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A photographer kneels on a street littered with invasion money, Rangoon, 1945. Japanese invasion money, officially known as Southern Development Bank Notes (Japanese: 大東亜戦争軍票 Dai Tō-A Sensō gunpyō, "Greater East Asia War military scrip"), was currency issued by the Japanese Military Authority, as a replacement for local currency after the conquest of colonies and other states ...
After the occupation began, the Japanese military government ruled that, as of 11 March 1942, the only valid currency in the region were military banknotes and existing colonial guilder. [4] Soon, however, they had begun replacing the pre-war currency at par. [5] They soon required that all extant Dutch currency be exchanged for the occupation ...
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 ...
Japanese Allied Military Currency (A yen and B yen) - used in Korea, issued for use in Japan but then demonetized there before they could be used [5] The majority of the notes were printed by the United States Bureau of Engraving and Printing, with some were printed by the Soviet Union and by the Japanese Ministry of Finance.
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]
Common among most issues of Japanese invasion money, [3] the Oceania notes denote the issuer as "The Japanese Government" rather than the name of the region they were intended for. This is due to many of these notes having been printed ahead of time and intended to circulate in more than one country in a given region intended to be absorbed ...
During World War II in the Philippines, the occupying Japanese government issued a fiat currency in several denominations; this is known as the Japanese government–issued Philippine peso (see also Japanese invasion money). [1] The Japanese government outlawed possession of guerrilla currency, and declared a monopoly on the issuance of money ...
The Japanese dollar was one of several forms of Japanese invasion money issued throughout the newly expanded Empire of Japan. Similar currencies were issued in Burma (as the Japanese rupee ), the Dutch East Indies (as the Japanese gulden/roepiah ), the Philippines (as the Japanese peso ) and various Melanesian and Polynesian territories (as the ...