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1 Franc

Issuer Government of Madagascar and Dependencies
Year 1916
Type Standard circulation banknote
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Obverse description The obverse is dominated by a central intaglio vignette of agricultural workers in a rice field, with a town visible in the background. At top, the inscription POSTES flanked by decorative foliate ornaments appears within a brown border frame with geometric patterning at the sides. The denomination "1f." is set in a white reserve panel at lower centre, with the legend MADAGASCAR ET DÉPENDANCES printed along the bottom in bold letterpress.
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Reverse description The reverse presents a central intaglio vignette of a standing dog rendered in black on a plain cream ground, attributed to the engraver Turlos whose name appears below the animal. The denomination "1 franc" is printed vertically along the right margin, while the Malagasy word "Iraimbilanja" runs vertically along the left margin.
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Comments

Madagascar's wartime small-denomination notes of 1916 were emergency issues prompted by a severe coin shortage — the same disruption that drove dozens of French colonial administrations to paper fractional currency during the First World War. Metropolitan France needed its coinage; the colonies improvised. The Government of Madagascar and Dependencies stepped in as issuer rather than the Banque de Madagascar, which did not yet exist in its later form.

P#11B is distinguished from the closely related 11A by serial number or signature variety — a distinction that matters more to specialists than the difference in face value suggests.

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