1 Peso

Nueva Vizcaya's wartime emergency notes were issued under Japanese occupation, when the provincial government — still nominally functioning under Filipino officials — needed a local medium of exchange after regular Philippine Commonwealth currency became scarce and unreliable. The three signatories reflect the administrative structure that persisted under occupation: a treasurer, a governor, and an auditor or similar provincial officer, each adding a layer of accountability to what was, in practice, a desperate improvisation.

Provincial guerrilla currency and Japanese-sanctioned emergency notes from this period are frequently confused. Nueva Vizcaya's issues appear to have been locally authorized rather than guerrilla-produced, though the distinction was rarely clean in the interior mountain provinces of Luzon in 1942.