The Malagasy Franc (MGF) is obsolete.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 September 29, 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 September 29, 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 14,850
20.00 29,650
50.00 74,150
100.00 148,300
200.00 296,550
500.00 741,400
1000.00 1,482,800
2000.00 2,965,600
5000.00 7,414,000
10,000.00 14,828,000
20,000.00 29,656,000
50,000.00 74,140,000
100,000.00 148,280,000
200,000.00 296,560,050
500,000.00 741,400,100
1,000,000.00 1,482,800,250
2,000,000.00 2,965,600,500
ERN rate
May 3, 2023
MGF ERN
coinmill.com
20,000 13.49
50,000 33.72
100,000 67.44
200,000 134.88
500,000 337.20
1,000,000 674.40
2,000,000 1348.80
5,000,000 3372.00
10,000,000 6744.00
20,000,000 13,487.99
50,000,000 33,719.98
100,000,000 67,439.97
200,000,000 134,879.93
500,000,000 337,199.84
1,000,000,000 674,399.67
2,000,000,000 1,348,799.35
5,000,000,000 3,371,998.37
MGF rate
September 29, 2026

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