The new Ariary will buy five Malagasy francs, and will be made up of five subdivisions called Iraimbilanja.
BBC: Madagascar resurrects old currency
Starting on 31 July, the Malagasy Central Bank will issue new Ariary banknotes in 10, 000, 5, 000, and 2, 000 denominations.
The government of Madagascar has announced plans to ditch the Malagasy franc and bring back its pre-colonial currency, the Ariary .
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