New Philippine Peso Bills

New peso bills, from BSP

New administration, new Philippine Peso bills. The Central Bank of the Philippines has just released the newest Philippine bank notes and people can already exchange their current bills to these new ones beginning next week (Dec 20, 2010 onwards). The current bills can still be used for 3 years. The reason for creating new Philippine Peso bills, according to the Bangko Sentral ng Pilipinas is that counterfeiters have already perfected our current bills.

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