The Malagasy Franc (MGF) is obsolete.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.

Indian Rupee (INR) and Malagasy Ariary (MGA) Currency Exchange Rate Conversion Calculator

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This Indian Rupee and Malagasy Franc convertor is up to date with exchange rates from March 14, 2026.

Enter the amount to be converted in the box to the left of Indian Rupee. Use "Swap currencies" to make Malagasy Franc the default currency. Click on Malagasy Francs or Indian Rupees to convert between that currency and all other currencies.

India
Madagascar
Other countries and currencies

The Indian Rupee is the currency in India (IN, IND). The Malagasy Franc is the currency in Madagascar (MG, MDG). The symbol for INR can be written Rs, and IRs. The symbol for MGF can be written FMG. The Indian Rupee is divided into 100 paise. The Malagasy Franc is divided into 100 centimes. The exchange rate for the Indian Rupee was last updated on March 12, 2026 from The International Monetary Fund. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The INR conversion factor has 6 significant digits. The MGF conversion factor has 2 significant digits. Large amounts of Rupees are expressed in lakh rupees or crore rupees. A Lakh Rupee is one hundred thousand rupees and a crore rupee is ten million rupees.


INR MGF
coinmill.com
50.0 11,700
100.0 23,450
200.0 46,850
500.0 117,150
1000.0 234,300
2000.0 468,600
5000.0 1,171,500
10,000.0 2,343,000
20,000.0 4,686,050
50,000.0 11,715,100
100,000.0 23,430,200
200,000.0 46,860,350
500,000.0 117,150,900
1,000,000.0 234,301,750
2,000,000.0 468,603,550
5,000,000.0 1,171,508,800
10,000,000.0 2,343,017,650
INR rate
March 12, 2026
MGF INR
coinmill.com
20,000 85.4
50,000 213.4
100,000 426.8
200,000 853.6
500,000 2134.0
1,000,000 4268.0
2,000,000 8536.0
5,000,000 21,340.0
10,000,000 42,680.0
20,000,000 85,360.0
50,000,000 213,400.0
100,000,000 426,800.0
200,000,000 853,600.1
500,000,000 2,134,000.1
1,000,000,000 4,268,000.3
2,000,000,000 8,536,000.6
5,000,000,000 21,340,001.5
MGF rate
June 5, 2023

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