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Keywords: Madagascan banknotes, Madagascan bank notes, Madagascan paper money, Madagascar banknotes, Madagascar bank notes, Madagascar paper money

> M > MADAGASCAR

Official languages here are French and Malagasy. The notes are very colourful and artistic depicting the native people at work and the villages.

Below is our stock of Madagascan paper money / banknotes. Click on the Pick number for a scan.

Buy	SCWPM	The Banknote Book	Prefix / Suffix	Denom	Unit	Year	Grade	Price	Description
	P36	TBB B203b		10	francs	(1937-47)	aUNC	$ 107.95	Woman with fruit at right. Farmer ploughing field. Zebu cattle.Fruits, corn, vegetables. Watermark:girl's head. No security thread. Printer:Imp Chaix, Paris. Sign:Chaudin & Dejounany.
P36 TBB B203b 10 francs (1937-47) aUNC $ 107.95 Woman with fruit at right. Farmer ploughing field. Zebu cattle.Fruits, corn, vegetables. Watermark:girl's head. No security thread. Printer:Imp Chaix, Paris. Sign:Chaudin & Dejounany.
	P75b	TBB B311b	C	500	francs	(1994)	UNC	$ 5.08	Girl at right. Village at centre. Herdsman with Zebus on back. Printer: BDF. Signature: Watermark: Zebu cattle. Signature: G.E. Ravelojaona.
P75b TBB B311b C 500 francs (1994) UNC $ 5.08 Girl at right. Village at centre. Herdsman with Zebus on back. Printer: BDF. Signature: Watermark: Zebu cattle. Signature: G.E. Ravelojaona.
	P78b	TBB B314b	B	5,000	francs	(1995)	UNC	$ 20.32	Young mans head at right. Trees, cane cutters. Ox Cart. Pigmy Kingfisher bird, Lemur, butterflies, bugs, cattle. Signature: G.E. Ravelojaona. Printer: Banque de France. Watermark: Zebu cattle head. Solid security thread. Printer: Banque de France.
P78b TBB B314b B 5,000 francs (1995) UNC $ 20.32 Young mans head at right. Trees, cane cutters. Ox Cart. Pigmy Kingfisher bird, Lemur, butterflies, bugs, cattle. Signature: G.E. Ravelojaona. Printer: Banque de France. Watermark: Zebu cattle head. Solid security thread. Printer: Banque de France.
	P79a	TBB B315a	A	10,000	francs	(1995)	EF/AU	$ 12.70	Two staple holes, no folds. Old man. Statuette & local artifacts at centre. Artisans at work. Tortoises. Signature: Raoul Joelson Ravelomanana . Watermark: Zebu cattle head. Printer: Banque de France. Segmented security thread & Solid security thread.
P79a TBB B315a A 10,000 francs (1995) EF/AU $ 12.70 Two staple holes, no folds. Old man. Statuette & local artifacts at centre. Artisans at work. Tortoises. Signature: Raoul Joelson Ravelomanana . Watermark: Zebu cattle head. Printer: Banque de France. Segmented security thread & Solid security thread.
	P79b	TBB B315b	B	10,000	francs	(1995)	UNC	$ 25.40	Old man at right. Statuette & local artifacts at centre. Artisans at work on reverse. Signature: G.E. Ravelojaona. Watermark: Zebu cattle head. Printer: Banque de France. Segmented security thread & Solid security thread.
P79b TBB B315b B 10,000 francs (1995) UNC $ 25.40 Old man at right. Statuette & local artifacts at centre. Artisans at work on reverse. Signature: G.E. Ravelojaona. Watermark: Zebu cattle head. Printer: Banque de France. Segmented security thread & Solid security thread.
	P81a	TBB B313a		2,500	francs	(1998)	UNC	$ 38.10	Queen's Palace. Woman. Artisans on back. Signature: G.E. Ravelojaona. Watermark: Zebu cattle head. Printer: Banque de France.
P81a TBB B313a 2,500 francs (1998) UNC $ 38.10 Queen's Palace. Woman. Artisans on back. Signature: G.E. Ravelojaona. Watermark: Zebu cattle head. Printer: Banque de France.
	P83a	TBB B317a	A-A	2,000	ariary	(2003)	UNC	$ 8.89	Baobab trees at left. Map of Madagascar at centre. Stepped rural scene on back. Printer: Giesecke & Devrient . Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 2000. Map of Madagascar as registration device.
P83a TBB B317a A-A 2,000 ariary (2003) UNC $ 8.89 Baobab trees at left. Map of Madagascar at centre. Stepped rural scene on back. Printer: Giesecke & Devrient . Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 2000. Map of Madagascar as registration device.
	P84a	TBB B318a	A-B	5,000	ariary	(2003)	UNC	$ 19.05	Sailing boats at left. Map of Madagascar at centre.Bay of Fort Dauphin.Printer: Giesecke & Devrient Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 5000. Map of Madagascar as registration device.
P84a TBB B318a A-B 5,000 ariary (2003) UNC $ 19.05 Sailing boats at left. Map of Madagascar at centre.Bay of Fort Dauphin.Printer: Giesecke & Devrient Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 5000. Map of Madagascar as registration device.
	P85a	TBB B319a		10,000	ariary	(2003)	UNC	$ 38.10	Building at left. Map of Madagascar at centre. Work vehicles on reverse. Printer: Giesecke & Devrient Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 10000. Map of Madagascar as registration device.
P85a TBB B319a 10,000 ariary (2003) UNC $ 38.10 Building at left. Map of Madagascar at centre. Work vehicles on reverse. Printer: Giesecke & Devrient Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 10000. Map of Madagascar as registration device.
	P86a	TBB B320a	A-D	100	ariary	2004	UNC	$ 1.27	Traveller's Tree. Tsingy de Bemaraha Strict Nature reserve. Sugar Loaf Hill. Signature: G.E. Ravelojaona. Map as registration device. Watermark: Zebu cattle head. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 100
P86a TBB B320a A-D 100 ariary 2004 UNC $ 1.27 Traveller's Tree. Tsingy de Bemaraha Strict Nature reserve. Sugar Loaf Hill. Signature: G.E. Ravelojaona. Map as registration device. Watermark: Zebu cattle head. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 100
	P86b	TBB B320b	B-V	100	ariary	2004 (2016)	UNC	$ 1.27	Traveller's Tree. Tsingy de Bemaraha Strict Nature reserve. Sugar Loaf Hill. Signature: Frederic Rasamoely. Map as registration device. Watermark: Zebu cattle head. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 100
P86b TBB B320b B-V 100 ariary 2004 (2016) UNC $ 1.27 Traveller's Tree. Tsingy de Bemaraha Strict Nature reserve. Sugar Loaf Hill. Signature: Frederic Rasamoely. Map as registration device. Watermark: Zebu cattle head. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 100
	P87a	TBB B321a	A-A	200	ariary	2004	UNC	$ 1.78	Map of Madagascar as registration device.Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 200. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 200
P87a TBB B321a A-A 200 ariary 2004 UNC $ 1.78 Map of Madagascar as registration device.Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 200. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 200
	P87a	TBB B321a	A-H	200	ariary	2004	UNC	$ 1.78	Map of Madagascar. Green on tan underprint. Printer: BDF. Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 200
P87a TBB B321a A-H 200 ariary 2004 UNC $ 1.78 Map of Madagascar. Green on tan underprint. Printer: BDF. Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 200
	P87a	TBB B321a	A-B	200	ariary	2004	UNC	$ 1.78	Map of Madagascar. Green on tan underprint. Printer: BDF. Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 200
P87a TBB B321a A-B 200 ariary 2004 UNC $ 1.78 Map of Madagascar. Green on tan underprint. Printer: BDF. Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 200
	P87b	TBB B321b		200	ariary	2004	UNC	$ 1.78	Map of Madagascar as registration device. Watermark: Zebu head & Electrotype 200. Signature: F. Rasamoely. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 200
P87b TBB B321b 200 ariary 2004 UNC $ 1.78 Map of Madagascar as registration device. Watermark: Zebu head & Electrotype 200. Signature: F. Rasamoely. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 200
	P87c	TBB B321c	C-F	200	ariary	2004 (2016)	UNC	$ 1.78	Map of Madagascar as registration device. Houses. Gate. Zebu skulls. Watermark: Zebu head & Electrotype 200. Signature: Signature: Alain Herve M. Rasolofondreaibe. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 200
P87c TBB B321c C-F 200 ariary 2004 (2016) UNC $ 1.78 Map of Madagascar as registration device. Houses. Gate. Zebu skulls. Watermark: Zebu head & Electrotype 200. Signature: Signature: Alain Herve M. Rasolofondreaibe. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 200
	P88a	TBB B322a	A-A	500	ariary	2004	UNC	$ 2.54	Women weaving on face. Map of Madagascar as registration device. Cattle on back. . Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 500. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 500
P88a TBB B322a A-A 500 ariary 2004 UNC $ 2.54 Women weaving on face. Map of Madagascar as registration device. Cattle on back. . Signature: G.E. Ravelojaona. Watermark: Zebu head & Electrotype 500. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 500
	P88b	TBB B322b	A-P	500	ariary	2004	UNC	$ 2.54	Women weaving on face.Map of Madagascar as registration device. Cattle on back.Watermark: Zebu head & Electrotype 500. Signature: F. Rasamoely. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 500
P88b TBB B322b A-P 500 ariary 2004 UNC $ 2.54 Women weaving on face.Map of Madagascar as registration device. Cattle on back.Watermark: Zebu head & Electrotype 500. Signature: F. Rasamoely. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 500
	P89a	TBB B323a	A-B	1,000	ariary	2004	UNC	$ 3.68	Map of Madagascar registration device. Cactus Plants on back. Lemurs, radiated tortoise. Watermark: Zebu head & Electrotype 1000. Signature: G.E. Ravelojaona . Printer: Banque de France. Omron rings. Solid security thread with printed BFM 1000
P89a TBB B323a A-B 1,000 ariary 2004 UNC $ 3.68 Map of Madagascar registration device. Cactus Plants on back. Lemurs, radiated tortoise. Watermark: Zebu head & Electrotype 1000. Signature: G.E. Ravelojaona . Printer: Banque de France. Omron rings. Solid security thread with printed BFM 1000
	P89b	TBB B323b	A-X	1,000	ariary	2004	UNC	$ 3.68	Map of Madagascar at centre. Cactus Plants on back. Lemurs, radiated tortoise. Printer: BDF. Watermark: Zebu head & Electrotype 1000. Signature: F. Rasamoely. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 1000
P89b TBB B323b A-X 1,000 ariary 2004 UNC $ 3.68 Map of Madagascar at centre. Cactus Plants on back. Lemurs, radiated tortoise. Printer: BDF. Watermark: Zebu head & Electrotype 1000. Signature: F. Rasamoely. Printer: Banque de France. Omron rings. Solid security thread with printed BFM 1000
	P93a	TBB B330a	MAP	2,000	ariary	2012	UNC	$ 3.81	Commemorative note, a limited issue. Madagascar Action Plan 2007-2012. Trees. Map as registration device. Rice paddies. Signature: Frederic Rasamoely. Watermark: Zebu head & Electrotype 2000. Printer: Giesecke & Devrient.
P93a TBB B330a MAP 2,000 ariary 2012 UNC $ 3.81 Commemorative note, a limited issue. Madagascar Action Plan 2007-2012. Trees. Map as registration device. Rice paddies. Signature: Frederic Rasamoely. Watermark: Zebu head & Electrotype 2000. Printer: Giesecke & Devrient.
	P94a	TBB B331a	MAP	5,000	ariary	2007-2012	UNC	$ 6.35	Sailing boats at left. Map of Madagascar at centre. Coastal scene on back. Madagascar Action Plan 2007-2012. Limited Edition Commemorative. Watermark: Zebu head & Electrotype 5000. Signature: Frederic Rasamoely. Printer: Banque de France.Omron rings
P94a TBB B331a MAP 5,000 ariary 2007-2012 UNC $ 6.35 Sailing boats at left. Map of Madagascar at centre. Coastal scene on back. Madagascar Action Plan 2007-2012. Limited Edition Commemorative. Watermark: Zebu head & Electrotype 5000. Signature: Frederic Rasamoely. Printer: Banque de France.Omron rings
	P97a	TBB B332a	C	100	ariary	(2017)	UNC	$ 1.27	Ambozontany Cathedral. Frog. Butterfly. Birds. Map note. Solid security thread with demetalized BFM 100 & bridge. Zebu head watermark & electrotype 100. Signature: Alain Herve M. Rasolofondreaibe.
P97a TBB B332a C 100 ariary (2017) UNC $ 1.27 Ambozontany Cathedral. Frog. Butterfly. Birds. Map note. Solid security thread with demetalized BFM 100 & bridge. Zebu head watermark & electrotype 100. Signature: Alain Herve M. Rasolofondreaibe.
	P98a	TBB B334a	D	200	ariary	(2017)	UNC	$ 1.27	Butterfly as the registration device. Amber Mountain Waterfall. Tree flowering on Nosy Hara. Birds. Plants. Solid security thread with demetalized BFM200 & map. Map of Madagascar. Watermark: Zebu cattle head & electrotype 200. Signature: Rasolodondraibe.
P98a TBB B334a D 200 ariary (2017) UNC $ 1.27 Butterfly as the registration device. Amber Mountain Waterfall. Tree flowering on Nosy Hara. Birds. Plants. Solid security thread with demetalized BFM200 & map. Map of Madagascar. Watermark: Zebu cattle head & electrotype 200. Signature: Rasolodondraibe.
	P99a	TBB B334a	D	500	ariary	(2017)	UNC	$ 1.27	Butterfly. Birds. Map note. Solid security thread with demetalized BFM 500 & bridge. Zebu head watermark & electrotype 500. Village. Rock formation. Signature: Alain Herve M. Rasolofondreaibe.
P99a TBB B334a D 500 ariary (2017) UNC $ 1.27 Butterfly. Birds. Map note. Solid security thread with demetalized BFM 500 & bridge. Zebu head watermark & electrotype 500. Village. Rock formation. Signature: Alain Herve M. Rasolofondreaibe.
	P100a	TBB B335a	D	1,000	ariary	(2017)	UNC	$ 1.91	Kamoro bridge.Rock formation. Birds. Solid security thread with demetalized BFM 1000 & bridge. Zebu head watermark & electrotype 1000. Butterfly. Map note. Signature: Alain Herve M. Rasolofondreaibe.
P100a TBB B335a D 1,000 ariary (2017) UNC $ 1.91 Kamoro bridge.Rock formation. Birds. Solid security thread with demetalized BFM 1000 & bridge. Zebu head watermark & electrotype 1000. Butterfly. Map note. Signature: Alain Herve M. Rasolofondreaibe.

NB: Image for identification, the serial number you receive may differ if I have more than one

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