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1 Ariary ARIARY 1

Issuer Banky Foiben'i Madagasikara (Central Bank of Madagascar)
Year 2004-2021
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Value 1 Ariary
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Reverse description A frontal zebu (Malagasy humped cattle) head is prominently displayed in the centre of the field, its sweeping long horns curving upward to frame the denomination. The numeral 1 appears within the arc formed by the horns, surmounted by the currency name ARIARY. Two crossed agricultural sprigs — one representing rice and one a grain stalk — flank the zebu head on either side, tied at the base, symbolising Madagascar's agricultural heritage.
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Reverse lettering ARIARY 1
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Additional information

Madagascar adopted the ariary as its sole legal tender in 2005, replacing the Malagasy franc at a rate of 5 francs to 1 ariary — a redenomination that formalized a unit Malagasy people had already been using colloquially for decades. The franc had been introduced under French colonial rule and retained after independence in 1960; dropping it carried deliberate symbolic weight.

KM#29 bridges the transition, with the dating range beginning just before the official switchover.

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