1 Peso

The Bohol Emergency Currency Board was one of dozens of provincial and municipal currency authorities that sprang up across the Philippine islands following the Japanese invasion of December 1941. With the Commonwealth peso in short supply and Japanese military scrip being forced into circulation, local governments on islands like Bohol were effectively left to fend for themselves financially. These emergency boards operated under improvised conditions — often using whatever paper stock and printing equipment was locally available.

Bohol's issues are among the more obscure of the Philippine guerrilla and emergency currency series. Most surviving examples show heavy handling; the paper used was rarely archival quality to begin with.