To the 1 August 2003, the Ariary replaced the Malagasy franc:
=
(5 Francs (MGF - Series 1) = 1 Ariary (MGA - Series 2))
Series 2 - 2003-2015 (2004) [P-88]
1000 Ariary:
Series 2 - 2003-2015 (2004) [P-89]
2000 Ariary:
Series 2 - 2003-2015 (2003) [P-83]
Series 2a - 2003-2015 (2008) [P-90]
5000 Ariary:
Series 2 - 2003-2015 (2003) [P-84]
Series 2a - 2003-2015 (2008) [P-91]
10000 Ariary:
Series 2 - 2003-2015 (2003) [P-85]
Series 2a - 2003-2015 (2008) [P-92]
All presented banknotes belong to series, which were - wholly or partially - in circulation during my stay in Madagascar (2008).The collection does not claim to completeness or timeliness.