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The old paper money is not usable from 2017
2017-01-16
According to the announcement of the Bangko Sentral ng Pilipinas, the exchange from old paper money to a newly-issued bank note was until December 29, 2016. The old paper money will lose value next year from January 1, 2017. In a bank and the local government Government building in response to the authorization, I seem to accept the exchange of the newly-issued bank note partly until March 31, 2017. A newly-issued bank note was issued in 2010 and the old paper money was used together for a while, too, but was not able to use the old paper money on the end of December, 2015. During 2016, only the exchange to a newly-issued bank note was possible in a bank. The customer that the Philippines is visited has possibilities having former peso, but please be careful considerably after a long absence as you cannot use the old paper money now.
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