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100.000 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1949 |
| Type | Pattern or trial banknote |
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| Composition | Log in to see details |
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| Obverse description | Red-toned note with a central portrait vignette of Sun Yat-sen in military dress, set against a fine guilloche underprint. A map of Taiwan appears to the left of the portrait, flanked by ornamental corner rosettes bearing the denomination in Chinese characters. The issuer's name in Chinese characters is printed across the top centre. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Multicolour reverse in olive and red tones, centred on an architectural vignette of the Bank of Taiwan building rendered in fine line engraving. The English inscription THE BANK OF TAIWAN appears on a banner across the upper portion, with the numeral 100000 repeated in each lower corner. The year 1949 is inscribed within a decorative cartouche at the bottom centre. |
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| Comments |
The Bank of Taiwan's 100,000 Yuan note of 1949 belongs to the hyperinflationary death spiral of the Old Taiwan Dollar, a currency so rapidly destroyed by inflation that denominations escalated from single digits to six figures within a matter of months. The Nationalist government's retreat from the mainland brought catastrophic monetary pressure to the island, and notes like this one were essentially obsolete almost from the moment of printing.
The Old Taiwan Dollar was replaced by the New Taiwan Dollar in June 1949 at a conversion rate of 40,000 to 1 — a figure that captures just how far the currency had collapsed.