The Malagasy Franc (MGF) is obsolete.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.

Indian Rupee (INR) and Malagasy Ariary (MGA) Currency Exchange Rate Conversion Calculator

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This Indian Rupee and Malagasy Franc convertor is up to date with exchange rates from September 22, 2025.

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

India
Madagascar
Other countries and currencies

The Indian Rupee is the currency in India (IN, IND). The Malagasy Franc is the currency in Madagascar (MG, MDG). The symbol for INR can be written Rs, and IRs. The symbol for MGF can be written FMG. The Indian Rupee is divided into 100 paise. The Malagasy Franc is divided into 100 centimes. The exchange rate for the Indian Rupee was last updated on September 22, 2025 from The International Monetary Fund. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The INR conversion factor has 6 significant digits. The MGF conversion factor has 2 significant digits. Large amounts of Rupees are expressed in lakh rupees or crore rupees. A Lakh Rupee is one hundred thousand rupees and a crore rupee is ten million rupees.


INR MGF
coinmill.com
50.0 12,050
100.0 24,100
200.0 48,250
500.0 120,600
1000.0 241,250
2000.0 482,450
5000.0 1,206,150
10,000.0 2,412,250
20,000.0 4,824,500
50,000.0 12,061,300
100,000.0 24,122,600
200,000.0 48,245,250
500,000.0 120,613,100
1,000,000.0 241,226,200
2,000,000.0 482,452,350
5,000,000.0 1,206,130,900
10,000,000.0 2,412,261,750
INR rate
September 22, 2025
MGF INR
coinmill.com
20,000 82.9
50,000 207.3
100,000 414.5
200,000 829.1
500,000 2072.7
1,000,000 4145.5
2,000,000 8291.0
5,000,000 20,727.4
10,000,000 41,454.9
20,000,000 82,909.7
50,000,000 207,274.4
100,000,000 414,548.7
200,000,000 829,097.4
500,000,000 2,072,743.5
1,000,000,000 4,145,487.1
2,000,000,000 8,290,974.2
5,000,000,000 20,727,435.4
MGF rate
June 5, 2023

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