Look at the new color of the P100 bill

Can you tell the difference?


(SPOT.ph) The Bangko Sentral ng Pilipinas (BSP) will start the circulation of new P100 bills in January 1, 2016 due to complaints that it looks very similar to the P1,000 bill, according to a report by ABS-CBN. Old P100 bills will not be demonetized. The change will only be in the color—the new P100 bill will have a darker, more vibrant shade of purple, with a less bluish hue, to differentiate it from P1,000 bills.


The upper P100 bill has the old color while the lower bill has the new one.


Some people also complain about the seemingly close colors of the P50 and P20 bills. However, BSP Deputy Governor Diwa Guinigundo said there will no longer be any changes in other denominations. He advised the public to instead be more careful with monetary transactions.



The BSP also reminded the public to spend peso bills with the old design as these will no longer be accepted for buying goods and paying for services by January 1, 2016, but these may still be exchanged for new bills at banks and BSP offices until the end of 2016. The demonetization process for the old peso bills started on January 1, 2015.



Photo from Philstar.com

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