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1000 Yuan Bank of Shansi, Chahar, & Hopei
| Issuer | Bank of Shansi, Chahar & Hopei |
|---|---|
| Year | 1947 |
| Type | Log in to see details |
| Value | 1000 Yuan |
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|---|---|
| Obverse lettering | 晉察冀邊區銀行 壹仟圓 仟壹 民國三十六年 |
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| Reverse lettering | BANK OF SHAHSI CHAHAR & HOPEI 壹仟圓 1000 ONE THOUSAND YUAN 1947 |
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| Comments |
The Bank of Shansi, Chahar & Hopei was a Communist-controlled regional bank established to consolidate financial administration across the Jin-Cha-Ji Border Region. By 1947 the civil war between the Nationalists and the CCP was entering its decisive phase, and high-denomination notes like this 1000 Yuan issue were a direct response to accelerating inflation — the same inflationary spiral was simultaneously destroying confidence in Nationalist fiat currency, which the Communists actively exploited as propaganda.
Regional border-region banks issued in parallel, each with separate currency systems that were only unified into the Renminbi in 1948.