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500 Piso

Issuer Bangko Sentral ng Pilipinas
Year 2023
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Size 160 × 66 mm
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Reverse description The reverse is dominated by a panoramic vignette of the Puerto Princesa Subterranean River National Park in Palawan, with a Blue-naped Parrot (Tanygnathus lucionensis) rendered in intaglio at centre. A traditional textile motif from the Southern Philippines appears at right, while an outline map of the Philippine archipelago is positioned at left.
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Protection type Watermark
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The abacá content in the paper stock is not incidental. The Philippines is the world's dominant supplier of abacá fiber — a relative of the banana plant cultivated primarily in Mindanao and the Eastern Visayas — and its inclusion in the substrate has been BSP policy since the New Generation Currency series launched in 2010, partly as a deliberate support mechanism for domestic agricultural producers. The Security Plant Complex in Quezon City has printed Philippine banknotes in-house since 1978, one of relatively few central banks in Southeast Asia to maintain full sovereign control over the entire production chain.