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1 Peso
| Issuer | Leyte Emergency Currency Board |
|---|---|
| Year | 1943 |
| Type | Local banknote |
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| Obverse description | The face is printed in red-brown on plain paper, with a simple rectangular border frame enclosing the central text block. The denomination ONE PESO is stated twice in large letterpress type, with an authority inscription referencing issuance by the Leyte Provincial Board under the President of the Philippines. A serial number appears in the lower centre, accompanied by multiple manuscript signatures of provincial officials, including the Provincial Treasurer and members of the Leyte Emergency Currency Board. |
|---|---|
| Obverse lettering | ONE PESO ISSUED BY THE LEYTE PROVINCIAL BOARD BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ONE PESO LEYTE EMERGENCY CURRENCY BOARD |
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| Comments |
The Leyte Emergency Currency Board was one of dozens of guerrilla currency authorities that sprang up across the Philippine islands after the Japanese occupation cut off the Commonwealth government's financial infrastructure in 1942. These local boards operated under varying degrees of military and civilian coordination, issuing notes to keep wages paid, supplies moving, and loyalty to the resistance credible. Leyte's issues are among the better-documented provincial guerrilla currencies, with surviving authorizations traceable through postwar U.S. Army records.
Notes from this board were later subject to the U.S.-backed redemption program, though approval was inconsistent and many claimants were denied.