100 Yen

The Bank of Taiwan operated as the de facto central bank for Japan's colonial administration on the island, and by 1945 the currency system was under severe strain — wartime inflation had already rendered smaller denominations nearly useless for daily transactions. This high-denomination note was issued in the final months of Japanese control, well after Allied naval blockades had disrupted supply chains and the colonial economy was effectively in collapse.

Taiwan reverted to Chinese Nationalist administration in October 1945. Notes from this terminal wartime issue were rapidly displaced by the New Taiwan Dollar series, and most surviving examples show heavy circulation wear from that chaotic transitional period.