50 Centavos

发行方	Province of Iloilo
年份	1944
类型	Standard circulation banknote
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背面描述	Plain letterpress reverse printed in black, with the numeral '50' repeated in ruled boxes at each corner. A repeating ornamental border of 'm'-shaped units frames all four sides, while 'CENTAVOS' is set vertically in the side margins. The central text block carries the full certificate authority legend, including the issuance date of March 2, 1944, and reference to the Governor of Panay and Romblon.
背面铭文	THE PROVINCE OF ILOILO FIFTY CENTAVOS PROVINCIAL TREASURY CERTIFICATE Issued by the PROVINCE OF ILOILO Under the Authority of the GOVERNOR OF PANAY AND ROMBLON March 2, 1944
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备注	The Province of Iloilo issued this note under Japanese occupation, when the puppet Philippine Executive Commission and later the Second Philippine Republic had collapsed local banking infrastructure entirely. Provincial and municipal governments across the Visayas resorted to emergency guerrilla or civilian scrip to keep local economies functioning — Iloilo's issues fall into this chaotic category of wartime necessity currency, authorized at the local level rather than by any central monetary authority. Survival rates for Iloilo provincial scrip are uneven. Much was deliberately destroyed after liberation to prevent Japanese forces from exploiting remaining stocks.

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