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1 Peso

Uitgever Japanese Government (Japanese Occupation of the Philippines)
Jaar 1942
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen 154 × 67 mm
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde THE JAPANESE GOVERNMENT ONE PESO 大日本帝國政府 1 PH
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten P#106a - issued note buff colored paper
P#106x - allied counterfeit left: genuine with lines that do not touch each other at upper left on front right: counterfeit with two lines joining
Opmerkingen

The Japanese military administration in the Philippines began issuing occupation currency almost immediately after Manila fell in January 1942, with this 1 Peso note among the earliest releases. The notes were backed by nothing and the population knew it — Filipinos quickly dubbed the entire series "Mickey Mouse money," a term that spread fast and stuck. Merchants would accept it under duress but priced goods to account for its worthlessness, and black market exchange rates against pre-war Commonwealth pesos were punishing from the start.

Hyperinflation gutted purchasing power long before liberation. By 1944, a single egg cost several pesos in occupation currency.

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