10 Pesos

The Leyte Emergency Currency Board was one of several provincial bodies authorized to issue guerrilla currency after the Japanese occupation of the Philippines began in late 1941. These notes circulated in areas where resistance forces maintained enough control to make local scrip functional — a serious undertaking, not a symbolic gesture. Leyte's issues were among the better-organized provincial emissions, backed loosely by pre-war provincial funds and whatever assets the local government could still credibly claim.

Japanese military authorities declared possession of guerrilla currency punishable by death. That enforcement reality shaped how these notes circulated — passed quickly, hidden often, rarely kept long.