Travel Reference
In-Depth Information
Maps
Regional maps and street maps of provincial capitals are produced by Foiben Taosarintan-
in'i Madagasikara (FTM). FTM maps can be fairly dated but are generally accurate, al-
though they can be hard to find (normally in bookshops for around Ar20,000).
Edicom and Carambole both publish detailed maps of Antananarivo, which are widely
available at bookshops and cost about Ar15,000.
Topographical maps are hard to find in Madagascar, so buy one before you leave.
Money
Madagascar changed its currency from the Malagasy franc (FMG) to the ariary (Ar) in
2005. But despite having had a few years to get used to the new currency, many Malagas-
ies still count in FMG (one ariary is worth five FMG), so it is essential you clarify which
currency a price is being quoted in, particularly in rural areas.
Inflation is rampant in Madagascar, and the denominations are struggling to keep up.
The biggest bank note currently available is Ar10,000, but with a main course at a restaur-
ant costing Ar10,000 to Ar15,000, many agree it won't be long until larger denominations
are printed.
For travellers, it means that changing just €300 will produce a wad some 85 notes
thick…
Only the most upmarket resorts will accept payments in foreign currency.
ATMS
»You'll find ATMs in all major towns and cities.
»Withdrawals from ATMs are capped at Ar300,000.
»All ATMs accept Visa.
»Crédit Agricole (BNI-CA) ATMs also accept MasterCard.
CREDIT CARDS
Visa credit cards are accepted at some upmarket hotels and shops, Air Madagascar, and at
some larger travel agencies.
Although MasterCard can now be used at Crédit Agricole (BNI-CA) ATMs, you will not
be able to make payments with it.
Some places levy a commission of about 5% to 8% for credit-card payments.
Visa and MasterCard can be used at most banks to obtain cash advances of up to Ar10
million; commission rates go as high as 5%, depending on the bank.
MONEYCHANGERS
The main banks:
»Bank of Africa (BOA)
»Bankin'ny Indostria-Crédit Agricole (BNI-CA)
