Polymer banknotes

The Bangko Sentral ng Pilipinas unveils the ‘First Philippine Polymer Banknote Series’ composed of the 1000-piso polymer banknote, which was introduced in April 2022 as well as new polymer denominations: 500-, 100- and 50-piso. Showcasing the Philippines’ rich biodiversity and cultural heritage, the 1000-, 500-, 100-, and 50-piso denominations of the polymer series feature images of native and protected species in the country alongside traditional local weave designs. The new series will co-circulate alongside paper banknotes. Both polymer and paper banknotes can be used for payments.