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20 Piso 30th Anniversary of Bangko Sentral ng Pilipinas

Issuer Bangko Sentral ng Pilipinas
Year 2023
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Currency Piso (1967-date)
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Protection type Watermark
Protection description Portrait watermark of Manuel L. Quezon and electrotype numeral '20'
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Comments

The Bangko Sentral ng Pilipinas was established in 1993 under Republic Act 7653, replacing the Central Bank of the Philippines — which had accumulated debts so severe the government effectively had to start over. This commemorative note marks the 30th anniversary of that reconstitution, making 2023 the reference year. The abacá fiber component is a deliberate nod to the Philippines as the world's dominant source of that plant, long used in specialty paper and rope manufacturing.

Security features are notably thin for a commemorative issue — the watermark-only specification stands out given how heavily the BSP's regular polymer and paper series lean on multifeature protection.

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