Madagascar
2017 - Madagascar PIC 97 100 Ariary UNC
This individual banknote from Madagascar is a 100 Ariary note associated with 2017. It is identified..
2017 - Madagascar PIC 98 200 Ariary UNC
This individual banknote from Madagascar is denominated at 200 Ariary and is associated with 2017. T..
2017 - Madagascar PIC 99 500 Ariary UNC
This individual banknote from Madagascar is denominated 500 Ariary and is associated with 2017. It i..
Frequently asked questions
What periods and currency formats are represented in the Madagascar banknote catalog?
This shop’s Madagascar catalog spans issues dated from 1966 to 2017. It includes franc-denominated notes, notes showing franc denominations with ariary equivalents in the records, and later notes denominated directly in ariary. Examples range from the 1966 PIC 57a 100 francs, described as 20 ariary, through several 1990s franc issues and ariary-denominated series from 2003 onward.
Which Madagascar denominations appear in this shop’s catalog?
The represented franc denominations include 100, 500, 1,000, 10,000 and 25,000 francs. Ariary denominations represented include 100, 200, 500, 1,000, 2,000, 5,000 and 20,000 ariary. Some 1990s records pair franc values with ariary equivalents, such as 500 francs with 100 ariary and 1,000 francs with 200 ariary. This describes the shop catalog rather than every Madagascar denomination issued.
How can I distinguish Madagascar PIC 75a from PIC 75b?
Both catalog references identify a 1994 Madagascar 500-franc note, described in the records as equivalent to 100 ariary. The distinguishing catalog detail is the signature variety: PIC 75a is listed with Signature 4, while PIC 75b is listed with Signature 5. Collectors should therefore compare the full reference and signature information rather than relying only on the date and denomination.
What do the letter suffixes on Madagascar catalog references indicate here?
Letter suffixes distinguish listed variants sharing a main catalog number. For example, the 2004 100-ariary notes appear as PIC 86a with Signature 5 and PIC 86b with Signature 6. The same pattern occurs for the 200-ariary denomination: PIC 87a has Signature 5 and PIC 87b has Signature 6. The suffix is therefore important when identifying these cataloged signature varieties.
What should a buyer check before selecting a Madagascar banknote?
Check the listing’s date, denomination, PIC reference, stated grade and any signature designation. The supplied titles describe the notes as UNC, while some records specify signature varieties. Product images are stated to be for reference, and the banknote number visible in an image will not be the number sent. Buyers should use the written reference and variant details as the primary identification information.
Which Madagascar banknotes form the notable 2017 group in the catalog?
The 2017 group covers a broad ariary denomination sequence. It includes 100 ariary PIC 97, 200 ariary PIC 98, 500 ariary PIC 99, 1,000 ariary PIC 100, 2,000 ariary PIC 101, 5,000 ariary PIC 102 and 20,000 ariary PIC 104. These linked dates and consecutive references make the group useful for collectors organizing Madagascar notes by series, denomination and catalog number.



