Philippine two peso note

Two pesos

(Philippines)
Value	2 pesos
Width	160 mm
Height	66 mm
Security features	Security fibers, Watermark, Concealed value, Security thread
Paper type	90% cotton 10% linen
Years of printing	1903-1983
Obverse
200px
Design	José Rizal
Design date	1973
Reverse
200px
Design	Declaration of Philippine independence
Design date	1973

The Philippine two-peso note (₱2) was a denomination of Philippine currency. On its final release, José Rizal was featured on the front side of the bill, while the Declaration of the Philippine Independence was featured on the reverse side.

This banknote was circulated until it was demonetized in 1993. Its printing was ceased in 1985, when it was replaced by coins upon the introduction of the New Design series.

Pre-independence history

• 1903: Philippine Islands issued silver certificates. Features a portrait of José Rizal.
• 1916: PNB issued notes. Features a portrait of José Rizal.
• 1937: Philippine Commonwealth issued treasury certificate. Features a portrait of José Rizal. This series were later overprinted with the word "VICTORY" on the reverse after the liberation of the Philippines under Japanese rule in 1944.

Post-independence history

• 1951: English series, Features the portrait of José Rizal, the national hero of the Philippines. The reverse features the landing of Ferdinand Magellan in the Philippines in 1521.
• 1973: The denomination was not included upon the introduction of the Pilipino series bills. It was later introduced in the Ang Bagong Lipunan series. The banknote adopts the design elements from the demonetized one peso bill; Rizal's profile is featured on the obverse, and on the reverse, it featured the Declaration of the Philippine Independence. The note is predominantly blue in color.
• 1985: The two peso bill was not included when the New Design series was introduced and was later replaced by coins two years before. The banknote was officially demonetized, together with the other Ang Bagong Lipunan series banknotes on February 2, 1993.

• P2 English series (Obverse).jpg

  English series ₱2 bill.

Commemorative issues

Throughout its existence, the two peso bill has been overprinted to commemorate certain events:

• 1981 - Papal visit of Pope John Paul II