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20 Centavos

Issuer Municipal Government of Macrohon, Leyte
Year 1941-1945
Type Local banknote
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Obverse description Letterpress-printed note with a decorative border of geometric and floral cornerpiece motifs. The municipal seal of Macrohon is centred at the top, flanked by the issuing authority inscription. At lower left, a large circular violet overprint reads 'TWENTY CENTAVOS', while a manuscript signature appears at centre-bottom above the designation 'MPL. TREASURER'.
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Reverse lettering MACROHON EMERGENCY NOTE CENT 20 AVOS NO. COUNTERSIGNED MAYOR AUDITOR
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Comments

Municipal emergency currency from Leyte issued during the Japanese occupation of the Philippines. When the Japanese Military Administration imposed its own currency — the so-called "Mickey Mouse money" — local governments and guerrilla units throughout the Visayas issued fractional scrip to keep small commerce functioning, often under direct threat of punishment from occupying forces.

Macrohon is a small coastal municipality on the southern tip of Leyte. That a community of this size produced its own denominated scrip is less remarkable than it sounds — dozens of Leyte municipalities did the same, and the survival rate of these issues is uneven at best, with many lost to the humidity and violence of the period.

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