The Philippines: December 31st, 2016 was the original date for the redemption of the old style Philippine notes (PHP5.1 PHP10.1 PHP20.1 PHP50.1 PHP100.1 PHP200.1 PHP500.1 PHP1,000.1)
Due to the clamor of the many people that could not dispose in time of a large number of these banknotes, Bangko Sentral ng Pilipinas extended twice the date for the exchange, first to March 31st, and then to June 30. Now the Bank has announced that there will be no further extension.
©2017 Monetary Research Institute
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