The Malagasy Franc (MGF) is obsolete.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.

Electronic Gulden (EFL) and Malagasy Ariary (MGA) Currency Exchange Rate Conversion Calculator

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This Electronic Gulden 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 Electronic Gulden. Use "Swap currencies" to make Malagasy Franc the default currency. Click on Malagasy Francs or Electronic Guldens to convert between that currency and all other currencies.
Madagascar
Other countries and currencies

The Electronic Gulden is the currency in no countries. The Malagasy Franc is the currency in Madagascar (MG, MDG). The symbol for EFL can be written EFL. The symbol for MGF can be written FMG. The Malagasy Franc is divided into 100 centimes. The exchange rate for the Electronic Gulden was last updated on December 4, 2019 from coinmarketcap.com. The exchange rate for the Malagasy Franc was last updated on September 8, 2026 from MSN. The EFL conversion factor has 12 significant digits. The MGF conversion factor has 4 significant digits.


EFL MGF
coinmill.com
10.000 14,450
20.000 28,900
50.000 72,200
100.000 144,450
200.000 288,900
500.000 722,200
1000.000 1,444,400
2000.000 2,888,800
5000.000 7,222,050
10,000.000 14,444,100
20,000.000 28,888,150
50,000.000 72,220,400
100,000.000 144,440,850
200,000.000 288,881,650
500,000.000 722,204,150
1,000,000.000 1,444,408,300
2,000,000.000 2,888,816,650
EFL rate
December 4, 2019
MGF EFL
coinmill.com
20,000 13.847
50,000 34.616
100,000 69.233
200,000 138.465
500,000 346.163
1,000,000 692.325
2,000,000 1384.650
5,000,000 3461.625
10,000,000 6923.250
20,000,000 13,846.500
50,000,000 34,616.250
100,000,000 69,232.501
200,000,000 138,465.002
500,000,000 346,162.505
1,000,000,000 692,325.010
2,000,000,000 1,384,650.019
5,000,000,000 3,461,625.048
MGF rate
September 8, 2026

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