The 2000 ariary of 2003 is one of the first notes of the series with which Madagascar moved from the franc to the ariary; the ariary became the country’s official currency on 1 January 2005. The note came out in 2003 together with the 5000 and 10,000 ariary.

The front shows baobabs and the back rice terraces. Beside the ariary value the franc equivalent is also given, 10,000 francs, at five francs to the ariary. The note is signed by Central Bank Governor Gaston Edouard Ravelojaona (1996–2007).

The design proved long-lived: an almost identical note, P90, appeared in 2007, and from 2008 the franc equivalent disappeared from the 2000 ariary.

The note opens the ariary section of a Madagascar collection and fits a «baobabs on banknotes» selection; next to the 2008 2000 ariary it shows clearly how the franc disappeared from the notes. UNC condition means the note has never circulated: no folds, no wear, no soiling, even corners — just as it left the press.

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