The Bangko Sentral ng Pilipinas (BSP), in cooperation with the National Quincentennial Committee (NQC), launched on 18 January 2021 the 5000-Piso Lapulapu Commemorative Banknote and Medal to kickoff the 99-day countdown to the 500th anniversary of the “Victory at Mactan.”
On its obverse, the banknote depicts a young Lapulapu, an image of the battle of Mactan, the QCP logo, and the Karaoka, the large outrigger warships used by native Filipinos.
Meanwhile, the reverse shows the Philippine eagle, or the Manaol, which symbolizes clear vision, freedom, and strength; and which embodies the ancient Visayan belief that all living creatures originated from an eagle.
Also featured are the tree of a coconut, which was food the people of Samar provided to Ferdinand Magellan and his crew; and Mount Apo, which is located in Mindanao, where the circumnavigators finally found directional clues to their intended destination of Maluku or the Spice Island.