5 Pesos (½ Condor)

Talleres de Especies Valoradas — the Chilean state security printing works — had been producing the country's banknotes in-house since the 1920s, a deliberate move toward printing independence that distinguished Chile from most of its neighbors, who still relied on American Bank Note Company or Bradbury Wilkinson. The ½ Condor denomination reflects the dual naming system Chile maintained during this period, where peso amounts ran alongside the older Condor unit at a fixed ratio of 10 pesos to 1 Condor.

The 1944–1947 date range spans the final years before Chile's 1947 monetary reforms began tightening emission controls in response to wartime inflation pressure.