00:00New Year, new polymer money.
00:02That's what the public should expect for next year
00:05because the new paper with new designs will enter circulation
00:11and will surely be more durable.
00:13Yesterday, President Ferdinand R. Marquez Jr.
00:16led the public's interest in it.
00:19Let's see it in Central Nabalita with Clayzel Pardilla.
00:25The Aguinaldos who will receive this Christmas
00:28Don't be surprised because the design is different.
00:31Presenting the new face and complete set of money.
00:36The Philippine Central Bank has already published
00:39the new Philippine Polymer Banknote Series.
00:43President Ferdinand R. Marquez Jr.
00:46himself presented the new covers.
00:48I am sure that this fresh set of bills
00:51will add more excitement to our kids
00:54when they come and ask for their Aguinaldo.
00:59The money-printed figures have already been replaced.
01:03The new money contains the animals and plants
01:06that can be found in the Philippines.
01:08It reflects the rich biodiversity of our country.
01:12The Php 1,000 has already been printed.
01:17The Visayan Spotted Deer is included in the new Php 500.
01:21The Palawang Peacock is included in the Php 100.
01:24While the Visayan Leopard Cat is included in the Php 50.
01:29The new covers are made of polymer or plastic.
01:32Like the Php 1,000 that was released in 2022.
01:36It is more durable because it is not easily torn or wet.
01:39It is also said to last for more than 7 years.
01:43It is safer because it has advanced security features
01:46like the hologram.
01:48It is not easy to catch the virus and is eco-friendly
01:51because it can be recycled.
01:53The introduction of the first Philippine Polymer Banknote Series
01:56reflects the progress we are making as a Bagong Pilipinas.
02:00Practical, innovative, and deeply meaningful.
02:04By upgrading our currency,
02:06we are making sure that every hard-earned peso stays safe
02:10whether it is saved, whether it is spent,
02:13or whether it is invested.
02:15President Marcos said
02:17that the release of the new money-printed figures
02:20is in the interest of many countries
02:22like Australia, Canada, and Singapore
02:25that issue new designs of money every 10 years
02:28to avoid the corruption of the neighbor.
02:31Today, the Philippines proudly joins their ranks
02:35ensuring that our currency remains secure,
02:38durable, and sustainable.
02:40The release of the new money-printed figures
02:43will be limited this December in Metro Manila.
02:45It is expected to have a wide distribution by January.
02:50According to the DSP,
02:51the old money will remain a legal tender
02:55but can be exchanged for new money-printed figures.
02:58As long as this banknote is still recognizable
03:01and we have guidance here,
03:03at least two-thirds of the banknote is still visible,
03:06the signature of either the governor
03:08or the president of the Philippines is still visible,
03:11we can consider it for redemption.
03:13Kalei sa Pardilia para sa bayan!
