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5000 Francs / 1000 Ariary
| Issuer | Banky Foiben'i Madagasikara |
|---|---|
| Year | 1988-1994 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Thomas De La Rue & Company, London, United Kingdom |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANKY FOIBEN'I MADAGASIKARA ARIVO ARIARY 5000 LE GOUVERNEUR |
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| Variants | P#73a - Signature 2 P#73b - Signature 3 |
| Comments |
The dual denomination — 5000 Francs and 1000 Ariary — reflects Madagascar's prolonged currency transition following the ariary's official introduction in 1961, when the government defined 1 Ariary as equal to 5 Malagasy Francs. That conversion rate was maintained for decades, and issuing authorities simply printed both on the same note rather than force a clean break. The franc was not fully phased out until 2005, meaning this note circulated across a remarkably long transitional window.
Thomas De La Rue printed the series through multiple years within the 1988–1994 issue range, though date variants are not always clearly differentiated in dealer stock.