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10 Centavos

Issuer Aklan Emergency Currency Board
Year 1942
Type Local banknote
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Obverse lettering TEN CENTAVOS ON DEMAND AKLAN EMERGENCY BILLS ISSUED BY ORDER OF COMMDR. 2ND BN,. 64TH INF USA FIRST ISSUE 10 CENTAVOS 10
Reverse description Reverse is essentially plain, printed on the same coarse white paper stock with only a faint blue-green guilloche underprint visible across the surface, leaving the field largely blank in accordance with the note's austere emergency wartime production.
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Comments

The Aklan Emergency Currency Board was one of dozens of local Philippine authorities that printed emergency guerrilla currency during the Japanese occupation. Aklan, a province in the Visayas, operated outside Japanese-controlled banking channels — these notes functioned as a parallel economy, backed by nothing more formal than provincial authority and the expectation of eventual Allied liberation.

Low-denomination centavo notes like this saw the hardest circulation, passed hand to hand for basic goods when coins disappeared from daily use. The survival rate for small Aklan issues is poor precisely because of that heavy handling.

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