The Malagasy Franc (MGF) is obsolete.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 13, 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 12, 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
20,000 522
50,000 1305
100,000 2609
200,000 5219
500,000 13,047
1,000,000 26,095
2,000,000 52,190
5,000,000 130,474
10,000,000 260,948
20,000,000 521,897
50,000,000 1,304,742
100,000,000 2,609,483
200,000,000 5,218,966
500,000,000 13,047,416
1,000,000,000 26,094,832
2,000,000,000 52,189,663
5,000,000,000 130,474,158
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,150
1000 38,300
2000 76,650
5000 191,600
10,000 383,200
20,000 766,450
50,000 1,916,100
100,000 3,832,200
200,000 7,664,350
500,000 19,160,900
1,000,000 38,321,750
2,000,000 76,643,550
5,000,000 191,608,800
10,000,000 383,217,650
20,000,000 766,435,300
50,000,000 1,916,088,250
100,000,000 3,832,176,450
XOF rate
August 12, 2025

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