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500 Piso Asian Development Bank

Issuer Bangko Sentral ng Pilipinas
Year 2012
Type Commemorative banknote
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Obverse description Front-facing bust of Benigno Aquino Jr. at left centre, flanked by a Philippine flag at centre and the bank seal at right centre; a dove appears at right with a typewriter vignette at lower right. Commemorative text relating to the 45th Annual Meeting of the Board of Governors of the Asian Development Bank is incorporated into the design alongside the standard BSP obligation legend and the date 2012.
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Reverse lettering 500 500 LIMANDAANG PISO 500
(Translation: Five hundred pesos)
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Comments

This note was issued to commemorate the Asian Development Bank's headquarters being located in Manila — specifically in Mandaluyong City — making it one of the few Philippine commemorative issues tied to an international financial institution rather than a historical figure or national event. The ADB was established in 1966, and the Philippines has maintained a close institutional relationship with it since founding membership.

P#214B is a variant within the New Generation Currency series introduced by the BSP starting in 2010, designed in-house by Romeo Mananquil and produced entirely at the Security Plant Complex. Full domestic production of Philippine banknotes at the Quezon City facility has been consistent since the late 1970s.

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