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2 Pesos

Issuer Misamis Occidental Currency Committee
Year 1942
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Value 2 Pesos
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Obverse lettering THE MISAMIS OCCIDENTAL AGENCY OF THE PHILIPPINE NATIONAL BANK WILL PAY TO THE BEARER THE AMOUNT OF THIS PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE TWO PESOS ISSUED BY MISAMIS OCCIDENTAL CURRENCY COMMITTEE SERIES OF 1942 F. D. PACANA PROVINCIAL TREASURER CHAIRMAN RAMON O. NOLASCO PROVINCIAL FISCAL MEMBER I. BARBASA PROVINCIAL AUDITOR MEMBER
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Signature(s) F. D. Pacana (Provincial Treasurer, Chairman), Ramon O. Nolasco (Provincial Fiscal, Member) and I. Barbasa (Provincial Auditor, Member)
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One of dozens of emergency currency issues that proliferated across Philippine provinces following the Japanese invasion in late 1941. The Misamis Occidental Currency Committee was a civilian body operating under the Commonwealth government-in-exile framework, empowered by provincial authorities to issue scrip when Federal Reserve Notes became unavailable or impractical in guerrilla-held territory. These notes circulated in direct defiance of Japanese occupation currency, which the military administration was simultaneously trying to impose as the only legal tender.

The three signatories — Treasurer, Fiscal, and Auditor — reflect the accountability structure deliberately built into these provincial issues to maintain public confidence. Pacana's name appears on multiple Misamis Occidental denominations from this period.

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