Philippine Cash Is About to Get "Tactile Marks"; Here's What That Means
The BSP released designs for "enhanced" banknotes.
(SPOT.ph) Believe it or not, it has been 10 years since the design for Philippine cash was updated. Anyone else feel like they were just changed? Well, it looks like you best get ready once again for new and improved banknotes. The Bangko Sentral ng Pilipinas has released "enhanced" versions of our banknotes, complete with added security features and more distict designs.
"These banknotes are equipped with the latest anti-counterfeiting technology and embedded with tactile marks that will make it easier for the elderly and persons with disabilities to differentiate each denomination," said Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno in a Business World report. The new designs are an enhancement of the the New Generation Currency banknote series currently in use, which was first issued in December 2010. Take a look at how each bill will change below:
We can't wait to see how the different Filipino weave designs will look like once we get the actual cash in our hands! Aside from that, the tactile marks are sure to make a huge helpful difference for the visually impaired. These horizontal bands located on the edge of each banknote—one pair for the P50 bill, two pairs for the P100 bill, three pairs for the P200 bill, 4 pairs for the P500 bill, and 5 pairs for the P1,000 bill—were placed specifically for folks to quickly recognize each denomination.
You might have noticed that there's no new design for the ever-handy P20 bill—well, that's because that denomination was shifted to coin status in December 2019.