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100 Pesos
| Issuer | Philippine National Bank / Iloilo Currency Committee |
|---|---|
| Year | 1942 |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is dominated by a large central guilloche vignette enclosing the numeral 100, with the word PESOS inscribed beneath it. The Philippine National Bank title arches across the top in ornate lettering, flanked by P100 denomination tablets at upper left and right, with PESOS repeated vertically along both side borders. The text Iloilo City / Philippines appears at lower left and December 30, / 1942 at lower right, with the legend Emergency Circulating Note of 1942 running along the lower margin. |
| Reverse lettering | ONE HUNDRED PESOS PHILIPPINE NATIONAL BANK ILOILO CITY PHILIPPINES DECEMBER 30, 1942 EMERGENCY CIRCULATING NOTE OF 1942 ONE HUNDRED PESOS |
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| Comments |
Issued by the Iloilo Currency Committee in the early months of the Japanese occupation, this note was part of a broader effort by Philippine guerrilla and civil authorities to maintain a functioning local currency after Manila fell in January 1942. The Philippine National Bank's involvement gave these provincial emergency issues a degree of official legitimacy, though the printing was purely local and rudimentary — quality varied considerably depending on what paper and ink stocks were available at the time.
The Iloilo series is among the better-documented of the Philippine wartime provincial issues, but high-denomination notes like this 100 Pesos saw limited actual hand-to-hand use in a wartime economy where most transactions were small.