0,10 Franc

Madagascar's wartime small-change shortage of 1916 drove the colonial administration to issue cardboard fractional notes — a pragmatic stopgap when metal coinage was diverted toward the French war effort. These tiny cardboard pieces circulated as coin substitutes across the island and its dependencies, handled constantly in everyday transactions. The material was poorly suited to the tropics: humidity, heat, and heavy use degraded these pieces rapidly, and survivors in any reasonable condition are genuinely uncommon.

The 0,10 Franc denomination is the smallest in the P#29-series emergency issue.