On 22 November 2017, the central bank unveiled the following designs for the third family of notes, to be introduced into circulation one year later, on the 25th anniversary of the dram, the national currency. These notes were designed by Edward Kurginyan, Vardan Vardanyan, and Suren Simonyan, but considerable changesRead More…

Banky Foiben’i Madagasikara introduced these four smaller denominations on 18 September 2017, completing the new family that premiered on 17 July 2017. The theme remains “Madagascar and its Riches,” including economic activities, biodiversity, culture, and tourist sites. All the notes have tactile geometric features for the sight-impaired, zebu head watermarks,Read More…

Banky Foiben’i Madagasikara intends to introduce a new family of notes with the following denominations: 100, 200, 500, 1,000, 2,000, 5,000, 10,000, and 20,000 ariary. The four larger denominations will be issued on 17 July 2017, followed by the four smaller denominations on 18 September 2017. The theme remains “MadagascarRead More…