A larger
monetary unit of
Madagascar. It is equal to 5
Malagasy francs. It was a pre-colonial name later adopted in parallel to the franc currency. In July 2003 President
Marc Ravalomanana announced that the name of the
franc would be scrapped, and the new currency would become 5
iraimbilanja = 1 ariary. Banknotes of 2000, 5000, and 10 000 ariary are being issued.
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