Philippine one thousand-peso note

One thousand pesos

(Philippines)
Value	₱1000
Width	160 mm
Height	66 mm
Security features	Security fibers, watermark, see-through registration device, concealed value, 3D security thread, optical variable device, optically variable ink, tactile marks, rolling bar effect
Material used	80% cotton 20% abacá fiber
Years of printing	1944–1945; 1991–present
Obverse
Design	José Abad Santos, Vicente Lim, Josefa Llanes Escoda, Centennial celebration of Philippine independence
Designer	Studio 5 Designs
Design date	2020
Reverse
Design	Tubbataha Reefs Natural Park, South Sea pearl (Pinctada maxima), Mindanao design for Tinalak (Ikat-dyed abaca)
Designer	Studio 5 Designs
Design date	2018

The Philippine one thousand-peso note (Filipino: Sanlibong Piso) (₱1000; PHP 1000) is a denomination of Philippine currency. It is the largest denomination in general circulation in the Philippines. José Abad Santos, Vicente Lim, and Josefa Llanes Escoda are currently featured on the front side of the notes, while the Tubbataha Reefs Natural Park and the South Sea pearl are featured on the back side of the note.

History

Pre-independence

Japanese government issued series

In 1944, due to hyperinflation caused by the ongoing event of World War II, the Japanese were forced to issue higher denominations of their fiat peso. The banknotes ceased on becoming legal tender after the liberation.

• Japanese-sponsored Philippine Republic ₱1000 note.
  Japanese-sponsored Philippine Republic ₱1000 note.

Independence

New Design series (1991–2012)

The Central Bank of the Philippines introduced the one thousand peso denomination in December 1991. The note features the portraits of former Chief Justice José Abad Santos; 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 who was the first Filipino graduate of West Point. The three are considered heroes of the resistance against the Japanese occupation of the Philippines. The obverse also features the eternal flame and laurel leaves. The note is predominantly blue in color. The reverse features the Banaue Rice Terraces, Manunggul Jar cover and Langgal (a mosque), representing the three islands of the Philippines (Luzon, Visayas, and Mindanao, respectively). This is also the only note for the series that features the optically variable ink, which was used on the "1000" on the lower left side of the obverse.

After the creation of the Bangko Sentral ng Pilipinas, its new logo was incorporated on all the New Design series bills in 1993.

In 1998, the year of printing was added at the bottom of the denomination value located at the upper left corner of the obverse.

In 1999, the signature of the Philippine president was moved slightly to the left to accommodate the names of the signatories on the bills and added them starting with banknotes featuring the signature of President Joseph Estrada.

In 2001, additional security features were added, such as the Optically Variable Ink used in the "1000" on the lower left side which was enhanced. Other features that were added are the security thread on the right side and the fluorescent printing on the left side across the portrait. To deplete the BSP's inventory of cotton-linen banknote paper, banknotes featuring the signatures of President Gloria Macapagal Arroyo and BSP governor Rafael Buenaventura were introduced earlier than the features mentioned before which makes the only banknote with the 2001 year mark to not feature the signature of President Joseph Estrada.

New Generation Currency series (2010–present)

The portraits of Abad Santos, Escoda, and Lim were revised, and a scene from the Centennial celebration of Philippine independence was added on the lower left and an image of the Order of Lakandula medal (mislabeled as the "Medal of Honor") in the lower middle. The reverse now features the Tubbataha Reefs Natural Park and the South Sea pearl.

In 2017, an updated version of the 1000-peso banknote was released with changes in the font size of the year of issue and the italicization of the scientific name on the reverse side. The image of the Order of Lakandula and its description on the front side of the note were also removed.

In 2018, additional security features in the 1000 peso note, a blue 5mm-wide "3D security thread" (trademarked "Motion" by Crane Currency).

In 2020, an enhanced version of the 1000 peso "New Generation Currency" banknote was released. Four notable changes were made. First, it added color-changing indigenous patterns to the security threads. Second, a rolling bar effect was also added in the 1000 located at the upper-left corner. Third, the 1000 number located at the bottom-left were added with a color-changing feature depending on what angle it is tilted. Finally, ten tactile marks were placed for the elderly and the visually impaired, five tactile marks were placed on the extreme left and right side of the front of the note.

• 
  New Design/BSP series ₱1000 note.

Future (2022)

In mid-2021, the Bangko Sentral ng Pilipinas announced that new polymer bills featuring the flora and fauna of the country will be in circulation. The portraits of Escoda, Abad Santos and Lim will be replaced by a portrait of a Philippine Eagle.

Commemorative issues

Throughout its existence, the one thousand peso bill have been overprinted to commemorate certain events, namely:

60 years of Central Banking commemorative bill

On July 9, 2009, the Bangko Sentral ng Pilipinas introduced 12 million banknotes (2 million banknotes for each denomination) with an overprint commemorating 60 years of central banking. The overprint appears on the watermark area on all six circulating denominations.