Philippine one-peso note

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One peso
(Philippines)
Value1 peso
Width160 mm
Height66 mm
Security featuresSecurity fibers, Watermark, Security thread
Material used90% cotton
10% linen
Years of printing1918–1973
Obverse
PHP1 Pilipino series bill.jpg
DesignJosé Rizal
Design date1969
Reverse
P1 Pilipino series (Reverse).jpg
DesignDeclaration of Philippine independence
Design date1969

The Philippine one-peso note (₱1) was a denomination of Philippine currency. On its final release, José Rizal was featured on the front side of the bill, while the Declaration of the Philippine Independence was featured on the reverse side.

This banknote was circulated until the Central Bank stopped printing this currency in 1973. It was replaced by coins upon the introduction of the Ang Bagong Lipunan series.

History[]

Pre-independence[]

Independence[]

  • 1951: English series, Features the portrait of Apolinario Mabini, a political philosopher and revolutionary who wrote a constitutional plan for the first Philippine republic of 1899-1901, and served as its first prime minister in 1899. The reverse features the Barasoain Church, where the drafting of the Malolos Constitution and the inauguration of the First Philippine republic took place. The design elements of this bill will be later adopted for the ten peso bill upon the launch of the Pilipino series notes in 1969.
  • 1969: Pilipino series, José Rizal replaced the portrait of Mabini. The note is now predominantly blue in color. On the reverse, it now features the Declaration of the Philippine Independence.
  • 1973: The one peso bill was not included when the Ang Bagong Lipunan series was introduced. The banknote was later demonetized together with the English Series and the other Pilipino Series banknotes on February 28, 1974, pursuant to Presidential Decree No. 378.[2]

Version history[]

English Series
(1949–1969)
Pilipino Series
(1969–1973)
Obverse
P1 English series (Obverse).jpg
PHP1 Pilipino series bill.jpg
Reverse

Printing years[]

Banknote series Year President of the Philippines BSP Governor
English Series 1951–1953 Elpidio Quirino Miguel Cuaderno Sr.
English Series 1953–1957 Ramon Magsaysay Miguel Cuaderno Sr.
English Series 1957–1960 Carlos P. Garcia Miguel Cuaderno Sr.
English Series 1961 Carlos P. Garcia Andres V. Castillo
English Series 1961–1965 Diosdado P. Macapagal Andres V. Castillo
English Series 1970 Ferdinand E. Marcos Gregorio S. Licaros
Pilipino Series 1969–1970 Ferdinand E. Marcos Alfonso Calalang
Pilipino Series 1970–1973 Ferdinand E. Marcos Gregorio S. Licaros

References[]

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