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5000 Ariary / 25000 Francs

Issuer Banky Foiben'i Madagasikara
Year 2003-2006
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Value 5000 Ariary = 25000 Francs (5000 MGA)
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Obverse description The obverse presents a central vignette of traditional fishermen's pirogue boats against an intricate guilloche underprint in blue tones. At centre-right, a three-dimensional security element is incorporated into the design, while a vertical holographic band along the right margin displays the facial value, a ravinala (traveller's palm), a rainbow, and the initials BMF. The issuer's title BANKY FOIBEN'I MADAGASIKARA and the denomination DIMY ARIVO ARIARY / 25000 FRANCS are printed in intaglio at the top.
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Reverse lettering BANKY FOIBEN'I MADAGASIKARA 5000 ARIARY 25000 FRANCS DIMY ARIVO ARIARY HELOHINNY LALANA HIASA ANTERIVOZANA MANDRAFATINY NY MPANAO VOLA SANDOKA LA LOI PUNIT DE TRAVAUX FORCES A PERPETUITE TOUT CONTREFACTEUR DE MONNAIE
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Comments

Madagascar's dual-denomination system — Ariary alongside the CFA-derived Franc Malagasy — was a deliberate post-colonial transition stretching over decades, with the Ariary finally becoming the sole legal tender in 2005. This note straddles that changeover, which is why both values appear on the face; the 5 to 1 conversion ratio between Franc and Ariary is printed currency policy made visible.

G&D's Leipzig facility handled the contract, bringing the full security package standard to their high-denomination work at that time.

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