Philippine one thousand peso bill
Encyclopedia
The Philippine one thousand-peso bill (₱1000) is a denomination
of Philippine currency
. José Abad Santos
, Vicente Lim
, and Josefa Llanes Escoda
are currently featured on the front side of the bill, while the Tubbataha Reefs Natural Park
and the South Sea pearl
are featured on the reverse side.
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...
. José Abad Santos
José Abad Santos
In 1919, Abad Santos would become instrumental in laying the legal groundwork as well as drafting the by-laws and constitution of the Philippine Women's University, the country's and Asia's first private non-sectarian institution for higher learning for women...
, Vicente Lim
Vicente Lim
Brigadier General Vicente Lim was an Filipino General in the Philippine Army who served during the Second World War.-Early life:He was born in the town of Calamba, Laguna, on the 24th of February, 1888, the third of Jose Ayala Lim-Yaoco’s four children. His father was a full-blooded Chinese who...
, and Josefa Llanes Escoda
Josefa Llanes Escoda
Josefa Llanes Madamba Vd.ª De Escoda was a well-known Filipino advocate of women's right of suffrage and founder of the Girl Scouts of the Philippines.-Early life:...
are currently featured on the front side of the bill, while the Tubbataha Reefs Natural Park
Tubbataha Reef
Tubbataha Reef is an atoll coral reef located in the Sulu Sea of the Philippines. It is a marine sanctuary protected as Tubbataha Reef National Marine Park...
and the South Sea pearl
Pearl oyster
Pearl oysters are saltwater clams, marine bivalve molluscs of the genus Pinctada in the family Pteriidae. They have a strong inner shell layer composed of nacre, also known as "mother of pearl"....
are featured on the reverse side.
Pre-independence history
- 1944: Japanese government issued seriesJapanese government-issued Philippine fiat pesoDuring World War II in the Philippines, the occupying Japanese government issued fiat currency in several denominations; this is known as the Japanese government-issued Philippine fiat peso. The Japanese-sponsored Second Philippine Republic under Jose P...
, Due to hyperinflationHyperinflationIn economics, hyperinflation is inflation that is very high or out of control. While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies, in hyperinflationary conditions the general price level within a specific economy increases...
caused by the ongoing World War IIWorld War IIWorld War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, the Japanese was forced to issue higher denominations of their fiat peso. The banknotes ceased on becoming legal tender after the liberation.
Post-independence history
- 1991: New Design seriesNew Design seriesThe New Design Series was the name used to refer to Philippine banknotes issued from 1985 to 1993; it was then renamed into the BSP series due to the re-establishment of Bangko Sentral ng Pilipinas from 1993 to 2010. It was succeeded by the New Generation banknotes issued on December 16, 2010...
, The one thousand peso denomination was introduced by the Central Bank of the Philippines in December 1991.. The bill features the portrait of former Chief JusticeChief Justice of the PhilippinesThe Chief Justice of the Supreme Court of the Philippines presides over the Supreme Court of the Philippines and is the highest judicial officer of the government of the Philippines...
José Abad SantosJosé Abad SantosIn 1919, Abad Santos would become instrumental in laying the legal groundwork as well as drafting the by-laws and constitution of the Philippine Women's University, the country's and Asia's first private non-sectarian institution for higher learning for women...
; Josefa Llanes EscodaJosefa Llanes EscodaJosefa Llanes Madamba Vd.ª De Escoda was a well-known Filipino advocate of women's right of suffrage and founder of the Girl Scouts of the Philippines.-Early life:...
, civic worker and one of the founders of the Girl Scouts of the PhilippinesGirl Scouts of the PhilippinesThe Girl Scouts of the Philippines is the national Guiding association for girls and young women of the Philippines. Its mission is "to help girls and young women realize the ideals of womanhood and prepare themselves for their responsibilities in the home, and to the nation, and the world...
; and Vicente LimVicente LimBrigadier General Vicente Lim was an Filipino General in the Philippine Army who served during the Second World War.-Early life:He was born in the town of Calamba, Laguna, on the 24th of February, 1888, the third of Jose Ayala Lim-Yaoco’s four children. His father was a full-blooded Chinese who...
, a general in the Philippine Army, first Filipino graduate of West PointUnited States Military AcademyThe United States Military Academy at West Point is a four-year coeducational federal service academy located at West Point, New York. The academy sits on scenic high ground overlooking the Hudson River, north of New York City...
: the three are considered heroes of the resistance against the Japanese occupation of the PhilippinesJapanese occupation of the PhilippinesThe Japanese occupation of the Philippines was the period in the history of the Philippines between 1942 and 1945, when the Empire of Japan occupied the previously American-controlled Philippines during World War II....
. It also features the eternal flameEternal flameAn eternal flame is a flame or torch that burns day and night for an indefinite period. The flame that burned constantly at Delphi was an archaic feature, "alien to the ordinary Greek temple"....
and laurel leavesBay LaurelThe bay laurel , also known as sweet bay, bay tree, true laurel, Grecian laurel, laurel tree, or simply laurel, is an aromatic evergreen tree or large shrub with green, glossy leaves, native to the Mediterranean region. It is the source of the bay leaf used in cooking...
. The bill is predominantly blue in color. The reverse 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...
, Manunggul JarManunggul JarThe Manunggul Jar is a secondary burial jar excavated from a Neolithic burial site in Manunggul cave of Lipuun dating from 890-710 B.C...
cover and Langgal, representing the three islands of the Philippines (LuzonLuzonLuzon is the largest island in the Philippines. It is located in the northernmost region of the archipelago, and is also the name for one of the three primary island groups in the country centered on the Island of Luzon...
, VisayasVisayasThe Visayas or Visayan Islands and locally known as Kabisay-an gid, is one of the three principal geographical divisions of the Philippines, along with Mindanao and Luzon. It consists of several islands, primarily surrounding the Visayan Sea, although the Visayas are considered the northeast...
, and MindanaoMindanaoMindanao is the second largest and easternmost island in the Philippines. It is also the name of one of the three island groups in the country, which consists of the island of Mindanao and smaller surrounding islands. The other two are Luzon and the Visayas. The island of Mindanao is called The...
, respectively). This is also the only bill on the series that features the Optically Variable InkOptically Variable InkOptically variable ink is an anti-counterfeiting measure used on many major modern banknotes.The ink displays two distinct colors depending on the angle the bill is viewed at. The United States fifty-dollar bill, for example, uses color shifting ink for the numeral 50 so that it displays copper at...
, which was used on the "1000" on the lower left side of the obverse. - 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.
- 1999: The signature of the Philippine president was moved slightly to the left to accommodate the names of the signatories on the bills.
- 2001: Additional security features were added; the Optically Variable InkOptically Variable InkOptically variable ink is an anti-counterfeiting measure used on many major modern banknotes.The ink displays two distinct colors depending on the angle the bill is viewed at. The United States fifty-dollar bill, for example, uses color shifting ink for the numeral 50 so that it displays copper at...
used in the "1000" on the lower left side was enhanced. Other features that were added are the security thread on the right side and the fluorescent printing on the left side across the portrait. - 2010: New generation series, The portrait of Abad Santos, Lim and Escoda were revised, a scene from the Centennial celebration of Philippine independence was added on the lower left. The reverse now features the Tubbataha Reefs Natural ParkTubbataha ReefTubbataha Reef is an atoll coral reef located in the Sulu Sea of the Philippines. It is a marine sanctuary protected as Tubbataha Reef National Marine Park...
and the South Sea pearlPearl oysterPearl oysters are saltwater clams, marine bivalve molluscs of the genus Pinctada in the family Pteriidae. They have a strong inner shell layer composed of nacre, also known as "mother of pearl"....
.