The Malagasy Franc (MGF) is obsolete. It was replaced with the Malagasy Ariary (MGA) on January 1, 2005.
One MGA is equivalent to 5 MGF.

Malagasy Ariary (MGA) and West African CFA (XOF) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and West African CFA convertor is up to date with exchange rates from June 11, 2025.

Enter the amount to be converted in the box to the left of Malagasy Franc. Use "Swap currencies" to make West African CFA the default currency. Click on West African CFAs or Malagasy Francs to convert between that currency and all other currencies.

Madagascar
BeninBurkina FasoIvory CoastGuinea-BissauMaliNigerSenegalTogo
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The West African CFA is the currency in Benin (BJ, BEN), Burkina Faso (BF, BFA), Ivory Coast (Cote D'Ivoire, CI, CIV), Guinea-Bissau (GW, GNB), Mali (ML, MLI), Niger (NE, NER), Senegal (SN, SEN), and Togo (TG, TGO). The West African CFA is also known as Communaute Financiere Africaine BCEAO Franc. The symbol for MGF can be written FMG. The symbol for XOF can be written CFAF. The Malagasy Franc is divided into 100 centimes. The West African CFA is divided into 100 centimes. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The exchange rate for the West African CFA was last updated on June 11, 2025 from The International Monetary Fund. The MGF conversion factor has 2 significant digits. The XOF conversion factor has 6 significant digits.


MGF XOF
coinmill.com
20,000 526
50,000 1316
100,000 2632
200,000 5264
500,000 13,161
1,000,000 26,322
2,000,000 52,645
5,000,000 131,612
10,000,000 263,223
20,000,000 526,446
50,000,000 1,316,115
100,000,000 2,632,231
200,000,000 5,264,462
500,000,000 13,161,154
1,000,000,000 26,322,309
2,000,000,000 52,644,618
5,000,000,000 131,611,545
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,000
1000 38,000
2000 76,000
5000 189,950
10,000 379,900
20,000 759,800
50,000 1,899,550
100,000 3,799,050
200,000 7,598,100
500,000 18,995,300
1,000,000 37,990,600
2,000,000 75,981,200
5,000,000 189,952,950
10,000,000 379,905,900
20,000,000 759,811,750
50,000,000 1,899,529,400
100,000,000 3,799,058,800
XOF rate
June 11, 2025

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