5 Centavos

Calape was one of dozens of municipalities across the Philippine provinces that issued their own emergency scrip following the Japanese occupation and the collapse of prewar Commonwealth currency infrastructure. The Calape Emergency Currency Board operated under the broader guerrilla economy that sustained civilian life in Bohol, where local authorities printed notes to keep commerce functioning without access to Manila-based banking.

Provincial emergency issues from Bohol are among the more fragile survivors of the Pacific War period — printed on whatever paper was locally available, often without the materials or equipment to produce durable notes. The 1943 date places this squarely in the occupation's middle years, before American forces returned to the central Visayas in 1945.