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New Design series
The New Design Series (NDS), also known as the BSP Series, was the name used to refer to the banknotes of the Philippine peso. They were conceptualized from 1983 to 1985, issued from 1985 to 2013, and circulated from 1985 to 2019. The coins of the series were minted and issued from 1995 to 2017, and remain legal tender as of 2025. It was succeeded by the New Generation Currency (NGC) Series. The series used the Friz Quadrata, Arial, Optima, and Helvetica typefaces.
When President Ferdinand Marcos' Martial Law was lifted in 1981, the central bank of the country, Bangko Sentral ng Pilipinas (BSP), started to print and mint a new series of Philippine peso banknotes and coins, adopting anti-counterfeiting features. On June 12, 1985, the BSP issued the New Design Series, beginning with the 5-peso banknote which had the face of Emilio Aguinaldo on the obverse side. The following month, the 10-peso banknote, with the face of Apolinario Mabini on the obverse side, was issued. On January 1986, a new 20-peso banknote was introduced.
Before the new 500-peso banknote, which featured Ninoy Aquino, was printed, the original proposed version was planned to feature Marcos. However, the People Power Revolution caused it to be replaced by the current 500-peso banknote.
Following the Philippines' new Constitution coming into effect in 1987, the 50, 100, and 500-peso banknotes, featuring Sergio Osmeña, Manuel Roxas, and Ninoy Aquino, were introduced. On December 16, 1991, the BSP issued a 1000-peso banknote, for the first time. It contained composite portraits of Jose Abad Santos, Josefa Llanes Escoda, and Vicente Lim, considered to be World War II heroes.
The 5- and 10-peso banknotes stopped production in June 1995 and July 2001, respectively, due to wear and tear caused by widespread usage. They were replaced by coin versions, though the banknotes remained the liability of the BSP until January 3, 2018. On May 2, 1997, the portrait of Andrés Bonifacio was added beside Apolinario Mabini on the 10-peso banknote. Elements of Katipunan were also included on the right side of the bill. The reverse design was likewise revised. The scene depicting the Katipuneros' blood compact, previously featured on the 5-peso banknote in the Pilipino and Ang Bagong Lipunan series, was added to the right side of the Barasoain Church. However, the watermark area continued to feature only Mabini, and the embedded security thread remained on the right side of the BSP governor's signature until 1998. As a result, banknotes with Bonifacio's image issued between 1997 and 1998 used the same paper originally intended for the 1985 version, which featured only Mabini.
Year of printing was implemented in the series starting with the second version of 10-peso banknote in 1997, followed by the rest of the series' denominations 20, 50, 100, 500, and 1,000 in 1998. The 5-peso banknote is the only one to not use year mark as it already stopped production at the said month of 1995 two years before it was implemented.
In 1998, the 100,000-peso Centennial banknote, measuring 8.5" x 14" and recognized by the Guinness World Records as the world's largest legal tender note, was issued in a limited quantity of 1,000 pieces to commemorate the Centennial of Philippine Independence. Alongside this, the 2,000-peso Centennial note, measuring 216 mm x 133 mm and bearing the signature of President Joseph Estrada, was launched on December 1, 1998. In 1999, the names of the signatories on banknotes were first included, beginning with those bearing the signature of Estrada. During the Estrada administration, the long-standing practice since the Commonwealth era, of reproducing the signature of the President of the Philippines above the legend "President of the Philippines," was discontinued. Instead, the president's full name was explicitly printed. Additionally, the names of the signatories were rendered in all capital letters, while their positions were printed in lowercase.
Meanwhile, in the late 1990s, color reproduction machines became commercially available and posed a significant threat to the integrity of the currency. As a result, in 2001, the BSP decided to enhance the security features of the 1,000-, 500-, and 100-peso banknotes (with the 500- and 100-peso notes bearing the signature of President Gloria Macapagal Arroyo), as well as the 200-peso note, which was issued on June 12, 2002. These enhancements included the incorporation of an iridescent band and a windowed security thread to combat counterfeiting using color copiers. On that same year, the name of the Old Legislative Building (Dating Gusali ng Batasan, with the name was located at the lower-left side) on the reverse side of the fifty-peso note was changed to the "National Museum" (Gusali ng Pambansang Museo) and the name was moved at the top of the building, to reflect the turnover made by the Congress of the Philippines to the National Museum. The name of the building's facade was changed from "Executive House" to "National Museum". Also, the serial number was moved at the top of the denomination that was located on the lower left side of the banknote.
New Design series
The New Design Series (NDS), also known as the BSP Series, was the name used to refer to the banknotes of the Philippine peso. They were conceptualized from 1983 to 1985, issued from 1985 to 2013, and circulated from 1985 to 2019. The coins of the series were minted and issued from 1995 to 2017, and remain legal tender as of 2025. It was succeeded by the New Generation Currency (NGC) Series. The series used the Friz Quadrata, Arial, Optima, and Helvetica typefaces.
When President Ferdinand Marcos' Martial Law was lifted in 1981, the central bank of the country, Bangko Sentral ng Pilipinas (BSP), started to print and mint a new series of Philippine peso banknotes and coins, adopting anti-counterfeiting features. On June 12, 1985, the BSP issued the New Design Series, beginning with the 5-peso banknote which had the face of Emilio Aguinaldo on the obverse side. The following month, the 10-peso banknote, with the face of Apolinario Mabini on the obverse side, was issued. On January 1986, a new 20-peso banknote was introduced.
Before the new 500-peso banknote, which featured Ninoy Aquino, was printed, the original proposed version was planned to feature Marcos. However, the People Power Revolution caused it to be replaced by the current 500-peso banknote.
Following the Philippines' new Constitution coming into effect in 1987, the 50, 100, and 500-peso banknotes, featuring Sergio Osmeña, Manuel Roxas, and Ninoy Aquino, were introduced. On December 16, 1991, the BSP issued a 1000-peso banknote, for the first time. It contained composite portraits of Jose Abad Santos, Josefa Llanes Escoda, and Vicente Lim, considered to be World War II heroes.
The 5- and 10-peso banknotes stopped production in June 1995 and July 2001, respectively, due to wear and tear caused by widespread usage. They were replaced by coin versions, though the banknotes remained the liability of the BSP until January 3, 2018. On May 2, 1997, the portrait of Andrés Bonifacio was added beside Apolinario Mabini on the 10-peso banknote. Elements of Katipunan were also included on the right side of the bill. The reverse design was likewise revised. The scene depicting the Katipuneros' blood compact, previously featured on the 5-peso banknote in the Pilipino and Ang Bagong Lipunan series, was added to the right side of the Barasoain Church. However, the watermark area continued to feature only Mabini, and the embedded security thread remained on the right side of the BSP governor's signature until 1998. As a result, banknotes with Bonifacio's image issued between 1997 and 1998 used the same paper originally intended for the 1985 version, which featured only Mabini.
Year of printing was implemented in the series starting with the second version of 10-peso banknote in 1997, followed by the rest of the series' denominations 20, 50, 100, 500, and 1,000 in 1998. The 5-peso banknote is the only one to not use year mark as it already stopped production at the said month of 1995 two years before it was implemented.
In 1998, the 100,000-peso Centennial banknote, measuring 8.5" x 14" and recognized by the Guinness World Records as the world's largest legal tender note, was issued in a limited quantity of 1,000 pieces to commemorate the Centennial of Philippine Independence. Alongside this, the 2,000-peso Centennial note, measuring 216 mm x 133 mm and bearing the signature of President Joseph Estrada, was launched on December 1, 1998. In 1999, the names of the signatories on banknotes were first included, beginning with those bearing the signature of Estrada. During the Estrada administration, the long-standing practice since the Commonwealth era, of reproducing the signature of the President of the Philippines above the legend "President of the Philippines," was discontinued. Instead, the president's full name was explicitly printed. Additionally, the names of the signatories were rendered in all capital letters, while their positions were printed in lowercase.
Meanwhile, in the late 1990s, color reproduction machines became commercially available and posed a significant threat to the integrity of the currency. As a result, in 2001, the BSP decided to enhance the security features of the 1,000-, 500-, and 100-peso banknotes (with the 500- and 100-peso notes bearing the signature of President Gloria Macapagal Arroyo), as well as the 200-peso note, which was issued on June 12, 2002. These enhancements included the incorporation of an iridescent band and a windowed security thread to combat counterfeiting using color copiers. On that same year, the name of the Old Legislative Building (Dating Gusali ng Batasan, with the name was located at the lower-left side) on the reverse side of the fifty-peso note was changed to the "National Museum" (Gusali ng Pambansang Museo) and the name was moved at the top of the building, to reflect the turnover made by the Congress of the Philippines to the National Museum. The name of the building's facade was changed from "Executive House" to "National Museum". Also, the serial number was moved at the top of the denomination that was located on the lower left side of the banknote.