1000 Francs

Banque de Madagascar notes of this era were printed by the Banque de France under a formal arrangement that extended metropolitan printing infrastructure to French colonial territories — the same workshops, the same paper suppliers, the same intaglio presses used for the franc itself. Clément Serveau was a prolific designer for French colonial issues across multiple territories during the interwar decades, and Marguerite Dreyfus, who signed her work "Rita," was one of very few women working as an engraver in that milieu.

The series ran across a fifteen-year window that included the Vichy period, during which Madagascar remained under French colonial administration before the traumatic 1947 uprising — which this note predates but anticipates in its political geography.