MYKOYNS
Philippine Numismatics
JAPANESE OCCUPATION CURRENCY
Japanese Occupation Currency in the Philippines: Wartime Banknotes and Emergency Issues (1941–1945)
The outbreak of World War II brought major changes to Philippine currency. Commonwealth money was replaced by Japanese-issued occupation currency.
Known as Japanese Invasion Money (JIM), this fiat currency quickly lost value due to inflation, earning the nickname “Mickey Mouse money.”
yaman ng pilipinas
Key Developments at a Glance
Key changes that defined wartime Philippine currency.
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Fiat currency issued by Japanese military.
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Rapid inflation → high denomination notes.
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Widely distrusted by population
Why This Matters for Collectors
Understanding this period helps collectors identify wartime issues and their historical significance.
Collector Insight
Japanese Invasion Money is widely collected for its historical significance, especially high-denomination notes.
Explore Occupation Banknotes and Medals
Discover the banknotes and medals issued during the Japanese occupation.
Explore the banknotes issued by the Japanese military administration, including the different wartime series and denominations produced during the occupation (1942-1945).
Discover commemorative medals issued by the Japanese military during World War II to mark campaigns and victories during the occupation of the Philippines (1941-1942).
Other Wartime Currency in the Philippines
Emergency and guerrilla notes circulated outside Japanese control, forming a parallel wartime system.
