10 Piastres Laos issue

The Institut d'Émission des États du Cambodge, du Laos et du Viet-Nam was established in 1952 as France's last institutional attempt to retain monetary control over its Indochinese territories while granting them nominal financial autonomy. The arrangement lasted barely three years before the Associated States began asserting independent central banking authority.

Three distinct national variants of this denomination were issued — Cambodia, Laos, and Vietnam each received notes tailored for local circulation. Thomas De La Rue produced all three, which occasionally creates confusion when examples surface without complete documentation.