1 Peso

The Negros Emergency Currency Board was one of several provincial bodies established across the Philippine islands during the Japanese occupation to keep local economies functional after the occupying forces displaced existing currency supplies. Negros Occidental operated with considerable autonomy during this period, and the emergency notes issued there were backed informally by the provincial government rather than any banking institution.

These guerrilla-era notes were printed under difficult conditions with locally available materials, and paper quality varies considerably across surviving examples. Japanese authorities considered possession of such notes an act of resistance.