Malagasy Ariary

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Accepted banknotes

Modern Malagasy Ariary (MGA)

Current Series

The Malagasy Ariary (MGA) is the official currency of Madagascar, issued by the Banky Foiben’i Madagasikara (Central Bank of Madagascar).

The modern series showcases the island’s extraordinary biodiversity, cultural heritage, and key economic sectors such as agriculture, wildlife conservation, and maritime trade.

Current notes feature vibrant colour palettes, updated security features, and durable materials designed for long‑term circulation in Madagascar’s tropical climate.

These designs remain the primary legal tender across the country and are widely recognised throughout the region.

Exchange Your Modern Malagasy Ariary

Enter the amount you wish to exchange into your wallet and complete the exchange — we handle the rest efficiently and professionally.

Outdated Malagasy Ariary Notes

Withdrawn Currency

Before the introduction of the current enhanced‑security series, Madagascar issued several earlier generations of Ariary and Franc‑denominated banknotes.

These withdrawn notes include older portraits, traditional motifs, and classic engraving styles reflecting Madagascar’s cultural and economic development throughout the 20th century.

As the Central Bank modernised the currency, older issues were gradually replaced with clearer layouts, stronger security features, and more durable materials.

Although no longer used in everyday transactions, earlier Malagasy Ariary notes still appear in stored belongings, travel documents, and long‑kept personal items.

At Thecurrencycounter.co.uk, we accept a wide range of outdated Malagasy Ariary notes, including early paper issues, transitional designs, and denominations no longer seen in circulation.

If your specific note isn’t listed on our site, you’re welcome to get in touch — we may still be able to help.

Exchange Your Old Malagasy Ariary

Add the amount you wish to exchange into your wallet and complete the exchange, and we’ll take care of everything promptly and professionally.