Two weeks ago, I’ve been called by a friend telling that he had withdrawed money from an ATM and then noticed that the banknotes were different than usual. He explained that it wasn’t the Governor’s signature and there was no transcription into Malagasy Francs (MGF) on the banknotes.
Alerted by some today’s tweets, I think I should share the little thing I know about it for now.
nouveaux billets 10’000 Ar ne portent pas de signature du gouverneur Banque à #Madagascarhttp://bit.ly/2hexjZ src orange.mg [New 10,000 Ar banknotes do not bear the governor’s signature]
So what’s the deal behind those non-complying to central bank MGA money specimen that circulate in #madagascar ?
@solofo vola baoritra tena vola.. satria ny fanjakana no mamoaka azy.. sa ahoana? [real or fake banknotes… since it is the Sate which issues them?]
The pic above shows what my friend tried to tell me on the phone. Wanting to know more about it, I went on the Central Bank of Madagascar’s site and this is what I’ve discovered.
To start with I know nothing about the banknotes without signature. I haven’t seen such banknote yet.
About the signature (see blue arrows on pic above), the one on top is Gaston Ravelojaona‘s signature, the former Governor. The second signature is Frédéric Rasamoely‘s, the current Governor. See Central Bank of Madagascar‘s official announcement related to this.
La Banque Centrale de Madagascar porte à la connaissance du public que des coupures de Ar 2000, portant la signature du Gouverneur RASAMOELY Frédéric, ont été mises en circulation depuis le début du mois d’Octobre 2007. [The Central Bank of Madagascar announces to the public that Ar 2,000 banknotes bearing the signature of the Governor RASAMOELY Frédéric , have been issued since the beginning of October 2007]
La Banque Centrale précise que les autres billets portant la signature du Gouverneur RASAMOELY Frédéric seront également mis en circulation au cours des prochains mois. [The Central Bank of Madagascar specifies that the other banknotes bearing the signature of the Governor RASAMOELY Frédéric will also be issued for the next months]
I think that the current banknotes are not fake but the Central Bank of Madagascar has failed to make an official annoucement concerning the change (no transcription into Malagasy Francs – see red arrows on pic above), – I’m wondering why??? though it is a very “big mistake”. I hope they will have it fixed soon. Due to the political turmoil, this situation has created a lot of rumors and psychosis. For now, see the applicable banknotes on Central Bank of Madagascar’s site.
10 comments
Comments feed for this article
January 20, 2010 at 10:40 pm
Tweets that mention Current Malagasy banknotes « DagoTiako -- Topsy.com
[…] This post was mentioned on Twitter by ariniaina, ICE Club Madagascar. ICE Club Madagascar said: [ICE member blog] Current Malagasy banknotes: Two weeks ago, I’ve been called by a friend telling that he had with… http://bit.ly/7dAU1Z […]
January 21, 2010 at 3:00 am
Lova
Excellent. I don’t want to overstate it but it is such evidence-based thoughtful post that makes the Malagasy blogosphere so valuable. Well-done and here is wishing your drive for blogging stays strong 🙂
January 21, 2010 at 3:57 am
Current Malagasy banknotes « DagoTiako | madagascartoday
[…] is the original: Current Malagasy banknotes « DagoTiako Share and […]
January 21, 2010 at 6:12 am
Saveoursmile
Great article.
Another difference is that those “different” banknotes all have serial number starting with “B” while the older ones start with “A”
Finally,on the back side (the one with the “lakana” for a 5000MGA), on the top-right corner, you have a sign (an “underlined” round sign)- for the 10000MGA I think it is a triple line sign (I have to double-check for the 10000MGA as I don’t have one now)
Moreover, the usual security measures are all there with those “different” banknotes:
– the “zebu” filigrane
– the light string tightly inserted into the banknote with its value written on it
– the copy-preventing light line on the right-side of the banknote
January 21, 2010 at 6:23 am
Saveoursmile
Great article.
Another difference is that those “different” banknotes all have serial number starting with “B” while the older ones start with “A”
Finally,on the back side (the one with the “lakana” for a 5000MGA), on the top-right corner, you have a sign (an “underlined” round sign)- for the 10000MGA I think it is a triple line sign (I have to double-check for the 10000MGA as I don’t have one now)
Moreover, the usual security measures are all there with those “different” banknotes:
– the “zebu” filigrane
– the light string tightly inserted into the banknote with its value written on it
– the copy-preventing light line on the right-side of the banknote
Now the question is: when did these banknotes enter the circuit?
January 21, 2010 at 8:59 am
saveoursmile
so I checked the 10000ariary
– I confirm that the “different” one has triple line on the top-right corner
– however, I have found a 10000MGA which serial number starts with an A rather than B as I stated before …
January 21, 2010 at 11:31 am
tomavana
Great blogging time indeed! Thanks for your quick response 😀
January 21, 2010 at 1:25 pm
DotMG
Nanao ny asany tsara ny banky foibe, ary efa tamin’ny andron-dRavalomanana no nivoaka io sonia vaovao io, ary tamin’izany no efa nanao médiatisation à outrance ny banky foibe nanazava ny momba ny vola vaovao (izay tsy vaovao loatra fa misy miova kely fotsiny). Mora akorontana ny Malagasy ny tena marina.
January 25, 2010 at 7:21 pm
Rising Voices » FOKO: 50 Years Of Independence Of Madagascar
[…] at Dago Tiako discovers that some Malagasy bank notes had been issued without the Governor's sign. I think that the current […]
January 28, 2010 at 7:02 am
Global Voices in Italiano » Madagascar: 50 anni d’indipendenza, tra problemi irrisolti e speranze future
[…] su Dago Tiako rivela come [in] una serie di banconote del Madagascar siano state emesse senza la firma del Governatore. Penso […]