French Indochina was part of the French colonial empire in southeast Asia. A federation of the three Vietnamese regions, Tonkin (North), Annam (Central), and Cochinchina (South), as well as Cambodia, was formed in 1887. Laos was added in 1893 and Kouang-Tchéou-Wan in 1900. The capital was moved from Saigon (in Cochinchina) to Hanoi (Tonkin) in 1902. During World War II, the colony was administered by Vichy France and was under Japanese occupation. Beginning in May 1941, the Viet Minh, a communist army led by Ho Chi Minh, began a revolt against French rule known as the First Indochina War.
The piastre de commerce was the currency of French Indochina between 1885 and 1952. It was subdivided into 100 cent, each of 5 sapeque. The name piastre, from Spanish pieces of eight (pesos), dates to the 16th century and has been used as the name of many different historical units of currency.
Obverse: Young woman; Pavillion
Reverse: Young peasant carrying fruits; cattle
Watermark: Hermes or Mercury
In 1892, the Banque de l'Indochine introduced 1 piastre notes, followed the next year by 5, 20 and 100 piastres. Between 1920 and 1922, 10, 20 and 50 cent notes were also issued. In 1939, 500 piastre notes were introduced. In 1939, the Gouvernement General de l'Indochine introduced 10, 20 and 50 cent notes, followed by 5 cents in 1942. In 1945, the Banque de l'Indochine introduced 50 piastres, followed by 10 piastres in 1947.
In 1892, the Banque de l'Indochine introduced 1 piastre notes, followed the next year by 5, 20 and 100 piastres. Between 1920 and 1922, 10, 20 and 50 cent notes were also issued. In 1939, 500 piastre notes were introduced. In 1939, the Gouvernement General de l'Indochine introduced 10, 20 and 50 cent notes, followed by 5 cents in 1942. In 1945, the Banque de l'Indochine introduced 50 piastres, followed by 10 piastres in 1947.