Obverse
Portrait of Jose Rizal "Central Bank of the Philippines" "This note is a liability of the Central Bank and is fully guaranteed by the Government of the Republic of the Philippines" "This note is legal tender in the Philippines for all debts, public and private" "2 Pesos"
Reverse
Image of the Landing of Ferdinand Magellan "Two Pesos" "Landing of Magellan in the Philippines"
Security Features
Red and blue visible fibers
Remarks
After , this banknote was considered demonetized pursuant to Presidential Decree No. 168 and 378