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| BACKWARD | INDEX | HISTORY |
| Period of the "Yen"---26. New Banknotes after the War | |
| Bank of Japan note attached with a certificate sticker(to yen)@(1946) | |
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 a certificate sticker magnified |
[ scale/A4 ] |
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New banknotes were produced by attaching certificate stickers during the conversion into the new currency in Showa 21 (1946).
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In accordance with the emergency measures intended to surpress the post-war hyper inflation, people were obliged to deposit their money by a certain date in monetary institutions for a certain period. Furthermore, banknotes then in circulation were made invalid. Withdrawal of the frozen deposits in the form of the new banknotes was then allowed to a limited extent. But not enough new banknotes were printed for withdrawal. To cope with this, existing banknotes with certificate stickers (See above) were regarded as new banknotes and circulated until the end of October in that year as a makeshift arrangement. |
