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The First Philippine Polymer (FPP) Series is the name used to refer to the Philippine peso currency series conceptualized in 2024. The series uses the Myriad and Twentieth Century typefaces, the same as the New Generation Currency Series launched in 2010.

History

2009: First proposal and abandonment

In 2009, the Philippines' central bank – the Bangko Sentral ng Pilipinas (BSP) has proposed the use of polymer banknotes during the time of then-Governor Amando Tetangco Jr.,^[1] as he announced that will be shifted from paper into polymer substrate, and also the time when the New Design Series was planned to be redesigned for a new banknote series, and later it was not materialized the shift plan, when the New Generation Currency Series was launched on December 16, 2010, which still using paper substrate made from cotton-abaca fiber and to support local abaca farmers.

2021–2022: Revival and trial circulation

In 2021, BSP has revived^[2] the proposal of the use of polymer banknotes during the time of COVID-19 pandemic under the leadership of then-Governor Benjamin Diokno, which they said that the polymer banknotes could not live bacteria and viruses for a short period of time; and a year later, the BSP presented the 1000-piso polymer banknote to President Rodrigo Duterte in Malacañang on April 6, 2022,^[3] and it was issued on April 18, 2022, in limited quantities and in trial circulation.

2024: Launch

After the trial circulation of 1000-piso polymer banknote in 2022, on December 19, 2024, the BSP launched the first-ever full polymer banknote series that they called the First Philippine Polymer Banknote Series, consisting of 50-piso, 100-piso, and 500-piso denominations; and it was presented in Malacañang led by President Bongbong Marcos and BSP Governor Eli Remolona Jr., and it was released on December 23, 2024, in limited quantities and in Greater Manila area.^[4]

Design

The FPP series shares many design cues with the New Generation Currency Series banknotes, particulary the color scheme, elements on the reverse side, and font used throughout the bills. The difference lies in the material used for the bill, and the main feature designs on the obverse side.

In this series, the BSP has decided not to include 20-piso and 200-piso banknote denominations in the polymer version.^[5]

50 piso

Colored red, the main design shown on the front of the note depicts a portrait of Visayan leopard cat (Prionailurus bengalensis rabori) or locally called as maral, and also features the clear window of Vidal's Lanutan flower (Hibiscus campylosiphon). The main designs on the back show Taal Lake, the Giant Trevally (locally known as Maliputo) (Caranx ignobilis) and an embroidery design from Batangas province.

100 piso

Colored violet, the main design for this denomination on the front depicts a portrait of Palawan peacock-pheasant (Polyplectron napoleonis) or locally known as tandikan, and also features the clear window of Ceratocentron fesselii orchid flower. The main designs shown on the back feature the Mayon Volcano, the Whale Shark (locally known as Butanding, scientific name Rhincodon typus), and a weave design from Bicol.

500 piso

Colored yellow, the main design on the front of the note features the portrait of Visayan spotted deer (Rusa alfredi) or locally known as lagsaw, and also features the clear window of Acanthephippium mantinianum orchid flower. The main designs on the back of the note feature the Subterranean River National Park, the Blue-naped parrot (Tanygnathus lucionensis), and a cloth design from the Southern Philippines.

1,000 piso

Colored light-blue, the main designs on the front of the note feature two of the national symbols of the Philippines, the Philippine eagle (Pithecophaga jefferyi), the national bird and the clear window of Sampaguita (Jasminum sambac), the national flower. The main designs on the back of the note feature the Tubbataha Reefs Natural Park, the South Sea Pearl (Pinctada maxima), and a cloth design from the Mindanao design for T'nalak (Ikat-dyed abaca).


First Philippine Polymer banknote series^[6]
Image		Value	Dimensions	Main Color		Design		Year of First Issue	Usage in circulation
Obverse	Reverse	Value	Dimensions	Main Color		Obverse	Reverse	Year of First Issue	Usage in circulation
		₱50	160 mm × 66 mm		Red	Visayan leopard cat (Prionailurus bengalensis rabori), Vidal's Lanutan (Hibiscus campylosiphon)	Taal Lake in Batangas; Caranx ignobilis, maliputo (giant trevally); Batangas embroidery design	December 23, 2024	Limited
		₱100			Violet (mauve)	Palawan peacock-pheasant (Polyplectron napoleonis), Ceratocentron fesselii orchid	Mayon Volcano in Albay; Rhincodon typus, whale shark (butanding); Bicol textile design
		₱500			Yellow	Visayan spotted deer (Rusa alfredi), Acanthephippium mantinianum orchid	Subterranean Underground River in Puerto Princesa, Palawan; Tanygnathus lucionensis, blue-naped parrot; Southern Philippines cloth design
		₱1000			Blue	Philippine eagle (Pithecophaga jefferyi), Sampaguita (Jasminum sambac)	Tubbataha Reefs Natural Park in Sulu Sea; Pinctada maxima, South Sea pearl; Mindanao design for T'nalak (Ikat-dyed abaca)	April 18, 2022	Wide
For table standards, see the banknote specification table.