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200 Yuan Central Bank of China

Issuer Central Bank of China
Year 1945
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Reference(s) P#279
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Obverse lettering 行銀央中 圓百貳 年四十三國民華中
(Translation: Central Bank of China Two Hundred Yuan Printed in the 34th year of the Republic of China)
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Reverse lettering 200 圓佰貳
(Translation: Two Hundred Yuan)
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Comments

The 200 Yuan denomination was introduced in 1945 as wartime inflation forced the Central Bank of China to keep pace with rapidly collapsing purchasing power. By this point the Nationalist government's currency, the Fabi, was deteriorating fast — the 200 Yuan note, a figure that would have seemed extraordinary just a few years earlier, was already struggling to cover basic transactions in occupied and liberated areas alike.

Printed domestically by the Central Bank of China Printing Works rather than contracted abroad as many earlier Nationalist issues were, the production quality reflects the resource constraints of the final war years.

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