Monday, January 3, 2011

Change...





So what's new with these banknotes?

* More realistic portraits of former Philippine presidents and heroes
* Tourist destinations and notable animals found in the country on the reverse
* New BSP logo and Republic of the Philippines Seal
* New euro-like design with large numbers for easy identification.
* Security features are spruced most noticeably the serial numbers which some might find weird and the security thread which is wider. A foil-like optically variable device is found in the new 500 and 1,000 peso bills.
The paper used is "hygienically treated" or has anti-bacterial properties.

What's the same?

* Color schemes were maintained except for the 20 peso bill which I think has a different tone of orange.
* The size of all banknotes appear to have been maintained.
* The same paper made of abaca-cotton. The BSP considered plastic/polymer before but they might have foreseen some problems with that especially with the way Filipinos crumple, fold, crease, and roll money.

Expect the new 20 and 50 peso bills next week in time for the Christmas! The rest will probably follow next year. Don't worry, the old designs will still be valid for the next three years.

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