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1 Peso

Issuer Aklan Emergency Currency Board
Year 1943
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Shape Rectangular
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Obverse description Plain emergency-issue note of rudimentary typeset design on unadorned paper stock, bearing the denomination figure and payable-on-demand obligation text in letterpress. The central field carries multiple lines of printed text authorizing the issue by order of the Commanding Officer, 2nd Battalion, 64th Infantry, dated February 1943. The overall layout is sparse, consistent with wartime guerrilla currency produced under field conditions in the Aklan region of the Philippines.
Obverse lettering ONE PESO PAYABLE ON DEMAND AKLAN EMERGENCY BILLS ISSUED BY ORDER OF COMMDR. 2ND BN,. 64TH INF USA ONE PESO
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Comments

The Aklan Emergency Currency Board was one of dozens of provincial and municipal currency authorities that sprang up across the Philippine islands after the Japanese occupation disrupted the existing banking system. Guerrilla-aligned local governments issued their own scrip to sustain underground economies and fund resistance operations, often printing under conditions that make consistent quality essentially impossible to guarantee.

Aklan province, on the northwestern coast of Panay, had an active guerrilla network throughout the occupation. Notes from this board are among the scarcer Panay provincial issues — many were deliberately destroyed or discarded when Japanese forces moved through the area.

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