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100 Piso
| Issuer | Bangko Sentral ng Pilipinas |
|---|---|
| Year | 1944 |
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| Currency | Peso (1857-1967) |
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|---|---|
| Obverse lettering | SA BISA NG ISANG BATAS NG KAPULUNGANG PAMBANSA NA PINAGTIBAY NG PANGULO NG REPUBLIKA NG PILIPINAS NOONG IKA 29 NG PEBRERO, 1944 BANGKO SENTRAL NG PILIPINAS SANDAANG PISO (Translation: By the effect of an act of the national assembly approved by the president of the Republic of the Philippines on February 29, 1944 Central Bank of the Philippines One hundred pesos) |
| Reverse description | Printed entirely in red on a pale yellow paper, the reverse is dominated by an intricately engraved central vignette of the numeral 100 set within an oval guilloche medallion flanked by laurel sprays. The denomination SANDAANG PISO is lettered in bold serif type below the central medallion, and BANGKO SENTRAL NG PILIPINAS arcs across the upper portion. The entire design is enclosed within a dense scalloped guilloche border with repeating 100 numerals in each corner. |
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| Comments |
Pick 116 is a Japanese Military Administration note, not a Bangko Sentral ng Pilipinas issue — the BSP wasn't established until 1949. The "1944" dating and Philippine peso denomination place this squarely within the Japanese occupation series, printed in bulk as the Pacific War entered its final, desperate phase. Japan flooded the occupied territories with these notes at volumes completely detached from any reserve backing, accelerating an inflation so severe that Filipinos eventually referred to the currency as "Mickey Mouse money."
By late 1944, a single duck could cost several hundred pesos. Notes from this period often circulated in rough condition simply because the volume was enormous and the paper quality poor.