20 Years Banknote Sorting Machine Manufacturers & Suppliers - Grace Cash Sorting Machine
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20 Years Banknote Sorting Machine Manufacturers & Suppliers - Grace Cash Sorting Machine
The island nation of Madagascar in Africa recently issued new versions of its 2,000, 5,000, 10,000, and 20,000 ariary banknotes.
Compared to the old version of the banknotes, the newly issued edition retains the original design while incorporating anti-counterfeiting features such as tactile markings for the visually impaired, zebra-head watermarks, and rainbow-colored stripes. The most notable addition is an upgraded security thread.
The "Ariary" officially replaced the previously circulating Malagasy Franc on January 1, 2005, with an exchange rate of 1 Franc to 0.2 Ariary. Notably, the "Ariary" is also one of only two non-decimal currencies in the world (the other being the Mauritanian Ouguiya), where 1 Ariary equals 5 cents.
Currently, the circulating Ariary banknotes include denominations of 100, 200, 500, 1,000, 2,000, 5,000, 10,000, and the newly added 20,000 introduced in 2017.
The design theme of this banknote series is "Madagascar and Its Wealth," which not only incorporates the local biodiversity and natural heritage but also showcases the economic and traditional cultural elements of Madagascar.
