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500 Piso
| Issuer | Bangko Sentral ng Pilipinas |
|---|---|
| Year | 2024 |
| Type | Pattern or trial banknote |
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|---|---|
| Obverse lettering | REPUBLIKA NG PILIPINAS SA KAPAKANAN NG BAYAN NG BANGKO SENTRAL AT PINAMAHALAAN NG REPUBLIKA NG PILIPINAS ANG SALAPING ITO AY BAYAN NG DIYOS AY ANG PANGINOON CORAZON CAQUINO BENIGNO S AQUINO JR BENIGNO S AQUINO MONUMENT EDSA PEOPLE POWER I FEBRUARY 1986 LIMANDAANG PISO 500 |
| Reverse description | The reverse presents a yellow-gold toned cartographic underprint of the Palawan island group, over which a large intaglio vignette of the Blue-naped Parrot (Tanygnathus suluensis) is centrally positioned perched on a branch, with a smaller red parrot vignette visible at lower left. The inscription Puerto Princesa Subterranean River National Park is rendered in a cursive script across the upper field, and the denomination LIMANDAANG PISO appears at lower right; a latent-image numeral 500 runs vertically along the right margin within a finely detailed guilloche border. |
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| Comments |
The 2024 date places this squarely within the BSP's ongoing New Generation Currency series refresh, a program that began in earnest around 2010 and has seen incremental security upgrades across denominations rather than wholesale redesigns. The 500-piso denomination has historically been one of the most counterfeited in the Philippine series, which drove earlier iterations toward more aggressive optically variable features well before this printing.
Cotton substrate continued despite periodic BSP evaluations of polymer alternatives — the Philippines trialed polymer on lower denominations but never committed to it for the higher-value notes in this series.