e-Ariary

Research

Madagascar

Central Bank(s)

Banky Foiben'i Madagasikara

Announcement Year

2021

Status

Research

Retail/Wholesale

Retail

Technology Provider

eCurrency

Main motivation/goals of the CBDC

The main goals are to improve financial inclusion, to reduce costs for cash management and to strenghthen monetary sovereignity.

Description

Madagascar is at exploratory stage.

Link to announcement

www.prnewswire.com

Timeline

Last update: October 2025

October 2025

Updated data

Link to announcement: www.prnewswire.com

September 2024

Added data

Technology Provider: eCurrency

Updated data

Link to announcement: www.consumerworldreport.com

August 2021

Status updated

None Research

Added data

Announcement Year: 2021

Retail/Wholesale: Retail

Description: Madagascar is at exploratory stage.

Main motivation/goals of the CBDC: The main goals are to improve financial inclusion, to reduce costs for cash management and to strenghthen monetary sovereignity.

Link to announcement: www.banky-foibe.mg

Country / Region: Madagascar

Central Bank(s): Banky Foiben'i Madagasikara

News

No recent news found for this currency.