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200 Ariary
| Issuer | Banky Foiben'i Madagasikara |
|---|---|
| Year | 2017-2022 |
| Type | Log in to see details |
| Value | 200 Ariary |
| 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 | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANKY FOIBEN`I MADAGASIKARA ROANJATO ARIARY |
| Reverse description | Log in to see details |
| Reverse lettering | 200 ARIARY ROANJATO |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The 200 Ariary denomination sits at the lower end of Madagascar's current paper series — modest enough that it sees genuine street circulation rather than the drawer-hoarding that afflicts higher values. Giesecke & Devrient, which has printed Malagasy currency through multiple political transitions on the island, produced this through their Leipzig facility, one of the oldest continuously operating security printing operations in the world.
Security provision is minimal for the denomination — watermark only, no security thread. That choice reflects cost-to-denomination economics more than any oversight.