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Friday, December 17, 2010

The all new P20 Peso Bill


The all new P20 Peso Bill

Front: Younger-looking Manuel L. Quezon at the front and pictures of the declaration of Filipino as a national language, and the Barasoain Church in Malolos, Bulacan.
Back: Picture of the Banaue Rice Terraces can be found, alongside an animal related to that area, the Palm Civet or most commonly known as the Musang. Photo Source otepsblog


All bank notes will have a color almost similar to the ones used on the current bank notes—orange for P20, red for P50, bluish violet for P100, green for P200, black/gold for P500 and blue for P1,000.


The all new P50 Peso Bill


The all new P50 Peso Bill

Front: A younger-looking Sergio OsmeƱa and prints of the Leyte Landing and the First National Assembly on either side.

Back: Taal Lake and the Maliputo fish are featured. Photo Source otepsblog


All bank notes will have a color almost similar to the ones used on the current bank notes—orange for P20, red for P50, bluish violet for P100, green for P200, black/gold for P500 and blue for P1,000.


The all new Philippine P100 peso bill


The all new Philippine P100 peso bill


Front: Features a young President ManuelRoxas with pictures of the old BSP building in Intramuros, Manila, and the inauguration of the Second Republic.
Back: The world's perfect cone -Mayon Volcano in Albay and the whale shark (popularly known as butanding) can be found at the back of the new P100. source otepsblog


All bank notes will have a color almost similar to the ones used on the current bank notes—orange for P20, red for P50, bluish violet for P100, green for P200, black/gold for P500 and blue for P1,000.


The all new Philippine P200 peso bill


 The all new Philippine P200 peso bill
Front: Younger Diosdado Macapagal with photos of the Edsa People Power 2001 that elected her daughter, former President and now Rep. Gloria Arroyo of Pampanga, and the Independence House (former President Emilio Aguinaldo’s museum) in Kawit, Cavite.

Back: Sprawling Chocolate Hills in Bohol and the world's smallest primate the Philippine tarsier. Photo source otepsblog


All bank notes will have a color almost similar to the ones used on the current bank notes—orange for P20, red for P50, bluish violet for P100, green for P200, black/gold for P500 and blue for P1,000.


The all new Philippine P1,000 peso bill


The all new Philippine P1,000 peso bill


Front: A younger-looking picture of Jose Abad Santos, Vicente Lim and Josefa Llanes Escoda are printed, as well as photographs of the centennial celebration of Philippine independence and the Medal of Honor, which was awarded to each of the trio.
Back: Pictures of Tubbataha Reefs Natural Park and the South Sea pearl. Photo source otepsblog


All bank notes will have a color almost similar to the ones used on the current bank notes—orange for P20, red for P50, bluish violet for P100, green for P200, black/gold for P500 and blue for P1,000.


The New P500 peso Bill


This new face of P500 peso bill created a new record and history for Filipinos.

It is because the new P500 Peso Bill features 3 Aquinos. The front of the new P500 bill features former President Corazon Aquino, whose photo is placed beside her husband, Ninoy. PNOY, as the current Philippine president, is the one who signed the official bank note.  

The last time I checked, no other bank note all over the world has both parents and his son in the same bank note-PNOY



The New P500 Peso Bill


Front: Faces of the country’s two icons of democracy, former President Corazon “Cory” Aquino and former Sen. Benigno “Ninoy” Aquino Jr. It also feature pictures of the Edsa People Power 1 in 1986 and the Benigno Aquino monument on Ayala Avenue, Makati City. Photo source:otepsblogs

Back: Picture of the Subterranean Underground River in Puerto Princesa, Palawan and the Blue-Naped Parrot can be found.

President Aquino is presented with the new 500-peso bank notes, featuring the images of both his parents and bearing his signature as President (overlaid). (Photo by RICHARD VIƑAS) Source: http://mb.com.ph/
The design of the new P500 bill features the faces of President Cory Aquino and the late Sen. Ninoy Aquino. Jam Sisante Source: http://www.gmanews.tv

All the new bank notes will have a color almost similar to the ones used on the current bank notes—orange for P20, red for P50, bluish violet for P100, green for P200, black/gold for P500 and blue for P1,000.


NEW MONEY DESIGN FOR THE PHILIPPINES


NEW MONEY DESIGN FOR THE PHILIPPINES
President Aquino is presented with the new 500-peso bank notes, featuring the images of both his parents and bearing his signature as President (overlaid). (Photo by Richard ViƑas Source: http://mb.com.ph

Advance Happy New Year to everyone!

New Year means New Dear errr Money, for our beloved country! Yehey!

We have a new set of design for our money,  unveiled yesterday by no less than Pres. Pnoy Aquino and the BSP.

We have a total of six denominations; P20, P50, P100, P200, P500, and P1,000 bills which now have a new design. 

They were especially designed, and have an upgraded security features so the public would easily detect if the money is real or fake.


We still have 3 more years to use the old design before it would demonitized. So rock on!


New Money Features:
  • embossed prints
  • serial numbers
  • security fibers
  • threads
  • watermark
  • signature of President Benigno Aquino III
  • signature of the BSP governor
  • the word “Pilipino” written in "Baybayin", a pre-Spanish writing system both at the front and the back, The alibata—the country’s native alphabet—meanwhile, was printed on the lower right of the bank notes, slightly below the watermark print of the heroes’ or past presidents’ photographs.
  • Republic of the Philippines seal
  •  "woven cloth" design, which is different for each denomination.
  • The quotation, believed to be approved by various religious sects, states: “Pinagpala ang bayan na ang Diyos ay ang Panginoon ( Blessed is the nation whose Lord is God).” printed on the mid-upper right part of the new bank notes, just above the logos of the Philippine republic and the BSP.
  • monochromatic color schemes in some parts of the bank notes.
  • hygienically treated, making them less prone to sweat and dirt.
  • a map showing the country’s islands


The new P500 bill now features former President Corazon Aquino, whose photo is placed beside her husband, Ninoy.  It depicts a smiling Ninoy,  a far cry from his forlorn image in the current P500 bill. Photo source otepsblog


At the back of the new P 500 Bill is the Seven Wonder of Nature for 2010 Puerto Princesa Palawan Underground river



This makes 3 Aquinos in the new P500 Peso Bill because, PNOY, as the Philippine president, is the one who signed the official bank note. According to PNOY, "The last time I checked, no other bank note all over the world has both parents and his son in the same bank note." This new face of P500 peso bill created a new record and history for Filipinos.


All the new bank notes will have a color almost similar to the ones used on the current bank notes—orange for P20, red for P50, bluish violet for P100, green for P200, black/gold for P500 and blue for P1,000.
Photo source AAJAO of PEX


The winning bidder information source http://www.manilatimes.net


The winning bidder for the production of the bank notes was Oberthur Technologies. The contract cost 25.3 million euro, the BSP gives the firm until the middle of next year to deliver some 702 million pieces of new bank notes.

According to the source of  the BSP is slating to launch the bank notes this month, and will start circulating them next year.

Oberthur was also able to produce the bank notes only eight weeks after it received the new designs.

The BSP was further pleased with the cheap production cost of the new bank notes.

The P20 and P50 denominations will cost P1.50 each to produce; P100 at P2 each; and the P500 and P1,000 denominations at P3.50 each.


Sunday, December 12, 2010

Tips to identify fake notes in China


Before flying to China I heard that there are a lot of fake RMB 100 notes circulating in China. So I exchange my money only with the Bank of China to avoid getting counterfeit yuan notes.



Here are several tips for you to identify fake notes:

1. Paper quality

Take the bill and ruffle it in your hands.The long way up, in your hands and kind of ruffle it in your hands. The sound should be clear and distinct. In the fake ones, the sound is muffled and the paper seems crisp.

2. Water Mark

There are two things to see in the light. If you hold the bill up you will see on the left side in the white space, there is a clear picture of Chairman Mao's face. On the fake bills, the outline of his face is blurred.

3. Color Change

Below the white space, there is a green 100 (or 50 on the 50 bill, 20 on the 20 bill etc.) sign in the left corner. When looking flat at this sign, it is green. When the bill is tilted upwards, and you are looking at the sign from the bottom up the 100 turns brown. This is a real bill. But if when you tilt the bill upwards the symbol is only dark green, then this is a fake bill.

4. The Texture of the picture of Chairman Mao

Hold the bill in your hand and rub your thumb gently against the collar on the big picture of Chairman Mao. You will notice a difference in texture on his collar. You will only feel it if you rub gently. If the paper is completely smooth, without any texture, you are holding a counterfeit!


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