Planning a trip to the Philippines? Wondering about the local currency and how to manage your money? The official currency, the Philippine Peso (PHP), comes in various banknote denominations. Understanding the different types of peso notes is key to smart spending and a smooth trip!
This guide will walk you through everything you need to know about 20, 50, 100, 200, 500, and 1000 peso bills. Discover the historical figures and symbols on each note, plus essential travel tips to help you navigate transactions like a pro.
What Kinds of Philippine Peso Banknotes Are There?
Currently, there are six different denominations of Philippine Peso banknotes in circulation: 20, 50, 100, 200, 500, and 1000 pesos. Each note is a miniature museum, featuring prominent historical figures, iconic landmarks, and the stunning natural beauty of the Philippines.
A Closer Look at Philippine Peso Banknotes
1. 20 Peso (Twenty-Piso)
One of the lowest denominations, the 20 peso note features the portrait of Manuel L. Quezon, the second President of the Philippines. He played a crucial role in the country's quest for independence and is highly revered. The reverse side depicts the Banaue Rice Terraces, a UNESCO World Heritage site, and the Palm Civet, showcasing the Philippines' beautiful landscapes and unique wildlife. This note is handy for small purchases or public transportation.
2. 50 Peso (Fifty-Piso)
The 50 peso banknote features Sergio Osmeña, the first President of the Commonwealth of the Philippines. He contributed significantly to the nation's economic development and democracy. The back of the note displays Taal Lake and the Maliputo (Giant Trevally), symbolizing the country's rich aquatic resources.
3. 100 Peso (One-Hundred-Piso)
The 100 peso note showcases Manuel A. Roxas, the first President of the independent Third Philippine Republic. He was instrumental in the reconstruction of the Philippines after World War II. The reverse side highlights Mayon Volcano, known for its perfect cone shape, and the Whale Shark, one of the world's largest fish species found in Philippine waters. You'll often use this for tourist attractions or shopping.
4. 200 Peso (Two-Hundred-Piso)
While less common than other denominations, the 200 peso note commemorates important historical moments. Its obverse features Diosdado Macapagal, the ninth President of the Philippines, who fought for the country's freedom during World War II. The reverse displays the unique Chocolate Hills of Bohol and the Philippine Tarsier, one of the smallest primates in the world, representing the Philippines' distinctive natural environment.
5. 500 Peso (Five-Hundred-Piso)
The 500 peso note honors national heroes Benigno Aquino Jr., a prominent opposition leader martyred for democracy, and his wife, Corazon Aquino, who became the first female president of the Philippines. This banknote holds deep significance for Filipinos. The reverse side features the Puerto Princesa Subterranean River National Park, a UNESCO World Heritage Site, and the Blue-naped Parrot. This denomination is widely used for larger purchases, hotel stays, and restaurant bills.
6. 1000 Peso (One-Thousand-Piso)
The highest denomination in the Philippines, the 1000 peso note, features the portraits of three heroes of World War II who resisted Japanese occupation: Jose Abad Santos, Vicente Lim, and Josefa Llanes Escoda. They symbolize the strong spirit of Filipino resistance. The reverse side displays the Tubbataha Reefs Natural Park, another UNESCO World Heritage Site, and the South Sea Pearl, highlighting the Philippines' stunning marine biodiversity. You'll typically use this for major payments or when exchanging currency.
Philippine Peso Banknotes: Essential Tips for Travelers!
- Carry Small Denominations: Tipping is common in the Philippines, and small shops or taxis often don't have exact change. It's super convenient to have plenty of 20, 50, and 100 peso notes on hand.
- Check Note Condition: Some establishments might refuse torn or heavily damaged banknotes. Always check the condition of your bills when you get them from an exchange or ATM.
- Be Mindful with Large Bills: Using 500 or 1000 peso notes at small vendors might be tricky due to a lack of change. It's better to use them at larger supermarkets, department stores, or hotels.
- Credit Card Usage: While credit cards are accepted in major cities at large malls, hotels, and upscale restaurants, many places still operate on a cash-only basis, especially outside urban centers. It’s wise to always carry enough cash.
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