Souvenir Sheet: Ferdinand Magellan Circulating Note (Philippines 2016)

Ferdinand Magellan Circulating Note (Philippines 2016)

12 June (Philippines ) within release Philippine National Bank Centenary goes into circulation Souvenir Sheet Ferdinand Magellan Circulating Note face value 100 Philippine piso

Souvenir Sheet Ferdinand Magellan Circulating Note in catalogues
Colnect codes: Col:PH 2016-040

Souvenir Sheet is square format.

Also in the issue Philippine National Bank Centenary:

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Souvenir Sheet Ferdinand Magellan Circulating Note in digits
Country: Philippines
Date: 2016-06-12
Print: Unknown
Emission: Commemorative
Format: Souvenir Sheet
Face Value: 100 Philippine piso

Souvenir Sheet Ferdinand Magellan Circulating Note it reflects the thematic directions:

A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. 

Souvenir Sheet, Ferdinand Magellan Circulating Note, Philippines,  , Banknotes