The Philippines’ bank note has been awarded as the Bank Note of the Year by the International Bank Note Society (IBNS) for its outstanding design and security features. The 100-peso bank note, which features the late President Manuel A. Roxas, was chosen from a pool of 150 bank notes from around the world.
The IBNS is a non-profit organization that promotes the study and collection of paper money and bank notes. Each year, the organization holds a competition to determine the best bank note of the year. The competition is judged based on several criteria, including design, security features, and overall aesthetic appeal.
The Philippines’ 100-peso bank note was designed by the Bangko Sentral ng Pilipinas (BSP) and was released in December 2019. The note features a portrait of President Roxas on the front, along with images of the country’s wildlife and natural resources. The back of the note features the Mayon Volcano and the Butanding or whale shark, which is a popular tourist attraction in the country.
Aside from its beautiful design, the 100-peso bank note also boasts several security features that make it difficult to counterfeit. These include a windowed security thread, a watermark portrait of President Roxas, and a tactile feature for the visually impaired.
The BSP has been praised for its efforts in creating bank notes that are not only aesthetically pleasing but also secure. In recent years, the BSP has introduced several new bank notes with improved security features, including the 500-peso and 1,000-peso notes.
The awarding of the Bank Note of the Year to the Philippines’ 100-peso bank note is a significant achievement for the country’s central bank. It not only recognizes the BSP’s efforts in creating high-quality bank notes but also puts the Philippines on the map as a leader in bank note design and security.
In conclusion, the Philippines’ 100-peso bank note is a testament to the country’s rich history and natural beauty. Its outstanding design and security features have earned it the prestigious title of Bank Note of the Year, and it serves as a symbol of the BSP’s commitment to excellence in paper money and bank note design.
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- Source: Plato Data Intelligence.