Banknotes from the Reformed Government of the Republic of China

The Reformed Government of the Republic of China was a Chinese puppet state created by Japan that existed from 1938 to 1940 during the Second Sino-Japanese War. The regime had little authority or popular support, nor did it receive international recognition even from Japan itself, lasting only two years before it was merged with the Provisional Government into the Reorganized National Government of the Republic of China under Wang Jingwei.
Wikidata: Q708865

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Yen (1938-1941)

1 Fen (Federal Reserve Bank of China)
27 (1938)

Standard banknote
97 × 53 mm
P# J46, N# 214295
5 Cents (Central Reserve Bank of China)
29 (1940)

Standard banknote
83 × 49 mm
P# J2, N# 259334
20 Cents (Central Reserve Bank of China)
29 (1940)

Standard banknote
112 × 57 mm
P# J4, N# 254335
50 Cents (Central Reserve Bank of China)
(1943)

124 × 66 mm
P# J18, N# 241812
1 Yuan (Federal Reserve Bank of China)
27 (1938)

Standard banknote: 1938 (1939) Issue

P# J61, N# 242692
1 Yuan (Central Reserve Bank of China)
29 (1940)

Standard banknote
146 × 78 mm
P# J8, N# 224767
1 Yuan (Federal Reserve Bank of China)
(1941)

Standard banknote
149 × 70 mm
P# J72, N# 215518
Available for swap 1 Chiao / 10 Fen (Federal Reserve Bank of China)
27-29 (1938-1940)

Standard banknote
100 × 56 mm
P# J48, N# 224638
10 Yuan (Central Reserve Bank of China)
1940

Standard banknote
163 × 81 mm
P# J12, N# 204393