Catalog
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| Issuer | Bangko Sentral ng Pilipinas |
|---|---|
| Year | 1978-1985 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Giesecke+Devrient (Giesecke & Devrient), Leipzig, Germany (1852-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Portrait watermark of Manuel A. Roxas |
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| Comments |
The "Ang Bagong Lipunan" — New Society — series was the paper currency of Marcos's authoritarian program declared following his 1972 proclamation of martial law. This note circulated across a period when the Philippine peso was under sustained devaluation pressure, particularly after the second oil shock of 1979 pushed the country's import-dependent economy into serious debt trouble.
Three signature combinations span the issue window, tracking successive Bangko Sentral governors under a presidency that never changed — Licaros, then Laya, then Fernandez. Fernandez was in the chair when the Marcos government collapsed in February 1986, making notes bearing his signature the terminal issue of the series.