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5 Pesos
| Issuer | Negros Emergency Currency Board |
|---|---|
| Year | 1944 |
| Type | Standard circulation banknote |
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| Obverse description | Letterpress-printed Treasury Emergency Currency Certificate on plain uncoated paper, enclosed within a decorative border of repeating ornamental devices. The central text carries the denomination FIVE PESOS in bold capitals above the issuing authority legend Negros Emergency Currency Board, with a circular Commonwealth of the Philippines seal at right and a redemption pledge issued by authority of the President of the Philippines below. Three facsimile manuscript signatures run along the lower margin, identified by printed titles as Actg. Treasurer / Member, Governor / Chairman, and Prov. Auditor / Member, with the series date 1944 at lower left. |
|---|---|
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| Reverse description | Plain reverse printed in green ink on uncoated paper within a simple rectangular border of repeating geometric ornaments. The centre carries the large bold two-line inscription Five Philippines Pesos, with the numeral 5 and the vertical legend 5 PESOS repeated in each corner. |
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| Comments |
The Negros Emergency Currency Board was one of several provincial currency bodies established in the occupied Philippines after the Japanese invasion forced local administrations to improvise their own monetary systems. Negros Occidental, cut off from Manila and running on a war economy, needed something — anything — that could function as a medium of exchange without relying on the Japanese Military Administration's own occupation pesos, which were deeply distrusted.
By 1944, these emergency issues were under real pressure. The Japanese were tightening their grip on the island, and notes produced this late in the occupation carried genuine risk for those who printed, distributed, or simply held them.