The Bangko Sentral ng Pilipinas (BSP) launched on Monday, January 18, the P5,000 Lapu-Lapu commemorative banknote and medal to celebrate the 500th anniversary of the Victory in Mactan.
The BSP, together with the National Quincentennial Committee, collaborated for the design of the banknote to celebrate the heroism of Lapu-Lapu and his warriors.
The bill and medal are for commemorative purposes only and cannot be used to buy items.
The banknote depicts a young Lapu-Lapu, an image of the Battle of Mactan, as well as the Karaoka or a large warship used by native Filipinos.
The reverse shows the Philippine eagle or the Manaol, which "symbolizes clear vision, freedom, and strength, and embodies the ancient Visayan belief that all living creatures originated from an eagle."
It also features Mindanao's Mount Apo, where the circumnavigators "found directional clues to their intended destination of Maluku or the Spice Island."
The reverse of the coin shows a rendition of the Battle of Mactan, which occurred on April 27, 1521.
Lapu-Lapu was a datu of Mactan, best known for defeating Portuguese explorer Ferdinand Magellan. – Rappler.com