The Malagasy Franc (MGF) is obsolete.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 Nigerian Naira (NGN) Currency Exchange Rate Conversion Calculator

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

Madagascar
Nigeria
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The Nigerian Naira is the currency in Nigeria (NG, NGA). The symbol for MGF can be written FMG. The symbol for NGN can be written N. The Malagasy Franc is divided into 100 centimes. The Nigerian Naira is divided into 100 kobo. The exchange rate for the Malagasy Franc was last updated on September 8, 2026 from MSN. The exchange rate for the Nigerian Naira was last updated on September 8, 2026 from MSN. The MGF conversion factor has 4 significant digits. The NGN conversion factor has 3 significant digits.


MGF NGN
coinmill.com
20,000 1217
50,000 3042
100,000 6084
200,000 12,168
500,000 30,419
1,000,000 60,838
2,000,000 121,676
5,000,000 304,189
10,000,000 608,379
20,000,000 1,216,758
50,000,000 3,041,894
100,000,000 6,083,789
200,000,000 12,167,577
500,000,000 30,418,944
1,000,000,000 60,837,887
2,000,000,000 121,675,774
5,000,000,000 304,189,435
MGF rate
September 8, 2026
NGN MGF
coinmill.com
1000 16,450
2000 32,850
5000 82,200
10,000 164,350
20,000 328,750
50,000 821,850
100,000 1,643,700
200,000 3,287,450
500,000 8,218,550
1,000,000 16,437,150
2,000,000 32,874,250
5,000,000 82,185,650
10,000,000 164,371,250
20,000,000 328,742,500
50,000,000 821,856,300
100,000,000 1,643,712,550
200,000,000 3,287,425,150
NGN rate
September 8, 2026

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