100 Pesos

The President Quezon's Own Guerillas (PQOG) were a recognized guerrilla unit operating under II Corps during the Japanese occupation of the Philippines, and their emergency currency was part of the broader wartime effort to maintain a functioning local economy in resistance-held areas. Most Philippine guerrilla currencies were never formally sanctioned by the exiled Commonwealth government, but the PQOG issues carried enough institutional legitimacy — tied as they were to the Quezon name — that they circulated with relative confidence among the local population.

Guerrilla notes of this type were printed under improvised conditions, often on whatever paper stock was available, which means paper quality and ink consistency vary considerably across surviving examples. Counterfeiting by collaborationist elements was a known problem across all Philippine guerrilla issues.