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500 Francs / 100 Ariary

Issuer Institut d'Émission Malgache
Year 1952-1961
Type Standard circulation banknote
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Obverse description Central intaglio vignette of a Malagasy woman in traditional dress holding a basket of tropical fruit and produce, set against a floral underprint of stylised blossoms, with denomination numerals '500' at upper left and upper right. The issuing authority 'INSTITUT DE L'ÉMISSION MALGACHE' appears in large letterpress type across the lower portion, while the dual-currency value inscriptions 'CINQ CENTS FRANCS' and '100 ARIARY' are rendered in bold intaglio lettering to the right. The Malagasy-language legends 'FAMOAHAM-BOLAN'NY REPOBLIKA MALAGASY' and 'ARIARY ZATO' are overprinted across the upper register, with engraver and designer credits 'C. SERVEAU FEC. R. ARMANELLI SC.' at the lower margin.
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Reverse description Central intaglio vignette of a veiled Malagasy woman draped in a floral lamba, rendered in a soft tonal palette of blue and grey against a pastoral landscape background, with white tropical flowers and doves flanking the central figure on both sides. The bank title 'BANQUE DE MADAGASCAR ET DES COMORES' is printed in bold letterpress at the upper portion, with denomination numerals '500' at upper left and upper right. A legal warning legend in French concerning counterfeiting penalties is set within a panel at the lower centre, with engraver and designer credits 'C. SERVEAU FEC. A. MARLIAT SC.' at the lower margin.
Reverse lettering BANQUE DE MADAGASCAR ET DES COMORES
500
L'ARTICLE 139 DU CODE PÉNAL PUNIT DES TRAVAUX FORCÉS À PERPÉTUITÉ CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUES AUTORISÉES PAR LA LOI
C. SERVEAU FEC. A. MARLIAT SC.
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