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Sunday, November 24, 2024

20-piso coin finalist in currency awards

The 20-Piso New Generation Currency coin emerged as a finalist for the “Best New Coin or Series Category: Excellence in Currency 2022 Awards” of the International Association of Currency Affairs.

The Bangko Sentral ng Pilipinas (BSP) launched in 2019 the bi-color 20-Piso coin featuring Manuel Quezon, the first president of the Philippine Commonwealth, on the obverse side and the Malacañan Palace, BSP Logo and Nilad plant on the reverse side.

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IACA chose the finalists from 39 nominated projects initiated by teams from 20 central banks, three commercial banknote issuers, nine suppliers to banknote industry and one banknote distribution system organization.

Winners will be announced on Feb. 22, 2022.

Launched in 2007, IACA’s Excellence in Currency Awards advocates and recognizes excellence in production, processing, management and distribution of currency. In the 2021 Excellence in Currency Awards, the BSP’s Cash Servicing Initiative was awarded as Best Currency Initiative Implemented in Response to the COVID-19 Pandemic (Central Banks Category).

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