1000 Francs overprint in capital letters

The Institut d'Émission d'Outre-Mer was established in 1966 to manage currency for France's remaining overseas territories following the dissolution of earlier colonial monetary arrangements. This 1000 Francs note belongs to the transitional series that covered a geographically scattered group of territories — New Caledonia, French Polynesia, and the New Hebrides — under a single issuing authority, a practical solution to the administrative complexity of maintaining separate currency boards for each.

The overprint in capital letters distinguishes this from related issues in the same base series, a device used to control which notes were valid in which territories without commissioning entirely new printings from the Banque de France.