The Philippines' 1.000-piso polymer banknote has just been voted the world's most beautiful banknote in 2022, according to the announcement of the International Association of Banknote Collectors (IBNS).
The Philippines' 1.000-piso banknote was voted the world's most beautiful banknote in 2022. Photo: CNN Philippines.
Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, said it was the first Philippine banknote to receive this award, winning over notes from economies such as Algeria, Barbados, and Egypt. , Northern Ireland and Scotland, the Manila Times reported.
IBNS praised the “successful design of the Philippine banknote with its beautiful blue color incorporating an endangered animal species with an environmental theme”.
One of the necessary conditions to participate in the IBNS vote is that the note must be first released to the public during the year of the award, must have artistic value and/or innovative security features, and widely circulated.
Previous year's winners include the Mexican 50-peso note in 2021, the Mexican 100-peso note in 2020, and the Aruba 50-florin bill in 2019.
The reverse side of the 1.000-piso polymer note features a Philippine eagle and the national flower sampaguita. Meanwhile, the front is Tubbataha Reef Nature Park, T'nalak weaving of the T'boli people and South Sea pearls.
New 1.000-piso notes will be in circulation starting April 4. The note was printed by Note Printing Australia, a wholly owned subsidiary of the central bank of Australia. It replaces the old design depicting Philippine heroes Jose Abad Santos, Josefa Llanes-Escoda and General Vicente Lim, according to CNN Philippines.
Polymer banknotes are said to last 2,5 to 4 times longer than regular banknotes and are easier to clean.
The £100 note honors Dr Flora Murray of the Bank of Scotland. Photo: Bank of Scotland.
Each year, IBNS invites members in 60 economies to nominate newly designed bills that have been issued during the year.
Behind the 1.000-piso note of the Philippines in this year's ranking is the £50 note of Ulster Bank (Ireland).
In third place is a £100 note in honor of Dr Flora Murray of the Bank of Scotland.
The BBC on June 1 quoted a spokesman for the Bank of Scotland as expressing pride that the polymer banknote worth 6 pounds of Scotland to honor the outstanding work of Dr. Flora Murray has entered the top of the most beautiful coins. of the IBNS.
The spokesperson confirmed that Dr. Murray, besides being a pioneer in the medical field, has dedicated her life to fighting for women's rights.
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