Catalog
| Issuer | Banque Centrale de Madagascar |
|---|---|
| Year | 2021 |
| Type | Log in to see details |
| Value | 20 Ariary |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | At center, the numeral '20' in large characters with the word 'ariary' above it in smaller lettering. A five-pointed star appears at the top of the central design, enclosed within a three-quarter laurel wreath open at the base. The circular legend 'REPOBLIKAN'I MADAGASIKARA' runs along the upper periphery, with the date '2021' appearing at the bottom of the field within the wreath opening. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Madagascar's ariary coinage uses a denomination system unique among world currencies: one ariary equals five iraimbilanja, a subdivision rooted in the pre-colonial Malagasy monetary tradition of valuing iron. The "motto D" designation distinguishes this die variety within the KM#30 type, a cataloging distinction that matters more to type collectors than to the Malagasy market where the coins simply circulate.