The Malagasy Franc (MGF) is obsolete.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 29, 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 28, 2026 from MSN. The exchange rate for the Malagasy Franc was last updated on September 29, 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 11,550
100.00 23,150
200.00 46,300
500.00 115,700
1000.00 231,400
2000.00 462,750
5000.00 1,156,900
10,000.00 2,313,800
20,000.00 4,627,650
50,000.00 11,569,100
100,000.00 23,138,200
200,000.00 46,276,400
500,000.00 115,691,000
1,000,000.00 231,382,000
2,000,000.00 462,764,050
5,000,000.00 1,156,910,100
10,000,000.00 2,313,820,150
BTN rate
September 28, 2026
MGF BTN
coinmill.com
20,000 86.40
50,000 216.00
100,000 432.20
200,000 864.40
500,000 2161.00
1,000,000 4321.80
2,000,000 8643.80
5,000,000 21,609.20
10,000,000 43,218.60
20,000,000 86,437.20
50,000,000 216,092.80
100,000,000 432,185.80
200,000,000 864,371.40
500,000,000 2,160,928.60
1,000,000,000 4,321,857.00
2,000,000,000 8,643,714.20
5,000,000,000 21,609,285.40
MGF rate
September 29, 2026

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