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5 Yuan Central Bank of China
| Issuer | Central Bank of China |
|---|---|
| Year | 1941 |
| 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 | 152 x 74 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 行銀央中 圓伍 (Translation: Central Bank of China Five Yuan) |
| Reverse description | Log in to see details |
| Reverse lettering | THE CENTRAL BANK OF CHINA FIVE YUAN NATIONAL CURRENCY 1941 PRINTED BY DE LA RUE & COMPANY LIMITED, LONDON |
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| Comments |
By 1941 the Central Bank of China had relocated its operations inland to Chongqing following the Japanese advance, yet continued ordering from Thomas De La Rue in London — a logistically complex arrangement sustained through wartime shipping routes. Delivery of finished notes to Free China was genuinely precarious at this stage of the war.
P#236 belongs to a series that saw enormous print runs to compensate for accelerating inflation, itself driven by wartime expenditure and the Japanese military's deliberate flooding of occupied territories with counterfeit Chinese currency to destabilize the economy. The note was effectively obsolete before adequate distribution was possible in some regions.