The 5 peso note was issued by the Central Bank on June 12, 1985. The front side of the 5-peso banknote features the portrait of Emilio Aguinaldo. The back of the banknote features the Philippine declaration of independence by Emilio Aguinaldo on June 12, 1898. The banknote is predominantly colored green.
Security features of the banknote include a security thread, scattered red & blue visible fibers, and fluorescent printing. The Bangko Sentral ng Pilipinas has stopped printing this banknote, and it is currently being replaced by equivalent coins. However, existing banknotes remain legal tender
The 10-peso banknote was issued months after the 5-piso banknote was issued. The front side of the 10-peso banknote features Apolinario Mabini on the left and Andres Bonifacio on the right. Bonifacio was the founder of the Katipunan, a secret society established to fight the Spanish colonial government. Mabini was the Philippines first Prime Minister and Secretary of Foreign Affairs even though he was a cripple. Because of this, he was often called "The Sublime Paralytic". Depicted on the right side is one of the flags of the Katipunan (see Flags of the Philippine Revolution), the Kartilya ng Katipunan, and a letter written by Mabini.
The front side of the 20-piso banknote features Manuel L. Quezon, first president of the Commonwealth of the Philippines. Along the right side of the banknote are the coat-of-arms of the Commonwealth, and two of Quezon's notable accomplishments. The first is "Wikang Pambansâ", which is Tagalog for "national language". In 1937, the National Language Institute was founded to establish a single national language for the Philippines. This eventually became the Filipino language, which is largely based on Tagalog. The second was the "Saligang Batas 1935" or the 1935 Constitution of the Philippines. This was the first real constitution that was nationally effected and large parts of it survive in the current constitution. The banknote is predominantly colored orange.
The reverse side of the 20-piso banknote depicts Malacañan Palace, more popularly known as Malacañang Palace, the residence of the President of the Philippines, along the banks of the Pasig River. Quezon was the first Philippine president to live in the Palace
Depicted on the front side of the fifty-piso is Sergio Osmeña, the second president of the Commonwealth of the Philippines. He served as president from 1944, after Quezon's death, to 1946, when the United States granted the Philippines' independence.The banknote is predominantly colored red. The National Museum is featured on the reverse side of the banknote. This building used to be the Legislative Building, where the House of Representatives that Osmena presided over as Speaker from 1907-1922 was located. The building and then renamed Executive House during the Martial Law period and was labelled as such in the fifty-piso banknote until recently.
The front side of the 100-piso banknote features Manuel Roxas, the first president of the independent Philippine Republic. This independence is shown at the right side where the Philippine flag was raised while that of the United States was lowered on July 4, 1946.The banknote is predominantly colored violet. The reverse side of the banknote depicts the Manila compound of the Bangko Sentral. The 100-piso banknote is the smallest-valued banknote to have the new security features implemented in recent years. But before the advent of the new security features, the 100-piso banknote is interesting for having other security features. On the front side is a barely visible "100" logo above the signatures of the president and the Central Bank governor. This logo is best seen on crisp new 100-piso banknotes. On the reverse side, the top row of windows of the main building has the words "Bangko Sentral ng Pilipinas" ("Central Bank of the Philippines") running the whole length.
The front side of the 200-piso banknote features the portrait of Diosdado Macapagal. It also features the Aguinaldo Shrine in Kawit, Cavite.The back side of the banknote features a scene from EDSA II, with Gloria Macapagal-Arroyo, Macapagal's daughter, being sworn in as president by Chief Justice Hilario Davide Jr. in January 2001. The little girl holding a Bible in between Arroyo and Davide is Cecilia Paz Razon Abad, daughter of former Philippine Education Secretary Florencio Abad and Batanes Representative Henedina Razon-Abad. The banknote is predominantly colored green. This note is also a commemorative banknote, released in 2002 to commemorate Philippine independence.
The front side of the 500-piso banknote features the portrait of Benigno Aquino, Jr.. To the right of the banknote, there are two popular quotes from Aquino: "Faith in our people and faith in God", and "The Filipino is worth dying for". There is also the signature of Aquino, a typewriter with his initials ("B.S.A.J."), and a dove of peace. A Philippine flag is also to the right of his portrait, near the central part of the front side.The reverse side features a collage of various images in relation to Aquino. He was (out of some of the pictures) a journalist for the Manila Times, a senator (the pioneer of the Study Now, Pay Later education program), the mayor in his hometown of Concepcion, the governor of Tarlac, and was the main driving force behind the People Power Revolution of 1986, some three years after his death in 1983.The banknote is predominantly colored yellow.
The front side of the 1,000-piso banknote features the portraits of Jose Abad Santos, Chief Justice; Josefa Llanes Escoda, civic worker and one of the founders of the Girl Scouts of the Philippines; and Vicente Lim, a general in the Philippine Army, first Filipino graduate of West Point: the three are considered heroes of the resistance against the Japanese occupation of the Philippines. It also features the eternal flame, laurel leaves, and bank seal.
The back of the banknote features the Banaue Rice Terraces, Manunggul Jar cover and Langgal.The banknote is predominantly colored blue. Security features of the banknote include optically variable ink, a security thread, scattered red & blue visible fibers, and fluorescent printing. The words "Central Bank of the Philippines" are microprinted in the lower left border on the face of the note.
The 100,000-piso centennial note, measuring 8.5"x14", is accredited by the Guinness Book of World Records as the world's largest legal tender note in terms of size. It was issued in very limited quantity during the celebration of the centennial of Philippine independence in 1998.