BSP issues P5000 Lapulapu commemorative banknote, medal

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    The Bangko Sentral ng Pilipinas (BSP), in cooperation with the National Quincentennial Committee (NQC) yesterday launched P5000 Lapulapu Commemorative Banknote and Medal to kick off the 99-day countdown to the 500th anniversary of the Victory at Mactan.

    “The BSP and NCQ have collaborated on this commemorative banknote and medal to celebrate the heroism of Lapulapu and his warriors, and to familiarize the present generation with the country’s rich pre-colonial history,” BSP officer-in-charge (OIC) Francisco Dakila Jr. said.

    The celebration of the 500th anniversary of Lapulapu’s victory and the special part the Philippines played in the world’s circumnavigation are collectively referred to as the 2021 Quincentennial Commemorations in the Philippines (QCP).

    On its obverse, the banknote depicts a young Lapulapu, an image of the battle of Mactan, the QCP logo, and the Karaoka, the large outrigger warships used by native Filipinos.

    The reverse shows the Philippine eagle or the Manaol, which symbolizes clear vision, freedom, and strength; and which embodies the ancient Visayan belief that all living creatures originated from an eagle.