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During World War II in the Philippines, the occupying Japanese government issued a fiat currency in several denominations; this is known as the Japanese government–issued Philippine peso (see also Japanese invasion money). [1]
A photographer kneels on a street littered with invasion money, Rangoon, 1945. Japanese invasion money, officially known as Southern Development Bank Notes (Japanese: 大東亜戦争軍票 Dai Tō-A Sensō gunpyō, "Greater East Asia War military scrip"), was currency issued by the Japanese Military Authority, as a replacement for local currency after the conquest of colonies and other states ...
Japanese currency has a history covering the period from the 8th century CE to the present. After the traditional usage of rice as a currency medium , Japan adopted currency systems and designs from China before developing a separate system of its own.
During World War II, the Japanese Military issued invasion currency for Netherlands Indian roepiah, Burmese rupee, and Singapore, Malaya, North Borneo, Sarawak and Brunei. The Japanese occupation of the Philippines (1942–45) was no different. This is a complete set of Japanese government-issued Philippine peso.
The Philippine peso is ultimately derived from the Spanish peso or pieces of eight brought over in large quantities by the Manila galleons of the 16th to 19th centuries. From the same Spanish peso or dollar is derived the various pesos of Latin America, the dollars of the US and Hong Kong, as well as the Chinese yuan and the Japanese yen. [1 ...
Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary. [ citation needed ] The military yen reached its peak during the Pacific War period, when the Japanese government excessively [ clarification needed ] issued it to ...
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The Japanese dollar was one of several forms of Japanese invasion money issued throughout the newly expanded Empire of Japan. Similar currencies were issued in Burma (as the Japanese rupee ), the Dutch East Indies (as the Japanese gulden/roepiah ), the Philippines (as the Japanese peso ) and various Melanesian and Polynesian territories (as the ...