1 Piastre Cambodia issue

The Institut d'Émission des États du Cambodge, du Laos et du Viet-Nam was itself a transitional institution — created in 1951 as France began unwinding the Indochinese monetary union, replacing the Banque de l'Indochine's note-issuing function while the three states moved toward full independence. This 1 piastre was among the last denominations issued under that arrangement before Cambodia's own national bank took over.

Printed by the Banque de France at its Chamalières facility, the note reflects the tight production standards of that press. The 1 piastre by 1953 had negligible purchasing power in everyday Cambodian commerce, and low-denomination notes of this series typically absorbed heavy handling damage fast.