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1 Yuan Bank of Central China

Issuer Bank of Central China
Year 1945
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Shape Rectangular
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Obverse lettering 華中銀行
壹圓
中華民國三十四年
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Reverse lettering THE BANK OF CENTRAL CHINA
ONE YUAN
1945
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The Bank of Central China was a Japanese-sponsored institution established in 1938 to manage currency in the occupied central Chinese territories. By 1945, the bank's notes were circulating in an economy under severe strain — Allied advances had disrupted supply chains and Japanese military expenditure had pushed inflation well beyond any figure the official exchange rates acknowledged.

Pick S3361 falls into the "S" series, catalogued as a regional or provisional issue rather than a central government emission. Whether this note saw meaningful civilian circulation in its final months before Japan's surrender in August 1945, or was largely rendered worthless before it could, is a question the survival rate doesn't cleanly answer.

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