BSP’s 1000-Piso polymer banknote wins Banknote of the Year Award
The Philippine Eagle, one of the rarest and most powerful birds of prey in the world, is featured on the new 1000-Piso polymer banknote to highlight the importance of the preservation of this endangered species.
The 1000-Piso polymer banknote of the Bangko Sentral ng Pilipinas (BSP) won the International Banknote Society’s (IBNS) “Banknote of the Year Award” for 2022.
The 1000-Piso polymer is the first Philippine banknote to win the award. It won over banknote finalists from Algeria, Barbados, Egypt, Northern Ireland, and Scotland.
In announcing the award, the IBNS said: “The Philippines’ successful design in eye-pleasing blue combines an endangered species with an environmental motif.”
IBNS is a global non-profit organization that recognizes exceptional banknotes issued each year on the basis of artistic merits, such as design and use of colors, as well as high-quality security features[1].
The obverse side of the 1000-Piso polymer banknote showcases the Philippine Eagle, which symbolizes the Filipino people’s uniqueness, strength, power, love for freedom, and sharp vision. It also features the national flower, Sampaguita, which represents purity, simplicity, humility, and strength.
Its reverse side, meanwhile, showcases the Tubbataha Reefs Natural Park, a United Nations Educational, Scientific and Cultural Organization World Heritage Site; the T’nalak weave design of the T’boli people; and the South Sea Pearl.
The BSP began circulating the award-winning banknote in April 2022. It was printed by Note Printing Australia, a wholly-owned subsidiary of the Reserve Bank of Australia, Australia’s central bank.
For more information on the 1000-Piso polymer banknote, visit https://www.bsp.gov.ph/SitePages/CoinsAndNotes/PolymerBanknote.aspx
Comments (0)
LEAVE A REPLY
No comments yet
Be the first to share your thoughts!
Related Articles
Barotac Viejo opens first OTOP Hub in Iloilo district
BAROTAC VIEJO, Iloilo — The Department of Trade and Industry’s Iloilo Provincial Office and the Barotac Viejo municipal government launched a One Town, One Product Hub on Aug. 11. Mayor Nielo “Bongbong” C. Tupas and DTI Iloilo officer in charge and Provincial Director Ma. Dorita D. Chavez signed a memorandum of agreement formally opening the
Leading Through Uncertainty
In my previous article, I wrote about a Japanese philosophy that has guided my thinking: “Kiki no toki ni kaeru no dewa nai. Tsuyoi toki ni kaeru.” — “Do not change when you are in crisis. Change when you are strong.” But what happens when the world itself becomes uncertain? What should leaders do
DOLE Western Visayas tackles workplace concerns at Iloilo forum
ILOILO CITY — Questions about working conditions and employment terms took center stage at the Industrial Peace and Workplace Cooperation Conference held Aug. 5-6 at Richmonde Hotel Iloilo. The concerns and recommendations gathered during the conference will help the Department of Labor and Employment improve its labor policies and programs. Organized by DOLE Regional Office