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20 Piso Central Banking

Issuer Bangko Sentral ng Pilipinas
Year 2009
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In circulation to 30 December 2017
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Obverse description At left centre, a front-facing bust vignette of Manuel Quezon is set against a multicolour guilloche underprint; a commemorative overprint marking the 60th anniversary of central banking in the Philippines (1949–2009) appears at left. The Bangko Sentral ng Pilipinas seal is positioned at centre right, with the national coat of arms at right.
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Reverse description The central vignette presents a detailed intaglio rendering of Malacañan Palace as viewed across the Pasig River, the colonial-era structure reflected in the water below. The denomination numeral 20 appears in orange at both left and right margins, with the legend DALAWAMPUNG PISO running across the lower portion and the inscription PALASYO NG MALAKANYANG placed to the lower right of the palace vignette.
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Comments

The Security Plant Complex at the BSP's Quezon City compound has handled domestic note production since 1978, making the Philippines one of relatively few developing nations to have brought currency printing fully in-house rather than contracting it to firms like De La Rue or the American Bank Note Company. Angel Cacnio has been the principal designer behind much of the modern Philippine series, giving the post-reform notes an unusual continuity of artistic direction across decades.

P#200 belongs to the New Design Series introduced after the BSP replaced the Central Bank of the Philippines following the 1993 charter reform. The security specification for this issue — watermark and thread only — is notably lean by the standards of contemporaneous regional issues.