demonetization
ARTICLE FINDER

BSP to demonetize commemorative coins from 1974 to 1994

May 18, 2018 - 3:00 PM

The central bank says the commemorative coins will remain legal tender (mode of payment) up to April 30, 2019

BSP releases new P5 coin to honor Andres Bonifacio

Nov 29, 2017 - 5:05 PM

The central bank will circulate the new coin on December 1 to commemorate the 154th birth anniversary of the father of the Philippine Revolution, while other newly designed coins will be circulated in January 2018

Peso bills with Duterte's signature out next week

Dec 14, 2016 - 8:10 PM

The Bangko Sentral ng Pilipinas also reminds the public that it only has until the end of this month to replace old banknotes with the New Generation Currency NGC bills

BSP warns public anew against fake PH bills

Dec 25, 2015 - 4:40 PM

BSP says the public should be extra vigilant as counterfeiters have a new modus operandi in faking peso bills

MODUS OPERANDI. Counterfeiters are pasting the extracted, genuine Windowed Security Thread on the counterfeit P500 and P1000 bills, thus the Bangko Sentral ng Pilipinas warns the public anew to be extra vigilant versus fake bills.

Exchange 'old' bills until December 2016 – BSP

Dec 21, 2015 - 4:37 PM

But starting January next year only New Generation Currency bills will be in circulation the Bangko Sentral ng Pilipinas says

REMINDERS. Bangko Central ng Pilipinas Deputy Governor Diwa Guinigundo urges the public to start exchanging their old banknotes in any authorized agent bank even if they are not depositors. By January 1, 2016, the New Denomination Series can no longer be used for daily transactions. File photo by Joel Leporada/Rappler

BSP: 'Old' PH peso bills valid until Dec 31

May 21, 2015 - 5:18 PM

From January 1 to December 31 2016 unused old banknotes would have to be exchanged in authorized banks and the BSP After that period these bills will have no monetary value

Bangko Central ng Pilipinas Deputy Governor, Diwa Guinigundo shows old and new banknote in a press conference at the Central Bank on Thursday. The old banknote will be demonetized by the end of the year 2015. Guinigundo urged the public to start exchange their old banknotes in any authorized agent bank even if they are not depositors. At 2016 any banknote series can no longer be used for daily transactions. Starting january 1, 2017 demonetized, no more value. Only the new banknote series will remain as legal tender in the country. Photo by Joel Leporada/Rappler