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Japanese military currency (日本軍用手票) is the name given to money used by the Japanese armed forces for the purchase of supplies in occupied territories. [1] It was mainly issued in denominations of yen, and subsidiary currency of sen with the exception of the first Sino-Japanese War series.
Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary. [ citation needed ] The military yen reached its peak during the Pacific War period, when the Japanese government excessively [ clarification needed ] issued it to ...
In 1946, following the Second World War, Japan removed the old currency (旧円券) and introduced the "New Yen" (新円券). [1] Meanwhile, American occupation forces used a parallel system, called B yen, from 1945 to 1958. Since then, together with the economic expansion of Japan, the yen has become one of the major currencies of the world. [9]
Normally Japanese officials would add stamps to the notes finalizing the process, where in this case the counterfeiters added their own stamps. [7] The Japanese government responded by re-issuing subsidiary currency through a new series in 1882. [8] This new currency only included twenty and fifty sen notes which were hurried through the process.
Meanwhile, events around the world including the Great Depression were leading up to another world war. Japan was pushed into a militaristic regime by 1933, and started stockpiling nickel as war materials. [23] The Second Sino-Japanese War broke out in 1937 and a National Mobilization Law was declared in the following year. [24]
After World War II the United States-administered Okinawa issued a higher-valued currency called the B yen from 1946 to 1958, which was then replaced by the U.S. dollar at the rate of $1 = 120 B yen. Upon the reversion of Okinawa to Japan in 1972 the Japanese yen then replaced the dollar.
Experimental Japanese coins were struck in porcelain towards the end of World War II. These pattern coins were never issued for circulation, though some privately made ones circulated unofficially. The following is a list of Japanese pattern coins from the yen based currency system started under the Meiji Restoration. [1]
Japan participated in World War I from 1914 to 1918 as a member of the Allies/Entente and played an important role against the Imperial German Navy.Politically, the Japanese Empire seized the opportunity to expand its sphere of influence in China, and to gain recognition as a great power in postwar geopolitics.