5 Pesos

Philippine municipal emergency currency issued during the Japanese occupation is a sprawling field, but Zamboanga's notes occupy a particularly grim chapter. The city fell to Japanese forces in May 1942, and any locally issued emergency peso scrip from that year was produced under extreme duress — either just before the occupation or in the chaotic weeks immediately surrounding it, when civilian authorities were still attempting to keep a functioning economy alive.

Provincial and municipal emergency notes from this period were authorized under Commonwealth of the Philippines directives, but physical printing was improvised. Many Mindanao issues used whatever paper stock and printing equipment survived the initial military disruption.