Catalog
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| Issuer | Banky Foiben'i Madagasikara |
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| Year | 2017-2023 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette of a Alaotra gentle lemur (Hapalemur alaotrensis) rendered in intaglio against a large circular underprint, accompanied by a spray of pink blossoms at centre. The bank title BANKY FOIBEN'I MADAGASIKARA appears in red at upper right, with the denomination 2000 ARIARY in teal at upper left above a map outline of Madagascar. Additional design elements include a stylised tropical fish at lower left, white birds at right, orange floral motifs, and a decorative geometric band in olive and orange running along the lower margin, with the denomination ROA ARIVO ARIARY and a Governor's signature at bottom. |
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| Obverse lettering | BANKY FOIBEN'I MADAGASIKARA ROA ARIVO ARIARY 2000 |
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| Comments |
Madagascar redenominated from the Malagasy Franc to the Ariary in 2005 — a restoration, technically, since the Ariary had been the country's unit of account before French colonial currency structures displaced it. The 2000 Ariary sits in the mid-range of the current polymer-adjacent series, though this issue retains cotton paper rather than moving to the polymer substrate that some denominations in the region have adopted. Giesecke & Devrient have handled Malagasy banknote production across multiple series, making Leipzig a quiet but consistent presence behind Madagascar's currency infrastructure.