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100 Yuan
| Issuer | Federal Reserve Bank of China |
|---|---|
| Year | 1941 |
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| Value | Log in to see details |
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| Shape | Rectangular |
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| Reverse description | The reverse is printed in deep burgundy-red on a cream ground and is dominated by two large symmetrical guilloche rosette panels flanking the center, each bearing the Chinese denomination characters 壹百圓 within an interlocking geometric framework. The numeral "100" is printed in large figures at the center, with the English legend "ONE HUNDRED YUAN" set in a rectangular tablet along the lower margin. The bank title 中國聯合準備銀行 repeats across the top border, and corner numerals "100" appear in all four angles within ornate cartouches. |
| Reverse lettering | 行銀備準合聯國中 壹 壹 百 百 圓 圓 ONE HUNDRED YUAN |
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| Comments |
The Federal Reserve Bank of China was a Japanese-controlled institution established in 1938 to manage currency in the occupied territories of northern China. Its notes circulated alongside — and were deliberately used to displace — the Nationalist fabi, part of a broader Japanese strategy to destabilize Chiang Kai-shek's monetary system by flooding occupied zones with competing paper.
By 1941, inflation in occupied northern China was accelerating sharply, driving the need for higher denominations. Notes from this issuer are sometimes found with Japanese military administrative stamps or local merchant chops, added during circulation in specific districts.