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2 Francs

Issuer Government of Madagascar and Dependencies
Year 1916
Type Standard circulation banknote
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Reverse description The reverse is printed in monochrome on plain paper and presents a central vignette of a standing zebu, the characteristic humped cattle of Madagascar, rendered in a simple engraved style. The Malagasy inscription 'Venty sy kiroho' appears vertically along the left margin, while the denomination '2 Francs' is inscribed vertically along the right margin.
Reverse lettering Venty sy kiroho
2 Francs
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Comments

Madagascar was administered as a French colony under a single unified authority that also governed the Comoros and other Indian Ocean dependencies — hence the cumbersome issuing name. The 1916 date places this squarely in the middle of the First World War, when the metropolitan French economy was under severe strain and small-denomination coinage had largely disappeared from circulation throughout the empire due to metal hoarding and wartime requisition.

These emergency fractional notes were a stopgap against the resulting change shortage. Survival rates are low; the lightweight paper used for low-denomination colonial issues of this period deteriorated quickly in humid tropical conditions.

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