Philippine twenty peso bill
Encyclopedia
The Philippine twenty-peso bill (₱20) is a denomination
of Philippine currency
. Philippine president
Manuel L. Quezon
is currently featured on the front side of the bill, while the Banaue Rice Terraces
and the palm civet is featured on the reverse side.
Year of Microcredit
in 2005, the Bangko Sentral ng Pilipinas issued 10 million pieces of the 20 peso bill with an overprint of the official logo and the phrase "Sustainable Microfinance Services for the Filipino Entrepreneurial Poor" on the bottom.
are erroneously labelled as a UNESCO World Heritage Site on the new generation 20-peso bill. This despite a warning made to the designer by ICOMOS Philippines chairperson Augusto F. Villalon, one of the movers behind the inscription of the Rice Terraces of the Philippine Cordilleras
on the UNESCO World Heritage List. The Banaue Rice Terraces were not included in the UNESCO inscription Rice Terraces of the Philippine Cordilleras in 1995 due to the lack of integrity of the surrounding environment resulting from the numerous modern structures that had not been regulated by the local government.
Denomination (currency)
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. See also Redenomination.-Subunit and super unit:...
of Philippine currency
Philippine peso
The peso is the currency of the Philippines. It is subdivided into 100 centavos . Before 1967, the language used on the banknotes and coins was English and so "peso" was the name used...
. Philippine president
President of the Philippines
The President of the Philippines is the head of state and head of government of the Philippines. The president leads the executive branch of the Philippine government and is the commander-in-chief of the Armed Forces of the Philippines...
Manuel L. Quezon
Manuel L. Quezon
Manuel Luis Quezón y Molina served as president of the Commonwealth of the Philippines from 1935 to 1944. He was the first Filipino to head a government of the Philippines...
is currently featured on the front side of the bill, while the Banaue Rice Terraces
Banaue Rice Terraces
The Banaue Rice Terraces also called Payew, are 2000-year old terraces that were carved into the mountains of Ifugao in the Philippines by ancestors of the indigenous people. The Rice Terraces are commonly referred to by Filipinos as the "Eighth Wonder of the World". It is commonly thought that...
and the palm civet is featured on the reverse side.
Pre-independence history
- 1936: PNBPhilippine National BankThe Philippine National Bank is one of the largest banks in the Philippines, ranking fourth in terms of assets...
issued notes. - 1937: Philippine CommonwealthCommonwealth of the PhilippinesThe Commonwealth of the Philippines was a designation of the Philippines from 1935 to 1946 when the country was a commonwealth of the United States. The Commonwealth was created by the Tydings-McDuffie Act, which was passed by the U.S. Congress in 1934. When Manuel L...
issued treasury certificate. Features the portrait of the Mayon VolcanoMayon VolcanoMayon Volcano, also known as Mount Mayon, is an active volcano in the province of Albay, on the island of Luzon in the Philippines. Renowned as the "perfect cone" because of its almost symmetric conical shape, Mayon forms the northern boundary of Legazpi City, the largest city in terms of...
. This series were later overprinted with the word "VICTORY" on the reverse after the liberation of the Philippines under Japanese rule in 1944.
Post-independence history
Quezon first appeared on the twenty peso bill upon the release of the Pilipino series notes in 1969.- 1951: English series, Features the portraits of Andres BonifacioAndres BonifacioAndrés Bonifacio y de Castro was a Filipino nationalist and revolutionary. He was a founder and later Supremo of the Katipunan movement which sought the independence of the Philippines from Spanish colonial rule and started the Philippine Revolution...
and Emilio JacintoEmilio JacintoEmilio Jacinto y Dizon , was a Filipino revolutionary known as the Brains of the Katipunan.-Biography:Born in Trozo, Tondo, Manila. Jacinto was the son of Mariano Jacinto and Josefa Dizon...
, two important figures of the KatipunanKatipunanThe Katipunan was a Philippine revolutionary society founded by anti-Spanish Filipinos in Manila in 1892, whose primary aim was to gain independence from Spain through revolution. The society was initiated by Filipino patriots Andrés Bonifacio, Teodoro Plata, Ladislao Diwa, and others on the night...
movement during the Philippine revolutionPhilippine RevolutionThe Philippine Revolution , called the "Tagalog War" by the Spanish, was an armed military conflict between the people of the Philippines and the Spanish colonial authorities which resulted in the secession of the Philippine Islands from the Spanish Empire.The Philippine Revolution began in August...
, on the obverse. The reverse features the Kartilla ng Katipunan, and the Cry of Balintawak Monument. - 1969: Pilipino series, Manuel Quezon replaced the portraits of Bonifacio and Jacinto. The note is now predominantly orange in color. On the reverse, it now features the Malacañan PalaceMalacañang PalaceThe Malacañan Palace, commonly known simply as Malacañang, is the official residence and principal workplace of the President of the Philippines. Located at 1000 J. P. Laurel Street, San Miguel, Manila, the house was built in 1750 in Spanish Colonial style. It has been the residence of every...
. The design of the obverse was later revised, the font for the text Republika ng Pilipinas and Dalawampung Piso was changed, the color of the portrait of Quezon was changed from brown to orange and geometric lines were added on the sides and the watermark area of the bill. This design was later used when the Bagong Lipunan series was released in 1973. - 1972: Ang Bagong Lipunan series, The "Ang Bagong Lipunan" text was added and was overprinted on the watermark area.
- 1986: New design series, The bill was completely redesigned and new elements regarding Quezon's accomplishments were added on the right side, namely the establishment of Tagalog as the Philippine national language (Wikang Pambansa), the coat-of-arms of the Commonwealth and the approval of the 1935 Constitution (Saligang Batas 1935). The Malacañang Palace picture at the reverse was updated to reflect the renovations to the building itself.
- 1993: After the creation of the "Bangko Sentral ng Pilipinas", its new logo was incorporated on all the New Design series bills.
- 1998: The year of printing was added at the bottom of the denomination value located at the upper left corner of the obverse. The names of the signatories on the bills were later added starting with banknotes featuring the signature of President Joseph Estrada.
- 2010: New generation series, The portrait of Manuel Quezon was revised, the Malacañang Palace was moved from the reverse to the bottom center of the obverse. The reverse now features the Banaue Rice TerracesBanaue Rice TerracesThe Banaue Rice Terraces also called Payew, are 2000-year old terraces that were carved into the mountains of Ifugao in the Philippines by ancestors of the indigenous people. The Rice Terraces are commonly referred to by Filipinos as the "Eighth Wonder of the World". It is commonly thought that...
and the palm civet.
Commemorative issues
Throughout its existence, the twenty peso bill was often been overprinted to commemorate certain events, namely:International Year of Microcredit commemorative bill
On November 1, 2004, as part of the world launching of the United NationsUnited Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...
Year of Microcredit
International Year of Microcredit
International Year of Microcredit is a special event of the United Nations which took place in the year 2005. The event highlighted microfinance as an instrument for socioeconomic development.The year was launched on November 18, 2004.- Goals :...
in 2005, the Bangko Sentral ng Pilipinas issued 10 million pieces of the 20 peso bill with an overprint of the official logo and the phrase "Sustainable Microfinance Services for the Filipino Entrepreneurial Poor" on the bottom.
60 years of Central Banking commemorative bill
On July 9, 2009, the Bangko Sentral ng Pilipinas introduced 12 million banknotes (2 million banknotes for each denomination) with an overprint commemorating 60 years of central banking. The overprint appears on the watermark area on all six circulating denominations.Error on new 20-peso banknote
The Banaue Rice TerracesBanaue Rice Terraces
The Banaue Rice Terraces also called Payew, are 2000-year old terraces that were carved into the mountains of Ifugao in the Philippines by ancestors of the indigenous people. The Rice Terraces are commonly referred to by Filipinos as the "Eighth Wonder of the World". It is commonly thought that...
are erroneously labelled as a UNESCO World Heritage Site on the new generation 20-peso bill. This despite a warning made to the designer by ICOMOS Philippines chairperson Augusto F. Villalon, one of the movers behind the inscription of the Rice Terraces of the Philippine Cordilleras
Rice Terraces of the Philippine Cordilleras
The Rice Terraces of the Philippine Cordilleras were inscribed on the UNESCO World Heritage List in 1995. This inscription has five sites: the Batad Rice Terraces, Bangaan Rice Terraces , Mayoyao Rice Terraces , Hungduan Rice Terraces and Nagacadan Rice Terraces , all in the Ifugao Province, the...
on the UNESCO World Heritage List. The Banaue Rice Terraces were not included in the UNESCO inscription Rice Terraces of the Philippine Cordilleras in 1995 due to the lack of integrity of the surrounding environment resulting from the numerous modern structures that had not been regulated by the local government.