The Malagasy Franc (MGF) is obsolete.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 1, 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 1, 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 12,250
100.0 24,450
200.0 48,950
500.0 122,350
1000.0 244,700
2000.0 489,350
5000.0 1,223,400
10,000.0 2,446,800
20,000.0 4,893,600
50,000.0 12,234,050
100,000.0 24,468,050
200,000.0 48,936,100
500,000.0 122,340,300
1,000,000.0 244,680,600
2,000,000.0 489,361,200
5,000,000.0 1,223,402,950
10,000,000.0 2,446,805,900
INR rate
September 1, 2025
MGF INR
coinmill.com
20,000 81.7
50,000 204.3
100,000 408.7
200,000 817.4
500,000 2043.5
1,000,000 4087.0
2,000,000 8173.9
5,000,000 20,434.8
10,000,000 40,869.6
20,000,000 81,739.2
50,000,000 204,348.0
100,000,000 408,696.1
200,000,000 817,392.2
500,000,000 2,043,480.5
1,000,000,000 4,086,960.9
2,000,000,000 8,173,921.8
5,000,000,000 20,434,804.6
MGF rate
June 5, 2023

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