The Bangko Sentral ng Pilipinas or BSP has unveiled the new designs of the Philippine peso bill — 20, 50, 100, 200, 500 and 1,000.
Here are the pictures or photos of the new bills:
The old peso bills can still be used for the next 3 to 4 years. One of the reasons for the new bills is to make it more difficult for counterfeiters as they have already almost perfected the current bills. Design Systemat and Studio 5 reportedly designed the new bills.