5 Francs

The Banque d'État du Maroc was a Franco-Belgian concession bank, not a Moroccan national institution, and it continued issuing notes throughout the French Protectorate period with only the disruptions of wartime logistics forcing any real change to practice. The 1943 date here is significant: following the Allied landings in North Africa in November 1942, metropolitan French printing resources were cut off, and small-denomination notes like this one were produced locally at the Imprimeries Réunies de Casablanca rather than by any European security printer.

Félix Jacquin's design work for the Moroccan series is among the more accomplished produced under Protectorate auspices, though the local printing shows perceptibly softer impression than the pre-war Paris-produced issues.