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10 Francs with IEOM

Issuer Institut d'Émission d'Outre-Mer (IEOM)
Year 1972-2005
Type Standard circulation coin
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Obverse lettering RÉPUBLIQUE FRANÇAISE R. JOLY I·E·O·M 1986
(Translation: French Republic)
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Reverse script Latin
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Additional information

The IEOM was established in 1966 to manage currency for France's Pacific territories after the CFP franc was separated from the metropolitan French financial system. This 10-franc piece circulated across French Polynesia, New Caledonia, and Wallis and Futuna — three territories with no shared land border and wildly different economies, unified only by the pegged CFP franc, which has maintained a fixed rate to the French franc and later the euro without interruption since 1949.

The series ran across four decades with minimal design revision, an unusual longevity for a colonial-era instrument outlasting decolonization itself.

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