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Philippine one thousand-peso note

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Philippine one thousand-peso note

The Philippine one thousand-peso note (Filipino: Sanlibong Piso) (₱1000; PHP1000) is a denomination of Philippine currency. It is the largest denomination in general circulation in the Philippines. It was the only Philippine peso denomination that had a polymer banknote version until December 23, 2024, when the Philippines began to issue polymer banknotes in other denominations.

The cotton-abaca version, features José Abad Santos, Vicente Lim, and Josefa Llanes Escoda on the front side of the notes, while the Tubbataha Reefs Natural Park and the South Sea pearl are featured on the back side of the note.

The polymer version, first issued in April 2022 features the Philippine eagle on its obverse side while its reverse side has similar design elements with the cotton-abacá version.

Due to hyperinflation caused by the ongoing event of World War II, the Japanese were forced to issue higher denominations of their fiat peso. The banknotes ceased becoming legal tender after the liberation.

The Bangko Sentral ng Pilipinas introduced the one thousand peso denomination in December 1991 during the presidency of Corazon Aquino and tenure of BSP Governor Jose L. Cuisia Jr. The note features the portraits of former Chief Justice José Abad Santos; Josefa Llanes Escoda, civic worker and one of the founders of the Girl Scouts of the Philippines; and Vicente Lim, a general in the Philippine Army who was the first Filipino graduate of West Point. The three are considered heroes of the resistance against the Japanese occupation of the Philippines. The obverse also features the eternal flame at the Libingan ng mga Bayani and laurel wreath. The note is predominantly blue in color. The reverse features the Banaue Rice Terraces, Manunggul Jar cover, and Langgal (a mosque), representing the three island groups of the Philippines (Luzon, Visayas, and Mindanao, respectively). This is also the only note for the series that uses optically variable ink. The banknote was designed by Romeo Mananquil.

After the creation of the Bangko Sentral ng Pilipinas, its new logo was incorporated on all the New Design series bills in 1993.

In 1998, the year of printing was added at the bottom of the denomination value located at the upper left corner of the obverse.

In 1999, the signature of the Philippine president was moved slightly to the left to accommodate the names of the signatories on the bills and added them starting with banknotes featuring the signature of President Joseph Estrada.

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