A Malagasy banknote issued by Institute d'Emission Malgache / Famoaham-Bolan'ny Repoblika Malagasy to the value of 100 Ariary. On the front is depicted a Malagasy woman, highland scene, aloalo carvings and zebu horn, and on the reverse a bay with plants including traveller's palms. There is a watermark of a girl's head. The signature is of Président du Conseil d'Administration Victor Miadana. Printed by Banque de France.