The Malagasy Franc (MGF) is obsolete.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 September 29, 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 September 29, 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 25,300
10.0000 50,600
20.0000 101,150
50.0000 252,900
100.0000 505,850
200.0000 1,011,650
500.0000 2,529,150
1000.0000 5,058,250
2000.0000 10,116,500
5000.0000 25,291,300
10,000.0000 50,582,600
20,000.0000 101,165,200
50,000.0000 252,913,000
100,000.0000 505,825,950
200,000.0000 1,011,651,900
500,000.0000 2,529,129,750
1,000,000.0000 5,058,259,550
ICX rate
May 26, 2024
MGF ICX
coinmill.com
20,000 3.9539
50,000 9.8848
100,000 19.7696
200,000 39.5393
500,000 98.8482
1,000,000 197.6965
2,000,000 395.3929
5,000,000 988.4823
10,000,000 1976.9646
20,000,000 3953.9292
50,000,000 9884.8230
100,000,000 19,769.6459
200,000,000 39,539.2918
500,000,000 98,848.2295
1,000,000,000 197,696.4590
2,000,000,000 395,392.9181
5,000,000,000 988,482.2951
MGF rate
September 29, 2026

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