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Banknote Book & CPG® PRICE GUIDE

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Institut d’Émission Malgache
Banky Foiben’ny Repoblika Malagasy

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About This Series

The Greysheet Catalog (GSID) of the Institut d’Émission Malgache series of Malagasy Republic in the World Currency contains 41 distinct entries with CPG® values between $3.00 and $7,800.00.
On 26 June 1960, the former colony of Madagascar gained independence from France as the Malagasy Republic, and the Institut d’Émission Malgache (French: Malagasy Issuing Institute, IEM) was created to issue currency.

Catalog Detail

Legal Disclaimer

The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.

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  Institut d’Émission Malgache Value Range Favorite
Institut d’Émission Malgache Value Range  
50 francs = 10 ariary (B101a)
$8.00
-
$30.00
$8.00 - $30.00
50 francs = 10 ariary (B101b)
$8.00
-
$30.00
$8.00 - $30.00
50 francs = 10 ariary (B101as)
-
 
100 francs = 20 ariary (B102a)
$6.00
-
$100.00
$6.00 - $100.00
100 francs = 20 ariary (B102b)
$6.00
-
$100.00
$6.00 - $100.00
100 francs = 20 ariary (B102bs)
-
 
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500 francs = 100 ariary (B103a)
$75.00
-
$7,800
$75.00 - $7,800
500 francs = 100 ariary (B103b)
$75.00
-
$7,800
$75.00 - $7,800

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500 francs = 100 ariary (B103c1)
$75.00
-
$7,800
$75.00 - $7,800
500 francs = 100 ariary (B103c2)
$75.00
-
$7,800
$75.00 - $7,800
500 francs = 100 ariary (B103d)
$75.00
-
$7,800
$75.00 - $7,800
1,000 francs = 200 ariary (B104a)
-
 
1,000 francs = 200 ariary (B104b)
-
 
1,000 francs = 200 ariary (B104c)
$60.00
-
$950
$60.00 - $950
1,000 francs = 200 ariary (B104d)
$60.00
-
$950
$60.00 - $950
1,000 francs = 200 ariary (B104s1)
-
 
1,000 francs = 200 ariary (B104s2)
-
 
5,000 francs = 1,000 ariary (B105a)
$200.00
-
$3,200
$200.00 - $3,200
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5,000 francs = 1,000 ariary (B105b)
$200.00
-
$3,200
$200.00 - $3,200
5,000 francs = 1,000 ariary (B105as)
-
 
5,000 francs = 1,000 ariary (B105bs)
-
 
1,000 francs = 200 ariary (B106a)
$50.00
-
$200.00
$50.00 - $200.00
1,000 francs = 200 ariary (B106b)
$50.00
-
$200.00
$50.00 - $200.00

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1,000 francs = 200 ariary (B106as)
-
 
100 francs = roapolo (B107a)
$3.00
-
$50.00
$3.00 - $50.00
100 francs = roapolo (B107b)
$3.00
-
$50.00
$3.00 - $50.00
100 francs = roapolo (B107as1)
-
 
100 francs = roapolo (B107as2)
-
 
500 francs = zato (B108a)
$11.00
-
$180.00
$11.00 - $180.00
500 francs = zato (B108b)
$11.00
-
$180.00
$11.00 - $180.00
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500 francs = zato (B108as1)
-
 
500 francs = zato (B108as2)
-
 
500 francs = zato (B108s)
-
 
1,000 francs = roan-jato (B109a)
$10.00
-
$150.00
$10.00 - $150.00
1,000 francs = roan-jato (B109as)
-
 
5,000 francs = arivo (B110a)
$25.00
-
$400
$25.00 - $400
5,000 francs = arivo (B110as1)
-
 
5,000 francs = arivo (B110as2)
-
 

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50 francs = folo (B111a)
$3.00
-
$45.00
$3.00 - $45.00
50 francs = folo (B111b)
$3.00
-
$45.00
$3.00 - $45.00
50 francs = folo (B111as)
-
 
       

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Greysheet Catalog Details

The Greysheet Catalog (GSID) of the Institut d’Émission Malgache series of Malagasy Republic in the World Currency contains 41 distinct entries with CPG® values between $3.00 and $7,800.00.
On 26 June 1960, the former colony of Madagascar gained independence from France as the Malagasy Republic, and the Institut d’Émission Malgache (French: Malagasy Issuing Institute, IEM) was created to issue currency.

Catalog Detail

Legal Disclaimer

The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.

Read CDN Terms of Use