Time Period: 1937-1945 - (Inner) Mongolian Currency Area

Timeline

  • 27.09.1937
  • Japanese ordinance on the establishment of the Bank of Southern Chaha'er (Cha-nan) as (provisional) issuing institute; effective upon constitution of the bank on 10.10.1937 in Kalgan (Zhangjiakou)
  • 10.10.1937
  • Start of issuance of overprinted Manchurian notes by the Bank of Cha-Nan, fixed against Japanese (Military) Yen at 1 : 1.
    - 20.10.1937: Demonetization of the Central Bank of China notes at 1 : 1.
  • 23.11.1937
  • Japanese ordinance on the establishment of the Bank of Inner Mongolia (Meng-Chiang) as issuing institute; effective upon constitution of the bank on 01.12.1937 in Kalgan (Zhangjiakou)
    - Jan 1938: Integration of the Bank of Cha-Nan.
  • 20.03.1938
  • Start of issuance of paper money and subsidiary coins (on 16.08.1938) by the Bank of Meng-Chiang, initially fixed against Japanese (Military) Yen at 1 : 1
    - ??.06.1938: Demonetization of the provisional notes Bank of Cha-nan and exchange into notes of the Bank of Meng-Chiang at 1 : 1.


Time Period: 1936-1945 - Northern Chinese Currency Area (for territories north of Yangzi river)

Timeline

  • 24.11.1936
  • Japanese ordinance on the establishment of the Bank of Eastern Hebei (Chi-tung) as issuing institute; effective immediately upon constitution of the bank in Tongzhou.
  • ??.04.1937
  • Start of issuance of paper money and subsidiary coins by the Bank of Chi-tung
  • 11.02.1938
  • Japanese ordinance on the establishment of the Federal Reserve Bank of China; effective upon constitution of the bank on 10.03.1938 in Beijing
    - The issuance privilege of the Bank of Chi-tung was terminated, and the bank relocated to Tianjin as pure commercial bank.
  • 10.03.1938
  • Start of issuance of paper money and subsidiary coins by the Federal Reserve Bank of China, initially fixed against Japanese (Military) Yen at 1 : 1.
    - ??.??.1940: Demonetization of the notes of the Bank of Chi-tung and exchange into notes of the Federal Reserve Bank of China at 1 : 1
    - ??.??.1941: Demonetization of the Central Bank of China notes at 1 : 2.


Time Period: 1939-1945 - Southern Chinese Currency Area (for territories south of Yangzi river)

Timeline

  • 01.05.1939
  • Japanese ordinance on the establishment of the Hua-hsing Commercial Bank as issuing institute; effective upon constitution of the bank on 15.05.1939 in Shanghai.
  • ??.06.1939
  • Start of issuance of paper money and subsidiary coins by the Hua-hsing Commercial Bank
  • 19.12.1940
  • Japanese ordinance on the establishment of the Central Reserve Bank of China; effective upon constitution of the bank on 06.01.1941 in Nanjing
    - The issuance privilege of the Hua-hsing Commercial Bank was terminated, and the bank continued as pure commercial bank.
  • 06.01.1941
  • Start of issuance of paper money and subsidiary coins by the Central Reserve Bank of China, initially fixed against Japanese (Military) Yen at 1 : 4.
    - ??.01.1941: Demonetization of the notes of the Hua-hsing Commercial Bank and exchange into notes of the Central Reserve Bank of China at 2.4 : 1
    - 31.05.1942: Begin of the demonetization of the notes the Central Bank of China at a rate of 2 : 1.


Time Period: 1945-1947 - Integration into the Nationalist Chinese Currency Area

Timeline

  • 01.11.1945
  • Start of exchange in the Southern Chinese Currency Area at 1 Chinese Dollar (1935) = 200 Yuan of the Central Reserve Bank of China.
  • 22.11.1945
  • Start of exchange in the Northern Chinese Currency Area at 1 Chinese Dollar (1935) = 5 Yuan of the Federal Reserve Bank of China.
  • 01.06.1947
  • Start of exchange in the Mongolian Currency Area at 1 Chinese Dollar (1935) = 2.50 Yuan of the Meng-Chiang Bank of China.