The Malagasy Franc (MGF) is obsolete.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 8, 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 8, 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 14,700
20.00 29,450
50.00 73,550
100.00 147,150
200.00 294,250
500.00 735,650
1000.00 1,471,250
2000.00 2,942,500
5000.00 7,356,300
10,000.00 14,712,550
20,000.00 29,425,150
50,000.00 73,562,850
100,000.00 147,125,750
200,000.00 294,251,500
500,000.00 735,628,750
1,000,000.00 1,471,257,500
2,000,000.00 2,942,514,950
ERN rate
May 3, 2023
MGF ERN
coinmill.com
20,000 13.59
50,000 33.98
100,000 67.97
200,000 135.94
500,000 339.85
1,000,000 679.69
2,000,000 1359.38
5,000,000 3398.45
10,000,000 6796.91
20,000,000 13,593.81
50,000,000 33,984.53
100,000,000 67,969.07
200,000,000 135,938.14
500,000,000 339,845.34
1,000,000,000 679,690.68
2,000,000,000 1,359,381.36
5,000,000,000 3,398,453.40
MGF rate
September 8, 2026

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