The Malagasy Franc (MGF) is obsolete.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.

Malagasy Ariary (MGA) and NEO (NEO) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and NEO 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 Malagasy Franc. Use "Swap currencies" to make NEO the default currency. Click on NEOs or Malagasy Francs to convert between that currency and all other currencies.

Madagascar
Other countries and currencies

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


MGF NEO
coinmill.com
20,000 0.414762
50,000 1.036904
100,000 2.073808
200,000 4.147617
500,000 10.369042
1,000,000 20.738083
2,000,000 41.476167
5,000,000 103.690417
10,000,000 207.380834
20,000,000 414.761668
50,000,000 1036.904170
100,000,000 2073.808340
200,000,000 4147.616680
500,000,000 10,369.041701
1,000,000,000 20,738.083401
2,000,000,000 41,476.166803
5,000,000,000 103,690.417007
MGF rate
October 23, 2026
NEO MGF
coinmill.com
0.500000 24,100
1.000000 48,200
2.000000 96,450
5.000000 241,100
10.000000 482,200
20.000000 964,400
50.000000 2,411,000
100.000000 4,822,050
200.000000 9,644,100
500.000000 24,110,250
1000.000000 48,220,450
2000.000000 96,440,950
5000.000000 241,102,300
10,000.000000 482,204,650
20,000.000000 964,409,300
50,000.000000 2,411,023,200
100,000.000000 4,822,046,400
NEO rate
October 23, 2026

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