Cryptic currencies | Harald Eustachius A. Tomintz

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Not long ago, there was a commemorative P5,000 banknote that drew the netizens’ interest, in no small part due to it using an image of chieftain Lapu-Lapu on the bill.

This is in sharp contrast to the more recent outrage on social media caused by a controversial decision involving money, namely, to change the symbols depicted on some already existing currency denominations. It seems the choice of who or what appears on money is worthy of examination!

In a culturally rich and diverse country like the Philippines, it is challenging to choose national symbols reflecting the lived experiences and values of every individual Filipino in the collective. The relationship of each citizen with a particular historical figure, national monument, or even regionally endemic animal, may vary. The selection of national symbols for the sake of a unified monolithic identity may be unintelligible to, and thus regrettably exclude, certain groups of Filipinos.

While both the old and new P1,000 bill designs should be circulating this year, it is unlikely that we would see the entire roster of peso bills and coins come in more than one single set of images, and less likely that the government would let different regional currencies coexist in the Philippines. This could be a precedent for a larger selection of symbols and persons to eventually be seen alongside—not necessarily replacing—well-known and traditional ones.

 

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