The Malagasy Franc (MGF) is obsolete.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 June 27, 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 June 26, 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 1309
100,000 2617
200,000 5234
500,000 13,085
1,000,000 26,170
2,000,000 52,341
5,000,000 130,852
10,000,000 261,704
20,000,000 523,407
50,000,000 1,308,518
100,000,000 2,617,035
200,000,000 5,234,071
500,000,000 13,085,177
1,000,000,000 26,170,354
2,000,000,000 52,340,707
5,000,000,000 130,851,768
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,100
1000 38,200
2000 76,400
5000 191,050
10,000 382,100
20,000 764,200
50,000 1,910,550
100,000 3,821,100
200,000 7,642,250
500,000 19,105,600
1,000,000 38,211,200
2,000,000 76,422,350
5,000,000 191,055,900
10,000,000 382,111,750
20,000,000 764,223,550
50,000,000 1,910,558,800
100,000,000 3,821,117,650
XOF rate
June 26, 2025

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