The Malagasy Franc (MGF) is obsolete.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.

Bhutanese Ngultrum (BTN) and Malagasy Ariary (MGA) Currency Exchange Rate Conversion Calculator

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This Bhutanese Ngultrum and Malagasy Franc convertor is up to date with exchange rates from September 8, 2026.

Enter the amount to be converted in the box to the left of Bhutanese Ngultrum. Use "Swap currencies" to make Malagasy Franc the default currency. Click on Malagasy Francs or Bhutanese Ngultrum to convert between that currency and all other currencies.

Bhutan
Madagascar
Other countries and currencies

The Bhutanese Ngultrum is the currency in Bhutan (BT, BTN). The Malagasy Franc is the currency in Madagascar (MG, MDG). The symbol for BTN can be written Nu. The symbol for MGF can be written FMG. The Bhutanese Ngultrum is divided into 100 chetrum. The Malagasy Franc is divided into 100 centimes. The exchange rate for the Bhutanese Ngultrum was last updated on September 8, 2026 from MSN. The exchange rate for the Malagasy Franc was last updated on September 8, 2026 from MSN. The BTN conversion factor has 4 significant digits. The MGF conversion factor has 4 significant digits.


BTN MGF
coinmill.com
50.00 11,450
100.00 22,900
200.00 45,800
500.00 114,500
1000.00 229,050
2000.00 458,100
5000.00 1,145,200
10,000.00 2,290,400
20,000.00 4,580,850
50,000.00 11,452,100
100,000.00 22,904,200
200,000.00 45,808,400
500,000.00 114,520,950
1,000,000.00 229,041,900
2,000,000.00 458,083,850
5,000,000.00 1,145,209,600
10,000,000.00 2,290,419,150
BTN rate
September 8, 2026
MGF BTN
coinmill.com
20,000 87.40
50,000 218.40
100,000 436.60
200,000 873.20
500,000 2183.00
1,000,000 4366.00
2,000,000 8732.00
5,000,000 21,830.00
10,000,000 43,660.20
20,000,000 87,320.20
50,000,000 218,300.60
100,000,000 436,601.40
200,000,000 873,202.60
500,000,000 2,183,006.60
1,000,000,000 4,366,013.00
2,000,000,000 8,732,026.20
5,000,000,000 21,830,065.40
MGF rate
September 8, 2026

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