Philippine one-peso note

The Philippine one-peso note (₱1) was a denomination of Philippine currency. On its final release, José Rizal was featured on the front side of the bill, while the Declaration of the Philippine Independence was featured on the reverse side.

One peso
(Philippines)
Value1 peso
Width160 mm
Height66 mm
Security featuresSecurity fibers, Watermark, Security thread
Material used90% cotton
10% linen
Years of printing1918–1973
Obverse
DesignJosé Rizal
Design date1969
Reverse
DesignDeclaration of Philippine independence
Design date1969

This banknote was circulated until the Central Bank stopped printing this currency in 1973. It was replaced by coins upon the introduction of the Ang Bagong Lipunan series.

History

Pre-independence

Independence
  • 1951: English series, Features the portrait of Apolinario Mabini, a political philosopher and revolutionary who wrote a constitutional plan for the first Philippine republic of 1899-1901, and served as its first prime minister in 1899. The reverse features the Barasoain Church, where the drafting of the Malolos Constitution and the inauguration of the First Philippine republic took place. The design elements of this bill will be later adopted for the ten peso bill upon the launch of the Pilipino series notes in 1969.
  • 1969: Pilipino series, José Rizal replaced the portrait of Mabini. The note is now predominantly blue in color. On the reverse, it now features the Declaration of the Philippine Independence.
  • 1973: The one peso bill was not included when the Ang Bagong Lipunan series was introduced. The banknote was later demonetized together with the English Series and the other Pilipino Series banknotes on February 28, 1974, pursuant to Presidential Decree No. 378.[1]
  • English series ₱1 note.
  • Pilipino series ₱1 note.

References
  1. Philippine Presidential Decree No. 378 Chan Robles (www.chanrobles.com). Retrieved on 2013-02-24.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.