The Malagasy Franc (MGF) is obsolete.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.

Eritrean Nakfa (ERN) and Malagasy Ariary (MGA) Currency Exchange Rate Conversion Calculator

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This Eritrean Nakfa 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 Eritrean Nakfa. Use "Swap currencies" to make Malagasy Franc the default currency. Click on Malagasy Francs or Eritrean Nakfa to convert between that currency and all other currencies.

Eritrea
Madagascar
Other countries and currencies

The Eritrean Nakfa is the currency in Eritrea (ER, ERI). The Malagasy Franc is the currency in Madagascar (MG, MDG). The symbol for ERN can be written Nfa. The symbol for MGF can be written FMG. The Eritrean Nakfa is divided into 100 cents. The Malagasy Franc is divided into 100 centimes. The exchange rate for the Eritrean Nakfa was last updated on May 3, 2023 from Yahoo Finance. The exchange rate for the Malagasy Franc was last updated on October 23, 2026 from MSN. The ERN conversion factor has 4 significant digits. The MGF conversion factor has 4 significant digits.


ERN MGF
coinmill.com
10.00 15,400
20.00 30,750
50.00 76,900
100.00 153,750
200.00 307,500
500.00 768,750
1000.00 1,537,550
2000.00 3,075,100
5000.00 7,687,750
10,000.00 15,375,450
20,000.00 30,750,950
50,000.00 76,877,350
100,000.00 153,754,700
200,000.00 307,509,400
500,000.00 768,773,450
1,000,000.00 1,537,546,950
2,000,000.00 3,075,093,850
ERN rate
May 3, 2023
MGF ERN
coinmill.com
20,000 13.01
50,000 32.52
100,000 65.04
200,000 130.08
500,000 325.19
1,000,000 650.39
2,000,000 1300.77
5,000,000 3251.93
10,000,000 6503.87
20,000,000 13,007.73
50,000,000 32,519.33
100,000,000 65,038.67
200,000,000 130,077.33
500,000,000 325,193.33
1,000,000,000 650,386.65
2,000,000,000 1,300,773.30
5,000,000,000 3,251,933.25
MGF rate
October 23, 2026

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