The Malagasy Franc (MGF) is obsolete.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 September 15, 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 September 15, 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
20,000 520
50,000 1299
100,000 2599
200,000 5198
500,000 12,994
1,000,000 25,988
2,000,000 51,976
5,000,000 129,940
10,000,000 259,879
20,000,000 519,758
50,000,000 1,299,396
100,000,000 2,598,792
200,000,000 5,197,585
500,000,000 12,993,962
1,000,000,000 25,987,923
2,000,000,000 51,975,847
5,000,000,000 129,939,616
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,250
1000 38,500
2000 76,950
5000 192,400
10,000 384,800
20,000 769,600
50,000 1,923,950
100,000 3,847,950
200,000 7,695,900
500,000 19,239,700
1,000,000 38,479,400
2,000,000 76,958,800
5,000,000 192,397,050
10,000,000 384,794,100
20,000,000 769,588,250
50,000,000 1,923,970,600
100,000,000 3,847,941,200
XOF rate
September 15, 2025

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