1000 Francs

The Banque de Madagascar et des Comores was itself a transitional institution — created in 1950 to replace the Caisse Centrale de la France d'Outre-Mer as the note-issuing authority for both territories, it operated during a politically charged period following the brutal suppression of the 1947 Malagasy uprising. This 1000-franc series was among the first issued under that new mandate.

Beltrand was one of the Banque de France's most accomplished engravers of the mid-century, and Fel's design work appeared across multiple French colonial series of the period — the same artistic infrastructure served Indochina, West Africa, and the Indian Ocean territories almost interchangeably.