MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) has unveiled the new designs of the peso bill -- from P20 to P1,000.
The new P500 bill shows both former Senator Ninoy and former President Corazon Aquino.
It is the first time a bill showed both parents of a sitting president, whose signature is also on the bill.
"[I'm] happy as a son and as a Filipino, sacrifice of people, testament of love…kulang na lang ang bunsong kapatid na si Kris at si Bimby," President Benigno Aquino said at the launching of the new bank notes.
At the back of the P500 bill is the underground river in Palawan and the blue-naped parrot.
The Aquino siblings, along with the relatives of other Philippine heroes, were all in Malacañang on Thursday for the launching of the designs.
A younger looking Manuel Quezon is seen in the new P20 bill, with the Banaue rice terraces seen at the back, and not Malacañang.
Sergio Osmeña is still on the P50 bill, but at the back now are the Taal Lake and the Maliputo fish, not the National Museum.
Manual Roxas, meanwhile, is on the P100 bill, with the Mayon Volcano and the Butinding of Sorsogon at the back.
Diosdado Macapagal, the father of former President Gloria Arroyo, is on the P200 bill, with the Chocolate Hills and tarsier at the back.
Former First Daughter Luli Arroyo-Bernas and her uncle, Diosdado Jr., represented Arroyo in Malacañang.
Josefa Llanes Escoda, Jose Abad Santos and Vicente Lim are still on the P1,000 bill, but at the back are the Tubbataha Reef and the South Sea Pearl.
The BSP said the new bills have improved security features, which will make them harder to counterfeit.
The central bank added that the paper bills currently in circulation can still be used for the next 3 years.