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| 正面描述 | The obverse reproduces the design of a contemporary Madagascar postal stamp printed in green and brown, with decorative borders framing a central agricultural vignette of labourers working in rice fields, with a distant town visible on the horizon. The letters 'R F' flank the word 'POSTES' at the top, while the denomination '1f' appears in a white panel at lower centre. The inscription 'MADAGASCAR et DÉPENDANCES' runs along the lower margin in bold lettering. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | 登录 以查看详情 |
| 背面铭文 | Iraimbilanja 1 franc |
| 签名 | 登录 以查看详情 |
| 防伪类型 | 登录 以查看详情 |
| 防伪描述 | 登录 以查看详情 |
| 变体 | 登录 以查看详情 |
| 备注 |
Madagascar was under French colonial administration, and the island's monetary supply during the First World War was severely disrupted by the near-impossibility of shipping currency from metropolitan France. These emergency fractional notes were authorized by local decree to substitute for small coins that had effectively vanished from circulation — hoarded by a population with no faith that supply would recover.
The "and Dependencies" designation encompassed the Comoro Islands, which shared the currency arrangement. Pick 20 belongs to a small issue that was always intended as a stopgap, and surviving examples show heavy use consistent with notes that circulated until they fell apart.