The Banknotes of Madagascar

Banknote production status: CURRENT.

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Want an up-to-date, informative, full-color catalog of Madagascar banknotes? Try The Banknote Book by Owen Linzmayer!
The first catalog number in each listing below is from The Banknote Book.

Banque de Madagascar (1926-1946)

BDM B2a P35	5 Francs (1926)
Signature 1. Images courtesy Ron Wise

BDM B2b P35	5 Francs (1937)
Signature 2. Images courtesy Ron Wise

BDM B4b P37	20 Francs (1937)
Signature 2. Images courtesy Ron Wise

BDM B4c P37	20 Francs (1948)
Signature 3. Images courtesy Owen Linzmayer, author of the Banknote Book

BDM B6b P40	100 Francs (1937)
Signature 2. Images courtesy Owen Linzmayer, author of the Banknote Book

Institut d'Émission Malgache / Famoaham-Bolan'ny Repoblika Malagasy (1962-1969)

IEM B1a P51a	50 Francs / 10 Ariary (1962)
Signature 1. Images courtesy Owen Linzmayer, author of the Banknote Book

IEM B7a P57a	100 Francs / 20 Ariary (1964)
Signature 3. Images courtesy Tod Hunt

IEM B8a P58a	500 Francs / 100 Ariary (1964)
Signature 3. Images courtesy Tod Hunt

IEM B9a P59a	1000 Francs / 200 Ariary (1966)
Signature 3. Images courtesy Tod Hunt

IEM B10a P60a	5000 Francs / 1000 Ariary (1966)
Signature 3. Images courtesy Tod Hunt

IEM B11a P61a	50 Francs / 10 Ariary (1966)
Signature 3. Images courtesy Tristan White

Banky Foiben'ny Repoblika Malagasy / Banque Centrale de la Republique Malagasy (1974)

BFRM B1a P62a	50 Francs / 10 Ariary (1974)
Images courtesy Tod Hunt

BFRM B2a P63a	100 Francs / 20 Ariary (1974)
Images courtesy Tod Hunt

BFRM B3a P64a	500 Francs / 100 Ariary (1974)
Images courtesy Tod Hunt

BFRM B4a P65a	1000 Francs / 200 Ariary (1974)
Images courtesy Tod Hunt

BFRM B5a P66	5000 Francs / 100 Ariary (1974)
Images courtesy Tod Hunt

Banky Foiben'i Madagasikara (1983-present)

BFM B1b P67a	500 Francs / 100 Ariary (1983)
Signature 2. Images courtesy Tod Hunt

BFM B2a P68	1000 Francs / 200 Ariary (1983)
Signature 1. Images courtesy Tod Hunt

BFM B3a P69	5000 Francs / 1000 Ariary (1983)
Signature 1. Images courtesy Tod Hunt

BFM B4a P70	10,000 Francs / 2000 Ariary (1983)
Signature 1. Images courtesy Tod Hunt

BFM B5a P71	500 Francs / 100 Ariary (1988)
Signature 2. Images courtesy Ron Wise

BFM B6b P72	1000 Francs / 200 Ariary (1988)
Signature 3. Images courtesy Ron Wise

BFM B7b P73	5000 Francs / 1000 Ariary (1988)
Signature 3. Images courtesy Ron Wise

BFM B8b P74	10,000 Francs / 2000 Ariary (1988)
Signature 3. Images courtesy Owen Linzmayer, author of the Banknote Book

BFM B9a P72A	500 Ariary / 2500 Francs (1993)
Signature 3. Images courtesy Tod Hunt

BFM B10a P74A	5000 Ariary / 25,000 Francs (1992)
Signature 3. Images courtesy Tod Hunt

BFM B11a P75	500 Francs / 100 Ariary (19.9.1994)
Signature 4. Images courtesy Ron Wise

BFM B11b P75	500 Francs / 100 Ariary (19.9.1994)
Signature 5. Images courtesy Ron Wise

BFM B12a P76	1000 Francs / 200 Ariary (19.9.1994)
Signature 4. Images courtesy Tristan White

BFM B12b P76	1000 Francs / 200 Ariary (19.9.1994)
Signature 5. Images courtesy Tristan White

BFM B13a P81	2500 Francs / 500 Ariary (24.6.1998)
Signature 5. Images courtesy Tristan White

BFM B14a P78	5000 Francs / 1000 Ariary (8.5.1995)
Signature 4. Images courtesy www.CurrencyMuseum.net and a licensed under the Creative Commons: Attribution 2.5 License.

BFM B14b P78	5000 Francs / 1000 Ariary (8.5.1995)
Signature 5. Images courtesy Tristan White

BFM B15a P79	10,000 Francs / 2000 Ariary (4.4.1995)
Signature 4. Images courtesy Ron Wise

BFM B15b P79	10,000 Francs / 2000 Ariary (4.4.1995)
Signature 5. Images courtesy www.CurrencyMuseum.net and a licensed under the Creative Commons: Attribution 2.5 License.

BFM B16a P82	25,000 Francs / 5000 Ariary (11.6.1998)
Signature 5. Images courtesy Ron Wise

BFM B17a P83	2000 Ariary / 10,000 Francs (31.7.2003)
Signature 5. Black serial number at lower right. Images courtesy Ron Wise

BFM B18a P84	5000 Ariary / 25,000 Francs (31.7.2003)
Signature 5. Black serial number at lower right. Images courtesy Ron Wise

BFM B19a P85	10,000 Ariary / 50,000 Francs (31.7.2003)
Signature 5. Black serial number at lower right. Images courtesy Ron Wise

BFM B20a P86	100 Ariary / 500 Francs 2004
Signature 5. Blue serial number at lower right. Images courtesy www.CurrencyMuseum.net and a licensed under the Creative Commons: Attribution 2.5 License.

BFM B21a P87	200 Ariary / 1000 Francs 2004
Signature 5. Green serial number at lower right. Images courtesy Ron Wise

BFM B22a P88	500 Ariary / 2500 Francs 2004
Signature 5. Brown serial number at lower right. Images courtesy Ron Wise

BFM B23a P89	1000 Ariary / 5000 Francs 2004
Signature 5. Purple serial number at lower right. Images courtesy Ron Wise

BFM B23a P89	1000 Ariary / 5000 Francs 2004
Signature 5. Black serial number at lower right. Images courtesy www.CurrencyMuseum.net and a licensed under the Creative Commons: Attribution 2.5 License.

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