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5 Pesos
| Issuer | The Japanese Government |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE JAPANESE GOVERNMENT FIVE PESOS 5 PD |
| Reverse description | Log in to see details |
| Reverse lettering | FIVE FIVE PESOS 5 |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Issued under Japanese military occupation of the Philippines, this note was part of a deliberate currency strategy to displace the Philippine Commonwealth peso and finance the occupation without drawing on Japanese reserves. The "Japanese Government" label was a fiction of convenience — actual oversight ran through the Japanese Military Administration, and the notes had no backing whatsoever. Filipinos quickly dubbed the entire occupation currency series "Mickey Mouse money," a name that stuck as hyperinflation accelerated toward the war's end.
By 1944, a single egg cost several pesos in this currency. The P#107A designation distinguishes a signature or serial variety within the broader 1942 five-peso issue.