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10 000 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1947 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 中央銀行 壹萬圓 中華民國三十六年印 (Translation: Central Bank of China Ten Thousand Yuan Printed in the 36th year of the Republic of China) |
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| Reverse lettering | 壹萬圓 10000 (Translation: Ten Thousand Yuan) |
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| Comments |
By 1947, the Central Bank of China was printing in denominations that would have been unimaginable five years earlier. The 10,000 Yuan note was a direct product of runaway wartime inflation that never stopped accelerating after Japan's surrender — the currency was simply chasing prices that the government could not control. Within a year of this note's issue, the denomination itself was obsolete, overtaken by notes of one million Yuan and beyond.
The 1948 currency reform replaced the Fabi system with the Gold Yuan at a rate of 3,000,000 to 1, effectively wiping out any savings held in notes like this one.