2 Pesetas Asturias y León

The Consejo de Asturias y León was the regional governing body that administered the Asturian-Leonese enclave after the Nationalist rising of July 1936 cut it off from the rest of Republican Spain. Surrounded by Francoist territory and accessible only by sea, the region issued its own emergency currency throughout 1937 because the Republic's central bank could not reliably supply notes. This 2 Pesetas was part of that autonomous emission — a direct administrative response to isolation, not to any monetary policy decision from Madrid.

The enclave fell to Franco's forces in October 1937. Notes that had not been redeemed or destroyed simply ceased to have any function, and survival rates are closely tied to how quickly different localities were overrun.