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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 occupation of the Philippines (1942–45) was no different. This is a complete set of Japanese government-issued Philippine peso. The effect of wartime hyperinflation can be seen in the rapid increase of denomination value put into circulation. Pencil notations on the obverse of the notes beginning with "CM" indicate these notes ...
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 ...
The term "banana money" originates from the motifs of banana trees on the currency's 10 dollar banknote, seen here at the bottom. The Japanese government-issued dollar was a form of currency issued for use within the Imperial Japan-occupied territories of Singapore, Malaya, North Borneo, Sarawak and Brunei between 1942 and 1945.
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 ...
Due to the inferior quality of these bills, they were easily mutilated. The Japanese-sponsored Second Philippine Republic under President José P. Laurel outlawed possession of guerrilla currency and declared a monopoly on the issuance of money and anyone found to possess guerrilla notes could be arrested or even executed.
The pound was one of several issues of Japanese invasion money used during World War II. One pound was subdivided into 20 shillings. Consisting of only four denominations, the Oceanian pound was the shortest set (i.e., total number of denominations) issued. Only notes for £1, 10/–, 1/– and 1 / 2 /– were issued
The Japanese invasion money used in the Netherlands Indies was first denominated in guilder (1942) [17] and later in Roepiah (1944–45). [18] The guilder issue bears the payment obligation "De Japansche Regeering Betaalt Aan Toonder" (The Japanese Government pays to the bearer) on notes one-half guilder and above. [19]