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Central vignette depicts President Joseph E. Estrada taking his oath of office at Barasoain Church, Malolos, Bulacan, on June 30, 1998, rendered in intaglio style. The Bangko Sentral ng Pilipinas seal appears at right, with decorative guilloche underprint across the field. Bilingual inscriptions in Filipino are set above and below the central vignette, identifying the occasion and denomination. |
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Central vignette shows President Fidel V. Ramos waving a flag at the Aguinaldo Shrine in Kawit, Cavite, during the centennial celebration of Philippine independence on June 12, 1998. The Philippine Centennial commemorative logo appears at upper left, with guilloche underprint across the field. Inscriptions in Filipino and English identify the occasion, the denomination, and the centennial dates 1898–1998. |
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The 2000 Piso denomination was introduced specifically to mark the Philippine centennial of independence from Spain, declared 12 June 1898. It was not a regular circulating denomination — the Philippine monetary system had no prior 2000 Piso note — making this a commemorative insertion into the currency series rather than a practical replacement or upgrade of an existing value.
Printed entirely in-house at the BSP's Security Plant Complex, one of relatively few central bank security printers in Southeast Asia operating at full banknote production scale during that period. The P#189 watermark security is modest by late-1990s standards.