The Malagasy Franc (MGF) is obsolete.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 August 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 August 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
20,000 524
50,000 1311
100,000 2622
200,000 5244
500,000 13,109
1,000,000 26,218
2,000,000 52,436
5,000,000 131,091
10,000,000 262,182
20,000,000 524,364
50,000,000 1,310,909
100,000,000 2,621,818
200,000,000 5,243,636
500,000,000 13,109,091
1,000,000,000 26,218,182
2,000,000,000 52,436,363
5,000,000,000 131,090,908
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,050
1000 38,150
2000 76,300
5000 190,700
10,000 381,400
20,000 762,850
50,000 1,907,050
100,000 3,814,150
200,000 7,628,300
500,000 19,070,750
1,000,000 38,141,450
2,000,000 76,282,950
5,000,000 190,707,350
10,000,000 381,414,700
20,000,000 762,829,400
50,000,000 1,907,073,550
100,000,000 3,814,147,050
XOF rate
August 11, 2025

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