20 Pesos English Series Ramon Magsaysay - Cuaderno

This Twenty Pesos 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 Andres Bonifacio at the left side and Emilio Jacinto at the right side. The back of this note shows the Balintawak Monument in Novaliches. The color of the obverse is black overprint which was printed on a yellow background.While the color of the reverse is brownish orange.

It was signed by Ramon Magsaysay as President of the Philippines and M. Cuaderno 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 30 Million notes printed. This note belongs to the Serial Numbers from B 000,001- AG 1,000,000.