P20 coin coming in 2020, says Bangko Sentral

ABS-CBN News

MANILA -- The Bangko Sentral ng Pilipinas said Monday it would release into circulation a P20 coin by 2020, replacing the bill form of the country&#x27;s most widely-used denomination for payments.A P20 coin, instead of a bank note, will be more cost-effective, the BSP said. The P20 coin will be launched ceremonially in December for circulation the following year.The final design for the P20 coin will be presented to central bank Governor Benjamin Diokno during the launch. It will retain &quot;major elements&quot; of the bill and will be &quot;easily distinguishable&quot; from other coins, the BSP said.The BSP said it would also release an &quot;enhanced&quot; version of the P5 coin to make it more distinct from other coins. Consumers have complained that the P5 coin is difficult to tell apart from the P1 coin.The current P20 bill is colored orange and has the images of former president Manuel L. Quezon and Malacanang Palace on one side and the Banaue Rice Terraces and the palm civet on the flip side.

The BSP said it would also release an "enhanced" version of the P5 coin to make it more distinct from other coins. Consumers have complained that the P5 coin is difficult to tell apart from the P1 coin.

The BSP said it would also release an "enhanced" version of the P5 coin to make it more distinct from other coins. Consumers have complained that the P5 coin is difficult to tell apart from the P1 coin.

P20 coin coming in 2020, says Bangko Sentral | ABS-CBN

Entertainment

News

Metro.Style

Sports

More

Business

P20 coin coming in 2020, says Bangko Sentral

P20 coin coming in 2020, says Bangko Sentral

ABS-CBN News

Published Oct 14, 2019 02:34 PM PHT

|

Updated Oct 14, 2019 02:42 PM PHT

Read More:

money

coins

Bangko Sentral ng Pilipinas

central bank

consumer

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Advertise with Us

Privacy Policy

Terms of Service

© 2025 ABS-CBN Corporation. All Rights Reserved.