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100 Yuan

Issuer Bank of Taiwan
Year 1946
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Size 152 × 81 mm
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Obverse lettering 行銀灣台 幣台 壹 百 圓 印年五十三國民華中 廠製印央中
(Translation: Bank of Taiwan Taiwanese currency One Hundred Yuan Printed in the 35th year of the Republic of China Central Printing and Engraving)
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Reverse lettering 100
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Comments

The Bank of Taiwan was reestablished under the Republic of China government in May 1946, shortly after Taiwan's retrocession from Japan following the Second World War. This 100 Yuan note belongs to the earliest series issued under that revived institution — printed on the mainland by the Central Printing Factory before hyperinflation on the mainland and escalating unrest on the island made the currency almost immediately inadequate.

Within two years, the New Taiwan Dollar replaced the Taiwan Yuan at a rate of 40,000 to one. First-series notes like this one had almost no useful circulation life.

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