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0,25 Franc

Issuer Government of Madagascar and Dependencies
Year 1916
Type Standard circulation banknote
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Obverse lettering POSTES
R F
MADAGASCAR ET DÉPENDANCES
25c
Reverse description The reverse presents a central vignette of a zebu (humped ox) standing in profile, rendered in a simple engraved style on a plain light ground. The Malagasy inscription "Fitoventy sy voazena" appears vertically along the left margin, while the denomination "25c" is printed vertically along the right margin.
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Comments

Madagascar's wartime fractional notes of 1916 were an emergency response to a genuine coin shortage — small denomination metal currency had effectively vanished from circulation as the First World War disrupted French colonial supply chains. The French administration issued these quarter-franc cardboard-weight slips as a stopgap, a practice mirrored across multiple French colonial territories simultaneously.

The "and Dependencies" designation in the issuing authority reflects administrative responsibility over the Comoro Islands at the time. Surviving examples frequently show heavy wear along fold lines — these circulated hard among a population that had no alternative small change.

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