09 Aug Bangko Sentral To Release New 20-Peso Coin This 2019
Photos by Rappler & Arpad Miler.
Mga higala! The Bangko Sentral ng Pilipinas (BSP) will be releasing a 20-PESO COIN version of the current P20 bill this 2019!
The design for the 20-peso coin is being finalized and its security features and specifications are now carefully being planned.
According to BSP Assistant Governor Dahlia Luna, the coin version was considered after a study by the University of the Philippines found that Filipinos most frequently use P20 bills, leading to the banknote’s early wear and tear.
“The life span of a coin when recirculated is more than 10 to 15 years compared to banknotes which are less than one year,” Luna said.
The 20-peso coin is set to launch in the 4th quarter of 2019 or the 1st quarter of 2020.
For more details:
https://www.rappler.com/business/235646-bangko-sentral-pilipinas-to-create-philippine-peso-20-coin
LOOK: Bangko Sentral will be releasing a new 20-peso coin this 2019
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