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| 正面铭文 | CHAMBRE DE COMMERCE D'ORAN Délibération du 11 Avril 1923 1 fr. (Translation: Oran Chamber of Commerce. Deliberation of 11 April 1923. 1 franc.) |
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| 背面铭文 | CHAMBRE DE COMMERCE D'ORAN UN FRANC Le Président Le Trésorier 1 fr. (Translation: Oran Chamber of Commerce. One franc. The President. The Treasurer.) |
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The Chambres de Commerce in French Algeria were authorized to issue emergency fractional currency during the early 1920s to address a chronic shortage of small-denomination coin — a problem that had persisted since the First World War disrupted metal supplies and hoarding stripped low-value coinage from circulation. Oran's chamber was among the more prolific issuers in the region, producing several denominations across multiple series during this period.
These notes were purely local instruments, valid only within the commercial jurisdiction of the issuing chamber. Redemption was theoretically guaranteed but in practice depended on the chamber's solvency.