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0,05 Franc
| Issuer | Government of Madagascar and Dependencies |
|---|---|
| Year | 1916 |
| Type | Standard circulation banknote |
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| Obverse description | Green intaglio-printed note with a central vignette of Malagasy workers in a rural landscape, with a fortified hilltop town visible in the background. The denomination "5c." appears in a box at the lower centre, flanked by decorative guilloche borders. The legend "POSTES" runs along the top, with the initials "R" and "F" at upper left and right respectively. |
|---|---|
| Obverse lettering | POSTES R F 5c. MADAGASCAR ET DÉPENDANCES |
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| Comments |
Madagascar's tiny fractional notes of 1916 were emergency substitutes for coined small change, which had effectively disappeared from circulation after wartime metal shortages hit French colonial territories hard. The 0,05 Franc sat at the absolute bottom of the denomination ladder — worth so little that few recipients bothered preserving them.
That disposability is precisely why survivors are uncommon. These saw hard daily use and were rarely set aside.