Catalog
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| Issuer | Banky Foiben'i Madagasikara |
|---|---|
| Year | 2017-2022 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Giesecke+Devrient (Giesecke & Devrient), Leipzig, Germany (1852-date) |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANKY FOIBEN`I MADAGASIKARA ARIARY ZATO |
| Reverse description | Log in to see details |
| Reverse lettering | ARIARY ZATO 100 |
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| Variants | Log in to see details |
| Comments |
Madagascar's 100 Ariary occupies the lowest denomination in the current Banky Foiben'i Madagasikara paper series — a position it has held through multiple printings with minimal design revision. G+D's Leipzig facility has supplied Malagasy currency since at least the early post-independence period, making this a long-standing production relationship rather than an opportunistic contract.
At this denomination, purchasing power is marginal even by local standards. Notes circulate hard and return to the central bank destroyed.