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20 Centavos
| Issuer | Leyte Provincial Board / Leyte Emergency Currency Board |
|---|---|
| Year | 1943 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TWENTY CENTAVOS ISSUED BY THE LEYTE PROVINCIAL BOARD BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES CENT 20 AVOS ENRIQUE POTENTE PROV. AUDITOR PROCESO KADAVERO - FILEMON SAAVEDRA PROV. TREASURER PROV. FISCAL LEYTE EMERGENCY CURRENCY BOARD |
| Reverse description | Log in to see details |
| Reverse lettering | THE COMMONWEALTH GOVERNMENT OF THE PHILIPPINES WILL PAY THE BEARER CENT 20 AVOS UPON TERMINATION OF EMERGENCY SERIES A OF 1943 A |
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| Comments |
One of dozens of guerrilla currency issues that proliferated across the Philippine provinces following the Japanese occupation of 1942. The Leyte Emergency Currency Board was established by local civil and military authorities to maintain a functioning economy in areas outside Japanese control — paper money printed under occupation conditions, with whatever materials were at hand, backed by nothing more than the authority of a provincial government operating in the field.
Three signatories rather than two is worth noting: the inclusion of the Provincial Fiscal alongside the Auditor and Treasurer reflects an improvisational governance structure trying to project legitimacy.