Catalog
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| Issuer | Banky Foiben'i Madagasikara |
|---|---|
| Year | 2016-2021 |
| Type | Log in to see details |
| Value | 50 Ariary |
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| Composition | Log in to see details |
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| Obverse description | Central field displays the denomination numeral '50' in large characters, with the word 'ariary' inscribed immediately above it in smaller lettering. A five-pointed star surmounts the denomination at the top of the inner design. The entire denomination device is flanked by a three-quarter wreath of stylized grain and foliage, open at the base where a small circular ornament serves as a terminal. The date appears below the wreath at the bottom of the field. The peripheral legend 'REPOBLIKAN'I MADAGASIKARA' curves along the upper rim. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Madagascar's ariary coinage is notable for denominating in a unit that had already existed as a conceptual subdivision long before decimalization — the ariary predates the franc as a reference point in local trade, with roots in 19th-century Merina Kingdom exchange. The "motto D" designation distinguishes this from earlier reverse varieties in the KM#32 series, a distinction that matters to type collectors but is rarely flagged at point of sale.