The Malagasy Franc (MGF) is obsolete.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 26, 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 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
20,000 525
50,000 1312
100,000 2624
200,000 5247
500,000 13,118
1,000,000 26,236
2,000,000 52,471
5,000,000 131,178
10,000,000 262,356
20,000,000 524,712
50,000,000 1,311,779
100,000,000 2,623,558
200,000,000 5,247,116
500,000,000 13,117,790
1,000,000,000 26,235,580
2,000,000,000 52,471,160
5,000,000,000 131,177,900
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,050
1000 38,100
2000 76,250
5000 190,600
10,000 381,150
20,000 762,300
50,000 1,905,800
100,000 3,811,600
200,000 7,623,250
500,000 19,058,100
1,000,000 38,116,200
2,000,000 76,232,350
5,000,000 190,580,900
10,000,000 381,161,750
20,000,000 762,323,550
50,000,000 1,905,808,800
100,000,000 3,811,617,650
XOF rate
August 26, 2025

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