The Malagasy Franc (MGF) is obsolete.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.

ICON (ICX) and Malagasy Ariary (MGA) Currency Exchange Rate Conversion Calculator

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

The ICON is the currency in no countries. The Malagasy Franc is the currency in Madagascar (MG, MDG). The symbol for ICX can be written ICX. The symbol for MGF can be written FMG. The Malagasy Franc is divided into 100 centimes. The exchange rate for the ICON was last updated on May 26, 2024 from coinmarketcap.com. The exchange rate for the Malagasy Franc was last updated on October 23, 2026 from MSN. The ICX conversion factor has 15 significant digits. The MGF conversion factor has 4 significant digits.


ICX MGF
coinmill.com
5.0000 26,250
10.0000 52,450
20.0000 104,900
50.0000 262,250
100.0000 524,500
200.0000 1,049,000
500.0000 2,622,500
1000.0000 5,245,000
2000.0000 10,490,050
5000.0000 26,225,100
10,000.0000 52,450,150
20,000.0000 104,900,350
50,000.0000 262,250,800
100,000.0000 524,501,650
200,000.0000 1,049,003,250
500,000.0000 2,622,508,150
1,000,000.0000 5,245,016,300
ICX rate
May 26, 2024
MGF ICX
coinmill.com
20,000 3.8131
50,000 9.5329
100,000 19.0657
200,000 38.1314
500,000 95.3286
1,000,000 190.6572
2,000,000 381.3144
5,000,000 953.2859
10,000,000 1906.5718
20,000,000 3813.1435
50,000,000 9532.8588
100,000,000 19,065.7177
200,000,000 38,131.4353
500,000,000 95,328.5883
1,000,000,000 190,657.1765
2,000,000,000 381,314.3531
5,000,000,000 953,285.8827
MGF rate
October 23, 2026

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