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500 Francs

Issuer Institut d'Émission d'Outre-Mer (IEOM)
Year 1970-1992
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Size 150 × 80 mm
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Obverse lettering INSTITUT D`ÉMISSION D`OUTRE-MER 500 RÉPUBLIQUE FRANÇAISE CINQ CENTS FRANCS
(Translation: Overseas Emission Institute French Republic Five Hundred Francs)
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Reverse lettering INSTITUT D`ÉMISSION D`OUTRE-MER PAPEETE L`ARTICLE 139 DU CODE PENAL PUNIT DE LA RÉCLUSION CRIMINELLE A PERPÉTUITÉ CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUE AUTORISÉS PAR LA LOI.
(Translation: Overseas Emission Institute Papeete Article 139 of the penal code punishes with criminal imprisonment in perpetuity those who counterfeit or falsify bank notes authorized by law.)
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Comments

The Institut d'Émission d'Outre-Mer was established in 1966 to take over currency functions for French Overseas Territories from the Caisse Centrale de la France d'Outre-Mer. This 500 Francs note, running through a remarkably long issue window of over two decades, circulated across geographically scattered territories — French Polynesia, New Caledonia, and Wallis and Futuna — all sharing identical notes despite having little economic connection to one another.

The Banque de France printed the series at its Paris atelier, which handled most IEOM production throughout this period. The watermark remains the sole mechanical security feature, modest even by the standards of its time.

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