by bsp's edict, the old bank notes can no longer be used for daily transactions effective January 1, 2016. these bank notes can be exchanged with new generation bank notes in authorized banks from January 1, 2016 to December 31, 2016.

ang maganda nito yung perang ninakaw sa kaban ng bayan o yung inihanda na ng mga pulitiko na gagamitin sana ngayong mayo ay talagang lalabas yun kasi ma-demonitize eh. kung ipa exchange nila ng maramihan, ma- monitor yan ng anti-money laundering council (a transaction with any bank amounting to 500k will be reported to amlc), magiging problema pa.
kung magpapa exchange tayo ngayon sa bangko limitado lang ma exchange nila. this is very good-- for obvious reason.
i don't believe in happenstance. everything happens for a reason.