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B yen

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and the beginning of the US occupation, the islands went from a currency-free system, relying upon barter and distributions of supplies from the authorities, to the reintroduction of currency with the B yen, the introduction of the new Japanese yen (both "new yen" and "B yen" being used concurrently
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The exchange rate at the time for the Japanese yen used in mainland Japan was 360 yen to US$ 1. This was done, in part, to encourage foreign investment by aligning Okinawa's economy with an international standard, though it is often said to have also contributed significantly to the dependence of
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After the B yen was demonetised, rather than being incinerated, as is usual with obsolete banknotes, the B yen banknotes were placed into large concrete containers with indelible red dye, which were buried at sea at unrecoverable depths.
303:, High Commissioner of the Ryukyu Islands and Commanding General of the U.S. Army on the Islands. As of September 16, 1958, the B yen was replaced with the US dollar, at an exchange rate of 120 B yen to the dollar. 381: 292:
which would have resulted from the illegal influx of regular yen from the Home Islands. Once the economy in Okinawa was considered stable enough, the B yen was done away with, and the
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has argued that the B yen was part of a scheme by the occupying authorities to keep the dollar strong and yen weak, in order to more cheaply construct and maintain military bases.
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Civil Affairs Activities in the Ryukyu Islands for the Period Ending 30 September 1958, Volume VI Number II, Published by United States Civil Administration of the Ryukyu Islands.
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continued to use regular Japanese yen throughout the occupation, military scrip was introduced in Okinawa because, even at that time, the
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Beginning in 1948, the A type yen was deprecated, and B type yen came to be used by military and civilians.
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The B yen bills were of a blue or green color, and came in eight different denominations.
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Pacific Exchange Rate Service - Foreign Currency Units per 1 U.S. Dollar, 1948-2007
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for a time), and then the establishment of the B yen as the only legal currency.
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This infobox shows the latest status before this currency was rendered obsolete.
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Okinawa's economy upon the US, and the US military bases located there.
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intended to continue occupation of Okinawa long after ending it in the
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by US forces. The United States military used a separate scrip called "
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Two different types of scrip were issued during the occupation of
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from April 15, 1946, to September 1958. Officially, it was called
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was a colloquial term used to refer to a form of military
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United States Civil Administration of the Ryukyu Islands
46: 431:(沖縄チャンプルー事典). Tokyo: Yama-Kei Publishers, 2001. p 176. 623: 325: 299:An announcement was made by the office of Lt. Gen. 1123: 382:Okinawa: a tiger by the tail; M. D. Morris, 1968 234: 204: 34: 228: 198: 127: 28: 609: 445:"The Currency Switch from B yen to dollars" ( 401:(沖縄コンパクト事典, "Okinawa Compact Encyclopedia"). 441: 439: 437: 616: 602: 423: 421: 419: 417: 415: 413: 189:A complete set of B yen notes (1945–1958) 16:Military currency used after World War II 434: 393: 391: 389: 184: 410: 140:10s, 50s, 1¥, 5¥, 10¥, 20¥, 100¥, 1000¥ 1152:Okinawa under United States occupation 1124: 486: 597: 567: 557: 521: 386: 13: 14: 1163: 1147:Banknotes of military authorities 688:List of Japanese coinage patterns 1132:Currencies without ISO 4217 code 716: 634: 342: 328: 45: 458:B en kara doru he no tsūkakōkan 407:. 2003-3-1. Accessed 2009-2-24. 506: 480: 475:University of British Columbia 463: 375: 288:. Steps were taken to prevent 1: 580:Stabilisation of the economy. 429:Okinawa Champloo Encyclopedia 368: 314:Professor Michiko Iha of the 7: 1033:Japanese military currency 477:. 2007. Accessed 2009-2-24. 321: 244: 235: 205: 51:Obverse of the 10 yen B-yen 35: 10: 1168: 487:Baxley, George C. (2009). 252: 1073: 1026: 970: 939: 930: 905: 850: 829: 820: 783: 740: 725: 714: 661:Countermarked yen ("Gin") 641: 632: 316:University of the Ryukyus 229: 199: 176: 162: 157: 149: 144: 136: 128: 111: 104: 97: 84: 76: 71: 63: 56: 44: 29: 24: 1049:Allied Military Currency 698:National Printing Bureau 363:Allied Military Currency 671:Japanese invasion money 399:Okinawa konpakuto jiten 153:Occupied Ryukyu Islands 282:US military government 190: 301:Donald Prentice Booth 224:B type military scrip 188: 587:120 B yen = 1 dollar 469:Antweiler, Werner. " 1137:Currencies of Japan 276:Though the rest of 220:US-Occupied Okinawa 21: 565:1946 – 1958 552:Surrender of Japan 427:Kadekawa, Manabu. 350:Numismatics portal 296:brought into use. 259:Okinawa Prefecture 191: 19: 1119: 1118: 1069: 1068: 926: 925: 816: 815: 625:Japanese currency 592: 591: 588: 581: 555: 548:Battle of Okinawa 267:battle of Okinawa 183: 182: 1159: 937: 936: 866: 865: 861: 827: 826: 738: 737: 720: 703:Pre-yen currency 638: 618: 611: 604: 595: 594: 583: 576: 559:Currency of the 543: 519: 518: 513: 510: 504: 503: 501: 499: 484: 478: 467: 461: 443: 432: 425: 408: 395: 384: 379: 352: 347: 346: 345: 338: 333: 332: 331: 240: 238: 232: 231: 210: 208: 202: 201: 167: 131: 130: 123: 122: 121: 117: 92: 49: 40: 38: 32: 31: 22: 18: 1167: 1166: 1162: 1161: 1160: 1158: 1157: 1156: 1122: 1121: 1120: 1115: 1065: 1022: 966: 932: 922: 901: 863: 859: 858: 846: 822: 812: 779: 729: 727: 721: 712: 654:Currency Museum 639: 628: 622: 582: 575: 569: 564: 542: 531: 523: 517: 516: 511: 507: 497: 495: 485: 481: 468: 464: 444: 435: 426: 411: 396: 387: 380: 376: 371: 348: 343: 341: 334: 329: 327: 324: 255: 247: 226: 196: 163: 119: 115: 114: 112: 90: 52: 26: 17: 12: 11: 5: 1165: 1155: 1154: 1149: 1144: 1139: 1134: 1117: 1116: 1114: 1113: 1108: 1103: 1098: 1093: 1088: 1083: 1077: 1075: 1074:Commemoratives 1071: 1070: 1067: 1066: 1064: 1063: 1062: 1061: 1056: 1046: 1045: 1044: 1039: 1030: 1028: 1024: 1023: 1021: 1020: 1015: 1010: 1005: 1000: 995: 990: 985: 980: 974: 972: 968: 967: 965: 964: 959: 954: 949: 943: 941: 934: 928: 927: 924: 923: 921: 920: 915: 909: 907: 903: 902: 900: 899: 894: 889: 884: 879: 874: 869: 854: 852: 848: 847: 845: 844: 839: 833: 831: 824: 818: 817: 814: 813: 811: 810: 805: 800: 795: 789: 787: 781: 780: 778: 777: 772: 767: 762: 757: 752: 746: 744: 735: 723: 722: 715: 713: 711: 710: 705: 700: 695: 690: 685: 684: 683: 673: 668: 663: 658: 657: 656: 645: 643: 640: 633: 630: 629: 627:(1870–present) 621: 620: 613: 606: 598: 590: 589: 566: 561:Ryukyu islands 556: 515: 514: 505: 479: 462: 452:2011-07-22 at 433: 409: 385: 373: 372: 370: 367: 366: 365: 360: 354: 353: 339: 323: 320: 278:Occupied Japan 254: 251: 246: 243: 181: 180: 174: 173: 168: 160: 159: 155: 154: 151: 147: 146: 142: 141: 138: 134: 133: 124: 109: 108: 106: 102: 101: 95: 94: 88: 82: 81: 78: 74: 73: 69: 68: 65: 61: 60: 54: 53: 50: 42: 41: 15: 9: 6: 4: 3: 2: 1164: 1153: 1150: 1148: 1145: 1143: 1140: 1138: 1135: 1133: 1130: 1129: 1127: 1112: 1109: 1107: 1104: 1102: 1099: 1097: 1094: 1092: 1089: 1087: 1084: 1082: 1079: 1078: 1076: 1072: 1060: 1057: 1055: 1052: 1051: 1050: 1047: 1043: 1040: 1038: 1035: 1034: 1032: 1031: 1029: 1025: 1019: 1016: 1014: 1011: 1009: 1006: 1004: 1001: 999: 996: 994: 991: 989: 986: 984: 981: 979: 976: 975: 973: 969: 963: 960: 958: 955: 953: 950: 948: 945: 944: 942: 938: 935: 929: 919: 916: 914: 911: 910: 908: 904: 898: 895: 893: 890: 888: 885: 883: 880: 878: 875: 873: 870: 868: 856: 855: 853: 849: 843: 840: 838: 835: 834: 832: 828: 825: 819: 809: 806: 804: 801: 799: 796: 794: 791: 790: 788: 786: 782: 776: 773: 771: 768: 766: 763: 761: 758: 756: 753: 751: 748: 747: 745: 743: 739: 736: 733: 724: 719: 709: 708:Trade dollars 706: 704: 701: 699: 696: 694: 691: 689: 686: 682: 679: 678: 677: 674: 672: 669: 667: 664: 662: 659: 655: 652: 651: 650: 649:Bank of Japan 647: 646: 644: 637: 631: 626: 619: 614: 612: 607: 605: 600: 599: 596: 586: 579: 574: 573: 568:Succeeded by: 563: 562: 553: 549: 546: 541: 539: 535: 530: 527: 520: 509: 494: 493:Baxley Stamps 490: 483: 476: 472: 466: 459: 455: 454:archive.today 451: 448: 442: 440: 438: 430: 424: 422: 420: 418: 416: 414: 406: 405: 404:Ryūkyū Shimpō 400: 394: 392: 390: 383: 378: 374: 364: 361: 359: 356: 355: 351: 340: 337: 326: 319: 317: 312: 308: 304: 302: 297: 295: 291: 287: 283: 279: 274: 271: 268: 264: 260: 250: 242: 237: 236:B-gata gunpyō 225: 221: 218: 214: 207: 195: 187: 179: 175: 172: 169: 166: 161: 156: 152: 148: 143: 139: 135: 125: 110: 107: 103: 100: 99:Denominations 96: 89: 87: 83: 79: 75: 70: 66: 62: 59: 55: 48: 43: 37: 23: 1142:Japanese yen 1058: 732:Japanese yen 676:Japanese yen 584: 577: 570: 558: 544: 533: 529:Japanese yen 525: 524: 522:Preceded by: 508: 496:. 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Index


ISO 4217
Symbol
Denominations
Central bank
United States Civil Administration of the Ryukyu Islands

scrip
post-war
US-Occupied Okinawa
Okinawa Prefecture
A type yen
battle of Okinawa
Occupied Japan
US military government
Home Islands
inflation
US dollar
Donald Prentice Booth
University of the Ryukyus
Money portal
Numismatics portal
Ryukyuan mon
Allied Military Currency
Okinawa: a tiger by the tail; M. D. Morris, 1968



Ryūkyū Shimpō

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