New Generation Currency Series; In
July 2019, the Bangko Sentral ng Pilipinas (BSP)
announced that the 20 peso note will be changed into a
coin due to the overuse of the banknote, since each individual note only lasts
a year in circulation whereas the new 20 peso coin but would last for 10 to 15
years even if it costs more to manufacture. The decision is based on a research
by the University of the Philippines. The coin
was planned to be released in late 2019 or early 2020, and in September
2019, the ₱20 coin was finally designed and will be released in December 2019.
Diokno mentioned that the design would retain Manuel L.
Quezon as the person on the obverse],
that the coin would be two-tone (in a manner similar to the old 10-peso coin), and that it is slightly
bigger than the P10 coin. He also mentioned there would be
other features making it distinct from the other New Generation coins.
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