100 Francs / 20 Ariary

Issuer	Banky Foiben'ny Repoblika Malagasy / Banque Centrale de la République Malgache
Year	1974-1978
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Printer	Thomas De La Rue & Company, London, United Kingdom
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Obverse description	Intaglio vignette of an elderly man draped in a traditional lamba occupies the center-right, rendered with fine line engraving against a guilloche underprint. To the center-left, a stylized floral motif is printed in pastel colors, with geometric panel decorations along the left margin incorporating traditional Malagasy patterns. The face value '100' appears in large numerals at lower center, with bilingual bank title inscriptions in both Malagasy and French above.
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Protection type	Watermark
Protection description	a zebu head visible when held to light.
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