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5 Centavos

Issuer Leyte Emergency Currency Board, Tacloban
Year 1942
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Shape Rectangular
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Obverse lettering TREASURY EMERGENCY CERTIFICATE
FIVE CENTAVOS
SERIES OF 1942
5
PAYABLE TO BEARER ON DEMAND
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Reverse lettering FIVE CENTAVOS
LEYTE EMERGENCY CURRENCY BOARD
TACLOBAN, PHILIPPINES
Alberto Santa Cruz
Prov. Auditor
Chairman
I. D. Jimenez
Prov. Treasurer
Member
Quintin Paredes, Jr.
Prov. Fiscal
Member
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Comments

The Leyte Emergency Currency Board was one of several provincial boards authorized under the Philippine Commonwealth government's emergency currency program following the Japanese invasion in late 1941. As banking infrastructure collapsed and Japanese-issued military pesos flooded the archipelago, local boards printed their own notes to keep civilian commerce functional in guerrilla-held or transitional zones. Leyte's issues are among the better-documented provincial emergencies, with Tacloban serving as the administrative hub before Japanese forces took the city in May 1942.

Quintin Paredes, Jr. — son of the prominent Philippine statesman Quintin Paredes Sr. — appears here in a junior administrative capacity, one of the few signatures on Philippine emergency currency with a verifiable family political connection.

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