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1000 Francs / 200 Ariary

Issuer Institut d'Émission Malgache
Year 1964-1970
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Size 150 × 80 mm
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Reverse description The central vignette presents a traditional ox-cart scene in which two zebu oxen draw a wooden cart carrying a driver and two passengers across a rural landscape with mountains in the background. Bilingual anti-counterfeiting warnings in French and Malagasy are placed along the lower margin. The composition is executed in the refined intaglio style typical of Banque de France security printing.
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Protection type Watermark
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The Institut d'Émission Malgache was Madagascar's transitional issuing authority, established after independence from France in 1960 but wound down once the Banque Nationale Malgache took over monetary functions in the early 1970s — meaning this entire series had a functional lifespan of roughly a decade before the institution itself ceased to exist. The 1000 Francs / 200 Ariary dual denomination reflects the 1961 introduction of the ariary as a parallel unit, with five francs equaling one ariary, a conversion ratio that caused persistent public confusion throughout the note's circulation life.

Pierrette Lambert was among a small cohort of female engravers working at the Banque de France atelier during this period — notable given how male-dominated the intaglio trade remained well into the late twentieth century.