A complete set of new series of 8 notes from 100 Ariary to 20,000 Ariary. This is the first time a 20,000 Ariary is issued. If this 20,000 Ariary note is converted back to the previous currency. it would be the value of 100,000 Francs. These notes were issued in 2017 in two batches. The first 4 of the higher denominations were issued on 17.07.2017 and the remaining 4 notes were released on 18.09.2017. The 100 Ariary is a small size note measuring 114mm x 60mm, whilst the largest note, being the 20,000 Ariary is measuring 149mm x 81mm. There are no dates printed on the notes for this series. All notes are signed by the Bank Governor Alain Herye M Rasolofondraibe (appointed since 2014).
One Hundred Ariary (114mm x 60mm)
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| ND2017, P97 - Ambozontany Fianarantsoa Cathedral |
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| Reverse - frog |
Two Hundred Ariary (119mm x 63mm)
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| ND2017, P98 - Amber mountains waterfall |
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| Reverse - baobab (tree) |
Five Hundred Ariary (124mm x 66mm)
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| ND2017, P99 - Palace |
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| Reverse - Ambohimanga hill |
One Thousand Ariary (129mm x 69mm)
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| ND2017, P100 - Kamoro bridge |
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| Reverse - natural rock formation |
Two Thousand Ariary (134mm x 72mm)
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| ND2017, P101 - lemur, flower |
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| Reverse - tropical pitcher plant |
Five Thousand Ariary (139mm x 75mm)
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| ND2017, P102 - Parc de Ronomafana waterfall in Ranomafana Park |
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| Reverse - humpback whale, Trou du Commissaire beach in Manakara |
Ten Thousand Ariary (144mm x 78mm)
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| ND2017, P103 - port of Ehoala |
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| Reverse - Valiha (tube) & Zafimaniry caved wodden objects |
Twenty Thousand Ariary (149mm x 81mm) - Hybrid
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| ND2017, P104 - Sherritt Ambatovy nickle processing plant in Ambatovy |
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| Reverse - vanilla, rice and lychees |
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