The Malagasy Franc (MGF) is obsolete.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 July 12, 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 July 10, 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
20,000 523
50,000 1307
100,000 2615
200,000 5229
500,000 13,073
1,000,000 26,146
2,000,000 52,292
5,000,000 130,729
10,000,000 261,458
20,000,000 522,916
50,000,000 1,307,290
100,000,000 2,614,580
200,000,000 5,229,160
500,000,000 13,072,901
1,000,000,000 26,145,801
2,000,000,000 52,291,603
5,000,000,000 130,729,006
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,100
1000 38,250
2000 76,500
5000 191,250
10,000 382,450
20,000 764,950
50,000 1,912,350
100,000 3,824,700
200,000 7,649,400
500,000 19,123,550
1,000,000 38,247,050
2,000,000 76,494,100
5,000,000 191,235,300
10,000,000 382,470,600
20,000,000 764,941,200
50,000,000 1,912,352,950
100,000,000 3,824,705,900
XOF rate
July 10, 2025

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