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

Series of 1918 Series of 1924 Series of 1929
Obverse and Reverse
  • 1944: Philippine commonwealth issues treasury certificates 1 peso bill word "VICTORY" at BACK
  • 1943: Japanese government 1 peso bill.
  • 1949: Philippine issued treasury certificates Victory Series Central Bank of the Philippines whoever now all today. "VICTORY, CENTRAL BANK OF THE PHILIPPINES" at back

Version history

Philippines
(1936-1941)
Victory Series No. 66
(1944)
Victory-CBP Banknote Series
(1949)
Obverse
Reverse

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.[2]

Version history

English Series
(1949–1969)
Pilipino Series
(1969–1973)
Obverse
Reverse

Printing years

Banknote series Year President of the Philippines BSP Governor
English Series 1951–1953 Elpidio QuirinoMiguel Cuaderno Sr.
1953–1957 Ramon Magsaysay
1957–1960 Carlos P. Garcia
1961Andres V. Castillo
1961–1965 Diosdado P. Macapagal
1970 Ferdinand E. MarcosGregorio S. Licaros
Pilipino Series 1969–1970Alfonso Calalang
1970–1973Gregorio S. Licaros

References

  1. "Value of 1941 Philippines One Peso Treasury Certificate | Antique Money". www.antiquemoney.com. Archived from the original on March 22, 2015.
  2. Philippine Presidential Decree No. 378 Chan Robles (www.chanrobles.com). Retrieved on February 24, 2013.
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