1 Piastre Laos Issue

The Institut d'Émission des États du Cambodge, du Laos et du Viet-Nam was a short-lived transitional authority, established in 1952 to manage currency across the three Associated States as France began unwinding the Indochinese monetary union. This note is the Laos-designated issue of that arrangement — parallel versions were printed for Cambodia and Vietnam, distinguished by overprint or color rather than entirely separate designs.

The Banque de France printing facility in Paris handled production. Within two years of issue, the 1954 Geneva Accords ended French Indochina entirely, and Laos moved toward its own national bank. Notes of this denomination and issuer had an extremely brief window of legitimate circulation.