Banknotes of the modern world
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Madagascar
Madagascar
see also:
Madagascar

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Older series:
Madagascar, 50 francs 1974, P62a Madagascar, 50 francs 1974, P62a Madagascar, 100 francs 1974, P63a Madagascar, 100 francs 1974, P63a
Madagascar, 500 francs 1988, P71 Madagascar, 500 francs 1988, P71 Madagascar, 1000 francs 1988, P72 Madagascar, 1000 francs 1988, P72
Madagascar, 2500 francs 1993, P72A Madagascar, 2500 francs 1993, P72A Madagascar, 5000 francs Madagascar, 5000 francs
Madagascar, 10.000 francs Madagascar, 10.000 francs Madagascar, 25.000 francs 1993, P74A Madagascar, 25.000 francs 1993, P74A
Issue of 1994-1998:
Madagascar, 500 francs 1994, P75 Madagascar, 500 francs 1994, P75 Madagascar, 1000 francs 1994, P76 Madagascar, 1000 francs 1994, P76
Madagascar, 2500 francs 1998, P81 Madagascar, 2500 francs 1998, P81 Madagascar, 5000 francs 1996, P78 Madagascar, 5000 francs 1996, P78
Madagascar, 10.000 francs 1998, P79 Madagascar, 10.000 francs 1998, P79 Madagascar, 25.000 francs 1998, P82 Madagascar, 25.000 francs 1998, P82
Issue of 2003-2004 (1 ariari = 5 francs):
Madagascar, 100 ariari 2004, P86 Madagascar, 100 ariari 2004, P86 Madagascar, 200 francs 2004, P87 Madagascar, 200 francs 2004, P87
Madagascar, 500 francs 2004, P88 Madagascar, 500 francs 2004, P88 Madagascar, 1000 francs 2004, P89 Madagascar, 1000 francs 2004, P89
Madagascar, 2000 francs 2003, P83 Madagascar, 2000 francs 2003, P83 Madagascar, 5000 francs 2003, P84 Madagascar, 5000 francs 2003, P84
Madagascar, 10.000 francs 2003, P85 Madagascar, 10.000 francs 2003, P85
Issue of 2007 (1 ariari = 5 francs):
Madagascar, 2000 francs 2007, Pnew, commemorating Madagascar Action Plan Madagascar, 2000 francs 2007, Pnew, commemorating Madagascar Action Plan

Beginning with the year 1900 french banknotes were the legal tender on the island. In 1960 the Malagasi Republic obtained the right to create it's own emission bank and national currency. Primarily the malagasi franc was equal to the CFA franc, now it's in free floatation. 1 franc equaled 100 santimes. Since 2003, the ariari was introduced, 1 ariari equals 5 francs - most banknotes have double denomination - in francs and ariary.

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