Aklan occupies the northern third of the island of Panay and is bordered by the provinces of Capiz from the southeast and Antique from the southwest.
During wartime in the Philippines, Maj. Pedro Yatar, commander of the 2nd Batallion of the 64th Infantry Regiment, printed 100,000 pesos in low denomination notes to provide small change in the Aklan area of Capiz province. The notes were printed in sheets, and the shortage of type resulted in variations in border ornaments and text on each denomination. These were distributed to municipal treasurers, and of the six denominations issued, not all are presently known to collectors and the very small number of printed issued notes had made this rare. The Aklan area of Capiz later became a separate province in 1956.
Municipal notes:
- <em>There are no known municipal issues by this province.</em>
