Banky Foiben’i Madagasikara (Central Bank of Madagascar)

Diagonal boxed red SPÉCIMEN ovpt front/back; horizontal red # ovpt on watermark area; vertical SPECIMEN perf; all-zero s/n 25,000 francs

• 500 francs = zato (100) ariary (B301a)
• 500 francs = zato (100) ariary (B301b)
• 500 francs = zato (100) ariary (B301as1)
• 500 francs = zato (100) ariary (B301as2)
• 500 francs = zato (100) ariary (B301bs)
• 500 francs = zato (100) ariary (B301z)
• 1,000 francs = roan-jato (200) ariary (B302a)
• 1,000 francs = roan-jato (200) ariary (B302b)
• 1,000 francs = roan-jato (200) ariary (B302as1)
• 1,000 francs = roan-jato (200) ariary (B302as2)
• 1,000 francs = roan-jato (200) ariary (B302bs)
• 1,000 francs = roan-jato (200) ariary (B302bz)
• 5,000 francs = arivo (1,000) ariary (B303a)
• 5,000 francs = arivo (1,000) ariary (B303b)
• 5,000 francs = arivo (1,000) ariary (B303as1)
• 5,000 francs = arivo (1,000) ariary (B303as2)
• 5,000 francs = arivo (1,000) ariary (B303z)
• 10,000 francs = roa arivo (2,000) ariary (B304a)
• 10,000 francs = roa arivo (2,000) ariary (B304b)
• 10,000 francs = roa arivo (2,000) ariary (B304as1)
• 10,000 francs = roa arivo (2,000) ariary (B304as2)
• 10,000 francs = roa arivo (2,000) ariary (B304z)
• 500 francs = zato (100) ariary (B305a)
• 500 francs = zato (100) ariary (B305b)
• 500 francs = zato (100) ariary (B305as1)