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2000 Ariary

Issuer Banky Foiben'i Madagasikara
Year 2017-2023
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Shape Rectangular
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Reverse lettering BANKY FOIBEN'I MADAGASIKARA 2000 ROA ARIVO ARIARY HELOHIN'NY LALANA HIASA ANTERIVOZONA MANDRAPAHAFATINY NY MPANAO VOLA SANDOKA. LA LOI PUNIT DE TRAVAUX FORCES A PERPETUITE TOUT CONTREFACTEUR DE MONNAIE.
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Protection description Zebu head and denomination watermark; vertical windowed security thread with denomination 2000 repeated
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Comments

Madagascar redenominated from the Malagasy Franc to the Ariary in 2005 — a restoration, technically, since the Ariary had been the country's unit of account before French colonial currency structures displaced it. The 2000 Ariary sits in the mid-range of the current polymer-adjacent series, though this issue retains cotton paper rather than moving to the polymer substrate that some denominations in the region have adopted. Giesecke & Devrient have handled Malagasy banknote production across multiple series, making Leipzig a quiet but consistent presence behind Madagascar's currency infrastructure.

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