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10 Yuan
| Issuer | Central Bank of Manchukuo |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 10 Yuan |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 10 10 YUAN 10 YUAN |
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| Reverse lettering | 滿洲中央銀行 拾圓 |
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| Comments |
Manchukuo's Central Bank was technically an independent institution, but by 1944 it operated entirely under Japanese military-financial control, with note issuance driven by wartime procurement needs rather than any conventional monetary policy. The bank had long since abandoned meaningful reserve backing; this issue, like others from the final war years, was inflationary paper serving an occupation economy that was actively being stripped of industrial resources for the Japanese war effort.
P#J137 is among the later Manchukuo emissions before the Soviet invasion of August 1945 rendered the currency worthless overnight. Notes from this period frequently show evidence of rushed production.