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After World War II, an organization called "The Japanese War Notes Claimants Association of the Philippines, Inc." (JAPWANCAP) was founded on 8 January 1953. Its purpose was to pressure the Philippine and U.S. governments to redeem or pay a fraction of the value of the Japanese military issues of currency for the Philippines.
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 ...
The 5 sen note (五銭紙幣) was a denomination of Japanese yen that was issued nonconsecutively from 1944 to 1948 in paper form. Five sen notes were worth one-twentieth of a yen, making them the lowest subsidiary yen banknote ever made. These notes were broken up into two types, which were issued before and after World War II.
Rundell, Walter (1961). "Currency Control by the United States Army in World War II: Foundation for Failure". Pacific Historical Review. 30 (4): 381– 399. doi:10.2307/3636424. JSTOR 3636424. Walsh, Brian (June 2024). The "Rape" of Japan: The Myth of Mass Sexual Violence During the Allied Occupation. Naval Institute Press. ISBN 978-1682479308.
The Japanese government stablished a convertible bank note system by Dajo-kwan Notification No. 18 in May 1884. [35] Concurrently, the amount of old paper currency in circulation decreased allowing the amount of silver reserves to grow. This drove up the value of paper currency until it was about equal to that of silver coins by the end of 1885.
The 10 sen note (十銭紙幣) was a denomination of Japanese yen issued in four different series from 1872 to 1947 for use in commerce. Meiji Tsūhō notes are the first modern banknotes issued after Japanese officials studied western culture.
The value of the pre-occupation currency was restored. Preceded by: Sarawak dollar Location: present day Sarawak, Malaysia Reason: fall of Borneo in the hands of Japan in World War II. Ratio: at par with the Malayan dollar: Currency of the Kingdom of Sarawak 1942 – August 1945 Succeeded by: Sarawak dollar Location: present day Sarawak ...
After the Battle of Timor, the Japanese decreed, through their "Edital of 24 February 1942", that the guilder also circulate in Portuguese Timor, replacing the Timorese pataca. [7] In March 1943, the Japanese occupation government ceased issuing military notes; at the time, military currency to the value of 353 million guilder was in ...