World Coin BookWorld coin encyclopedia

Authority model checked 2026-07-31

Taiwan Coins under Japanese Rule: What Circulated

Canonical Taiwan context explains what circulated without relabeling Japanese metropolitan coins as Taiwan issues.

日本の植民地・海外・占領地における貨幣関係

Jurisdictions
1
Authorities
1
Coin records
0
Status
Published

Identity first

Control is not the same as issuance

Every record keeps six relationships visible. This prevents a Japanese minting or control relationship from overwriting the issuer and jurisdiction printed into the coin's history.

Political control

Who exercised power over the jurisdiction.

Legal jurisdiction

The territory or state in which the system operated.

Issuing authority

The government, central bank, colonial bank, or regime bank responsible.

Currency system

The unit, parity, legal-tender basis, and note/coin layers.

Producing mint

A manufacturer may produce for a foreign issuer without owning the issue.

Canonical catalog

The country or historical jurisdiction under which the coin belongs.

Political geography

Jurisdiction and canonical identity

The canonical country field governs catalog ownership; the controlling-power field preserves the political relationship.

JurisdictionPolitical classControlCanonical catalogSpan
Taiwan under Japanese ruletaiwan-japanese-rulecolonyjapantaiwan1895–1945

Authority hierarchy

Issuer, note bank, administration, and mint

A dash means the authority did not perform that issuing role; it does not mean the authority was absent from the wider system.

AuthorityRoleJurisdictionCoinsNotes
Bank of Taiwancolonial note bankTaiwan under Japanese ruleissuer

Currency layers

Coins and banknotes are modeled separately

Taiwan and Korea had territory-specific note systems while using Japanese metropolitan coins. Karafuto and the South Pacific Mandate used the Japanese yen directly. Manchukuo had a separate yuan system.

SystemUnitCoin layerBanknote layer
Taiwan yen systemtaiwan-japanese-ruleyenJapanese metropolitan coins; no separate colonial coin series verifiedBank of Taiwan notes

Change over time

Currency transitions

Adoption, parity, succession, and withdrawal are distinct events. A conversion rate appears only when a cited source states it.

  1. Taiwan under Japanese rule

    The Bank of Taiwan began a territory-specific yen-denominated note system.

  2. Taiwan under Japanese rule

    Taiwan's colonial note system was moved onto a gold basis aligned with Japan.

  3. Taiwan under Japanese rule

    The postwar Bank of Taiwan introduced the Old Taiwan dollar.

  4. Taiwan under Japanese rule

    The New Taiwan dollar replaced the Old Taiwan dollar at one to 40,000.

    1 NTD = 40,000 Old Taiwan dollars

Context only

Banknote systems are not coin objects

Bank of Taiwan

Bank of Taiwan yen notes define the territory-specific currency layer; Japanese metropolitan coins supplied the coin layer.

Excluded from coin issue count
Evidence boundary

Japanese control does not make a foreign coin Japanese. Japanese use abroad does not create a colonial coin issue. Mint production does not prove circulation. No occupation countermark is published without institutional evidence.

Evidence

Sources and scope

These links support the claims on this page. Source authority does not imply permission to republish source images.

Development of Taiwan's currency under Japanese rule Central Bank of the Republic of China (Taiwan) Currency Museum

Bank of Taiwan establishment, silver-redeemable notes, and the 1904 gold-system transition.

Open source
Currency systems in the wartime Japanese empire Bank of Japan Institute for Monetary and Economic Studies

Comparative legal-tender and currency structure for Taiwan, Korea, South Karafuto, the South Pacific Mandate, and Manchukuo.

Open source
Currency introduced under Japanese rule Central Bank of the Republic of China (Taiwan) Currency Museum

Territory-specific Bank of Taiwan note system and yen denomination.

Open source
Postwar currency development in Taiwan Central Bank of the Republic of China (Taiwan) Currency Museum

1946 Old Taiwan dollar and 1949 New Taiwan dollar transition context.

Open source
Introduction of the New Taiwan Dollar Central Bank of the Republic of China (Taiwan) Currency Museum

New Taiwan dollar conversion at one to 40,000 Old Taiwan dollars.

Open source