5 Centavos – WWII The Japanese Government
This uncirculated Philippines 5 Centavos banknote is part of the 1942 series. It is black and blue in color. The front side shows the coat of arms. The back side features Guilloche patterns. This banknote has no security thread and watermark.
The Japanese military authority issued this currency to replace local currency after Japan invaded countries and colonies in World War II.
This was done under the authority of the Japanese government, which passed laws establishing the Wartime Finance Bank and the Southern Development Bank. The Wartime Finance Bank primarily financed a wide range of ventures, including hydroelectric generators and power plants. The Southern Development Bank primarily dealt with the currency and financial matters of the countries that were captured.
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.
1 in stock
100 x 48 mm
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