The brown bill showed an artist’s rendition of the hero of Mactan on its face. Its back featured images of Mount Apo and Philippine Eagle.
Following the banknote’s unveiling on Monday (January 18), some netizens asked BSP to make the bill available for general circulation.
— John Christopher (@jayceekessel) January 18, 2021
I hope they will make it permanent. 1,000 Peso bill is super easy to spend these days 😂 https://t.co/viOFWqRBOU
— figbricksxfox / Faye (@figbricksxfox) January 18, 2021
Meanwhile, a number of netizens took the bill’s high valuation as a sign that the peso’s value has weakened.
Lumiliit ng lumiliit halaga ng pera habang pataas ng pataas mga bilihin, at walang pinagbabago ang maliit ng sahod. https://t.co/eLv2xw0w6H
— KUYA•JI (@kuya_bgyo) January 18, 2021
Philippine Peso’s power really going down. The government should control the inflation and make monetary policies. This is not the solution. 🤦🏻♂️💁🏻♂️ https://t.co/pBemrWqzZC
— Kyne (@kenjihalyan) January 18, 2021
BSP officer in charge Francisco Dakila Jr. earlier said the banknote and corresponding medal were released not just to celebrate Lapu-Lapu’s heroism, but also to “familiarize the present generation with the country’s rich precolonial history.”