The Malagasy Franc (MGF) is obsolete.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 October 23, 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 October 23, 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 15,100
20.000 30,200
50.000 75,450
100.000 150,950
200.000 301,900
500.000 754,750
1000.000 1,509,500
2000.000 3,019,000
5000.000 7,547,450
10,000.000 15,094,900
20,000.000 30,189,750
50,000.000 75,474,400
100,000.000 150,948,800
200,000.000 301,897,600
500,000.000 754,744,000
1,000,000.000 1,509,488,050
2,000,000.000 3,018,976,100
EFL rate
December 4, 2019
MGF EFL
coinmill.com
20,000 13.250
50,000 33.124
100,000 66.248
200,000 132.495
500,000 331.238
1,000,000 662.476
2,000,000 1324.953
5,000,000 3312.381
10,000,000 6624.763
20,000,000 13,249.525
50,000,000 33,123.813
100,000,000 66,247.627
200,000,000 132,495.253
500,000,000 331,238.133
1,000,000,000 662,476.267
2,000,000,000 1,324,952.533
5,000,000,000 3,312,381.333
MGF rate
October 23, 2026

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