The Malagasy Franc (MGF) is obsolete.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 October 7, 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 October 7, 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 5230
500,000 13,075
1,000,000 26,150
2,000,000 52,299
5,000,000 130,748
10,000,000 261,496
20,000,000 522,992
50,000,000 1,307,481
100,000,000 2,614,962
200,000,000 5,229,924
500,000,000 13,074,811
1,000,000,000 26,149,622
2,000,000,000 52,299,244
5,000,000,000 130,748,110
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,100
1000 38,250
2000 76,500
5000 191,200
10,000 382,400
20,000 764,850
50,000 1,912,050
100,000 3,824,150
200,000 7,648,300
500,000 19,120,750
1,000,000 38,241,450
2,000,000 76,482,950
5,000,000 191,207,350
10,000,000 382,414,700
20,000,000 764,829,400
50,000,000 1,912,073,550
100,000,000 3,824,147,050
XOF rate
October 7, 2025

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