10 Piastres / Dollars = 50 Shillings

Army Bill Office notes were Canada's first functioning government paper currency, issued from 1813 to fund British military operations during the War of 1812. This particular denomination — the awkward tri-valuation of 10 piastres, dollars, and shillings — reflects the currency chaos of Lower Canada at the time, where Spanish dollars, Halifax currency, and local piastres circulated simultaneously with no fixed equivalence agreed upon by the general public.

The 1814 issues were a second-series revision; earlier Army Bills had faced counterfeiting problems serious enough to prompt redesign. Redemption after the war was handled efficiently by the British government, which actually honored these notes in full — an outcome rare enough that it permanently boosted public confidence in paper instruments across British North America.