Obverse
The Obverse side features President Joseph Ejercito Estrada taking his oath of office on in the historic Barasoain Church, the seal of the first democratic republic in Asia shown in the background as well as the scroll of the Malolos Constitution and the seal of BSP.
Reverse
The reverse side depicts the re-enactment of the declaration of Philippine Independence at the Aguinaldo Shrine in Kawit, Cavite on by President Fidel V. Ramos and also features the Philippine Centennial Commission logo.
Security Features
The security features of the note include a 3-dimensional cylinder mould-made portrait watermark of the two presidents and the years -, iridescent band, color-shift windowed security thread, latent image and perfect see-through register.
Note
Issued to commemorate the 100th anniversary of the Philippine independence
Demonetized
2,000-Piso Centennial Commemorative Banknotes was considered demonetized starting pursuant to BSP Circular No. 973 Series of dated