jr., is now featured in this banknote together with Ninoy. In the NDS 500 Piso note, it was just Ninoy. People have been clamoring to have Cory’s image put on the 500 Piso note since her death in 2009.

Enjoy!

~ by MAV on September 20, 2015.