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1 Yuan Bank of Shansi, Chahar, and Hopei
| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1939 |
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| Value | Log in to see details |
| Currency | Yuan (1935-1946) |
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|---|---|
| Obverse lettering | 晉察冀邊區銀行 壹圓 一律通用 公私收項 E 087733 中華民國二十八年 |
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| Reverse lettering | BANK OF SHANSI CHAHAR & HOPEI LOCAL CURRENCY 1939 |
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| Comments |
The Bank of Shansi, Chahar and Hopei — known in Chinese as Jindong Yinhang — was established in 1937 under Japanese occupation authority as a tool for currency displacement in northern China. Its notes were designed to replace the fabi issued by the Nationalist government's Central Bank, deliberately draining silver and hard currency from the occupied territories through forced exchange at artificial rates.
By 1939 the bank's note circulation had expanded aggressively across all three provinces. Wartime paper quality was inconsistent across the series, and humidity damage is disproportionately common in survivors.