10 Malagasy Ariary Coin (Issued 2003)

The 10 Malagasy Ariary coin issued in 2003 forms part of the modern coinage of Madagascar, introduced following the country’s transition from the Malagasy Franc (FMG) to the Ariary as the official currency. This denomination represents a small but important unit of everyday circulation and reflects Madagascar’s emphasis on national identity, agriculture, and labour through its coin designs.

On the obverse, the coin displays the denomination “ariary 10” at the centre, framed by a wreath and topped with a five-pointed star. Surrounding this is the inscription “Repoblika Demokratika Malagasy,” identifying the Democratic Republic of Madagascar. The year of issue appears below, confirming its release as part of the early-2000s Ariary series. The overall design is formal and emblematic, using traditional heraldic elements commonly found on Malagasy coinage of the period.

The reverse features a detailed scene depicting agricultural labour, showing a standing figure working the land with a tool against a stylised rural landscape. Below the image is a Malagasy inscription referring to national development and agriculture, reinforcing the importance of farming and self-sufficiency within Madagascar’s economy. The textured background and raised details give the coin a practical yet symbolic appearance, suitable for circulation while still carrying cultural meaning.

Although still legal tender in Madagascar, coins of this denomination are rarely used outside the country and are not generally accepted by UK banks. As a result, 10 Ariary coins issued in 2003 are commonly presented to specialist exchange services when found among leftover travel money or collections of African coinage.

• Indicate the quantity of 10 Malagasy Ariary coins you want to exchange

• Click the ‘Add to your account’ button

• Your online account now shows the exchange value

We offer a UK-based service for exchanging Malagasy coins, including lower-denomination Ariary issues that are no longer practical to spend. Coins from Madagascar are often overlooked by high-street banks, but we provide a straightforward way to obtain a valuation and convert them securely.