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In 1944, inflation led to the issuing of a 100-dollar note. In 1945, a replacement note 100-dollar bill was issued as well as a hyper-inflation 1,000 note. The 1942 series of notes, including the 50c and 1, 5, 10, and the 1944/45 100-dollar all contained the text [The Japanese Government] "Promises To Pay The Bearer on Demand".
In 1943 MacArthur requested and received the following counterfeited notes: five million 10-peso notes, three million 5-peso notes, one and a half million 1-peso notes and five hundred thousand 50-centavo notes. [8] The American forgeries are known to have the following block letter codes: 50-centavo bills: PA, PB, PE, PF, PG, PH and PI
During World War II, the Japanese Military issued invasion currency for Netherlands Indian roepiah, Burmese rupee, and Singapore, Malaya, North Borneo, Sarawak and Brunei. The Japanese occupation of the Philippines (1942–45) was no different. This is a complete set of Japanese government-issued Philippine peso.
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Japan issued its first new banknotes in two decades Wednesday, yen packed with 3-D hologram technology to fight counterfeiting. Prime Minister Fumio Kishida praised as “historic” the state-of ...
The Japanese government-issued Philippine peso was a form of fiat money issued in the Philippines by the Japanese government during World War II as part of its occupation of the archipelago. The first issue in 1942 had notes valued at 1, 5, 10 and 50 centavos, and 1, 5 and 10 pesos.
The Republican government followed suit on 30 October 1946, replacing the occupation currency with Oeang Repoeblik Indonesia (ORI) at an official rate of 50 Japanese roepiah for 1 ORI. [15] [16] However, owing to the ongoing Indonesian National Revolution and the resulting chaotic monetary landscape, Japanese-issued bills remained in use into ...
In addition to those issues, the Commonwealth government also allowed municipal and provincial authorities to issue notes denominated in centavos and pesos. When military defeat in the Philippines was inevitable, the U.S. and Philippine authorities, in an effort to prevent economic resources falling into the hands of the Imperial Japanese ...