The Malagasy Franc (MGF) is obsolete.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 October 23, 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 October 23, 2026 from MSN. The exchange rate for the Malagasy Franc was last updated on October 23, 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 12,150
100.00 24,300
200.00 48,600
500.00 121,550
1000.00 243,100
2000.00 486,150
5000.00 1,215,450
10,000.00 2,430,850
20,000.00 4,861,700
50,000.00 12,154,250
100,000.00 24,308,500
200,000.00 48,617,000
500,000.00 121,542,550
1,000,000.00 243,085,100
2,000,000.00 486,170,200
5,000,000.00 1,215,425,550
10,000,000.00 2,430,851,050
BTN rate
October 23, 2026
MGF BTN
coinmill.com
20,000 82.20
50,000 205.60
100,000 411.40
200,000 822.80
500,000 2056.80
1,000,000 4113.80
2,000,000 8227.60
5,000,000 20,569.00
10,000,000 41,137.80
20,000,000 82,275.80
50,000,000 205,689.20
100,000,000 411,378.60
200,000,000 822,757.20
500,000,000 2,056,892.80
1,000,000,000 4,113,785.60
2,000,000,000 8,227,571.20
5,000,000,000 20,568,927.80
MGF rate
October 23, 2026

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