The Malagasy Franc (MGF) is obsolete.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 29, 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 29, 2026 from MSN. The exchange rate for the Nigerian Naira was last updated on September 29, 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 1194
50,000 2986
100,000 5971
200,000 11,942
500,000 29,856
1,000,000 59,712
2,000,000 119,423
5,000,000 298,559
10,000,000 597,117
20,000,000 1,194,234
50,000,000 2,985,586
100,000,000 5,971,171
200,000,000 11,942,342
500,000,000 29,855,856
1,000,000,000 59,711,712
2,000,000,000 119,423,423
5,000,000,000 298,558,559
MGF rate
September 29, 2026
NGN MGF
coinmill.com
1000 16,750
2000 33,500
5000 83,750
10,000 167,450
20,000 334,950
50,000 837,350
100,000 1,674,700
200,000 3,349,450
500,000 8,373,550
1,000,000 16,747,150
2,000,000 33,494,250
5,000,000 83,735,650
10,000,000 167,471,350
20,000,000 334,942,650
50,000,000 837,356,650
100,000,000 1,674,713,350
200,000,000 3,349,426,650
NGN rate
September 29, 2026

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