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词条 Manchukuo yuan
释义

  1. History

  2. Banknotes

  3. See also

  4. References

{{Infobox Currency
| currency_name_in_local = 滿洲國圓
| image_1 = File:1 Yuan - Central Bank of Manchukuo (1932-1933) 01.jpg
| image_title_1 = Central Bank of Manchou 1 yuan (1932)
| image_2 =
| image_title_2 =
| iso_code =
| using_countries = {{flagicon|Manchukuo}} Manchukuo
| subunit_ratio_1 = 1/1000
| subunit_name_1 = lí
| subunit_ratio_2 = 1/100
| subunit_name_2 = fēn
| subunit_ratio_3 = 1/10
| subunit_name_3 = Chiao/jiǎo
| symbol =
| symbol_subunit_1 =
| plural =
| plural_subunit_1 =
| used_coins = 5 lí, 1, 5 fēn, 1 chiao/jiǎo
| nickname =
| used_banknotes = 1, 5, 10, 100, 1000 yuan
| issuing_authority = Central Bank of Manchou
| issuing_authority_website =
| printer =
| mint =
| obsolete_notice = Y
}}

The Manchukuo yuan (滿洲國圓) was the official unit of currency of the Empire of Manchuria, from June 1932 to August 1945.

The monetary unit was based on one basic pure silver patron of 23.91 grammes. It replaced the Chinese Haikwan tael, the local monetary system in common and regular use in Manchuria before the Mukden Incident, as legal tender.

History

Initially banknotes and coins were produced and minted by the Bank of Japan, but were later issued from the mint of the Central Bank of Manchou in the Manchukuo capital of Hsinking (now Changchun) with branch offices in Harbin, Mukden, Kirin (Jilin), and Tsitsihar. The Central Bank of Manchou was opened on 1 July 1932 with a ceremony attended by the Emperor of Manchukuo in person, the new central bank acquired the assets and continued the responsibilities of the previous four banknote issuing banks in the region of Manchuria.

The currency that circulated in Manchuria prior to the introduction of the Manchukuo yuan consisted of the banknotes of various provincial banks as well as commercial banks, silver smelting shops (known as yinchang), and pawn shops. Types of old banknotes recovered and later destroyed included high denomination banknotes, banknotes denominated in copper coins, official provincial notes issued by the banks of the provincial government, small denomination coin notes, diào denominated notes, Chiao/jiǎo denominated notes and others. The 15 different types of currency that circulated in Manchuria prior to the introduction of the Manchukuo yuan were allowed to be exchanged for the new currency by degree for a period of three years, using this method ninety-five point four percent of all previous Manchurian currency that was still in circulation, and the destruction of these old banknotes was handled by officials from the Department of Finance of the government of Manchukuo. The old banknotes were first shredded by machines and then burned, but the number of banknotes that had to be destroyed proved so numerous and new hearths would have to be constructed to burn all the old paper money.[1]

Due to worldwide fluctuations in the price of silver during the 1930s, Manchukuo took the yuan off the silver standard in 1935 and subsequently pegged the yuan to, and later reached approximate exchange parity with, the Japanese yen. In 1940 the Manchukuo yuan was being used to measure Manchukuo exports and imports to countries that included America,[2] Germany and Japan.[3]

Throughout this period about half the value of the issued notes was backed by specie reserves. The notes issued were in five denominations, one hundred, ten, five and one yuan and five chiao (one-half yuan), and typically depicted Qing dynasty rulers of China on the obverse. To keep up with the inflationary pressures typically experienced by Japanese-controlled areas towards the end of World War II, a 1,000 yuan note was issued in 1944.

The Yuan was subdivided into 10 chiao (角), 100 fen (分) or 1000 li (釐). Coins were issued in denominations of 5 li up to 10 fen.

In 1944 and 1945, Manchukuo issued coins (1 and 5 fen) made of what the Standard Catalog of World Coins describes as "red or brown fiber", resembling cardboard. These are a rare example of non-metallic coins.

As a matter of policy, the United States prevented any trading in the currency. This made it more difficult for the nation to access the American credit market.[4]

In 1948, after the end of World War II, approximately 12 billion yuan of Central Bank of Manchou notes were redeemed by the Tung Pei Bank.

Banknotes

Initially banknotes were printed by the Japanese but also by the Manchu Imperial Printing Bureau after the old Chinese mint in the city of Mukden was repaired.

Banknotes of the Manchukuo yuan (1932-1933 issue)
ImageValueMain ColorDescriptionDate of issue
Obverse Reverse Obverse Reverse
50 fen (5 chiao) Dark blue and ochre Denomination in Chinese
1 yuan Blue and yellow Flag of Manchukuo; building Denomination 1932-1933
5 yuan Dark brown and tan Flag of Manchukuo; building Denomination 1933
10 yuan Blue and orange Flag of Manchukuo; building Denomination 1932
100 yuan Blue and yellow-orange Flag of Manchukuo; building Denomination 1933
Banknotes of the Manchukuo yuan (1935-1938 issue)
ImageValueMain ColorDescriptionDate of issue
Obverse Reverse Obverse Reverse
5 chiao (50 fen) Brown, green and lilac Marshal Chao Kung Ming ("God of Wealth") Pavilion 1935
1 yuan Black, green and yellow T'ien Ming Imperial Palace, Hsinking 1937
5 yuan Black and brown Bearded man Building complex, Hsingking 1938
10 yuan Black and brown Marshal Chao Kung Ming ("God of Wealth") Headquarters of the Central Bank of Manchou, Hsingking 1937
100 yuan Black and green Ta Ch'eng Tien building, Confucius Sheep 1938
Banknotes of the Manchukuo yuan (1944 issue)
ImageValueMain ColorDescriptionDate of issue
Obverse Reverse Obverse Reverse
5 chiao (50 fen) Blue-green and pale blue Ta Ch'eng Tien building Chinese dragon 1944
1 yuan Black, green and violet T'ien Ming Denomination in Chinese and Mongolian 1944
5 yuan Black and orange Bearded man Building complex, Hsingking 1944
10 yuan Black and green Marshal Chao Kung Ming ("God of Wealth") Headquarters of the Central Bank of Manchou, Hsingking 1944
100 yuan Black and blue Ta Ch'eng Tien building, Confucius Silos 1944
Banknotes of the Manchukuo yuan (1941-1945 issue)
ImageValueMain ColorDescriptionDate of issue
Obverse Reverse Obverse Reverse
5 fen Blue-green Imperial Seal of Manchukuo; denomination Tower 1945
1 chiao Yellow-orange Imperial Seal of Manchukuo House 1944
5 chiao (50 fen) Green, pink and orange Marshal Chao Kung Ming ("God of Wealth") Pavilion 1941
100 yuan Black and blue Ta Ch'eng Tien building, Confucius Silos 1945
1,000 yuan Dark brown and violet Ta Ch'eng Tien building, Confucius Headquarters of the Central Bank of Manchou, Hsingking 1944

See also

{{Portal|Money|Numismatics|World War II}}
  • Central Bank of Manchou
  • Qing dynasty coinage

References

1. ^The Currency Collector JAPANESE SPONSORED COIN AND BANK NOTE ISSUES FOR THE OCCUPIED REGIONS OF CHINA by John E. Sandrock. Retrieved: 11 April 2018.
2. ^Future of American Trade with Manchukuko, Roy H Akagi, 3 June 1940, accessed September 2009
3. ^[https://books.google.com/books?id=lzisAAAAIAAJ&pg=PA143&lpg=PA143&dq=%22Manchukuo+yuan%22&source=bl&ots=jxY00UeL46&sig=0c6yIEkXzncrFjha-7gHLd67qv0&hl=en&ei=_XvCSuz2NMW24QbI2s2LCA&sa=X&oi=book_result&ct=result&resnum=7#v=onepage&q=%22Manchukuo%20yuan%22&f=false Germany and republican China], William C. Kirby 1984, p143, accessed September 2009
4. ^{{cite book|last1=Barnhart|first1=Michael A|title=Japan Prepares for Total War: The Search for Economic Security, 1919–1941|date=July 8, 1988|publisher=Cornell University|location=1094|isbn=978-0801495298}}
  • {{numis cite SCWC|date=1991}}
  • {{numis cite SCWPM|date=1994}}
{{Chinese currency and coinage}}

6 : Currencies of China|Modern obsolete currencies|Currencies introduced in 1932|1945 disestablishments in China|Economy of Manchukuo|Chinese numismatics

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