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This One Peso banknote was issued by the Central Bank of the Philippines in 1949-1969. It was printed by Thomas De La Rue Company, Limited, London. The front of this note shows the portrait of Apolinario Mabini at the left side. The back of this note shows the Barasoain Church in Malolos, where President Emilio Aguinaldo proclaimed the First Philippine Republic in 1898. The color of this note is black which was printed on a light green & cream background.
It was signed by Elpidio Quirino as President of the Philippines and M.Quaderno as Governor of the Central Bank. According to Guy N. Davis, in his book entitled: Collecting Banknotes of the Central Bank of the Philippines (1988), there were 45 Million notes printed. This note belongs to the Serial Numbers from R 000,001 - BM 1,000,000.