The Malagasy Franc (MGF) is obsolete.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 Nicaraguan Cordoba Oro (NIO) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and Nicaraguan Cordoba Oro 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 Nicaraguan Cordoba Oro the default currency. Click on Nicaraguan Cordoba Oros or Malagasy Francs to convert between that currency and all other currencies.

Madagascar
Nicaragua
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The Nicaraguan Cordoba Oro is the currency in Nicaragua (NI, NIC). The symbol for MGF can be written FMG. The symbol for NIO can be written C$. The Malagasy Franc is divided into 100 centimes. The Nicaraguan Cordoba Oro is divided into 100 centavos. The exchange rate for the Malagasy Franc was last updated on September 8, 2026 from MSN. The exchange rate for the Nicaraguan Cordoba Oro was last updated on September 8, 2026 from MSN. The MGF conversion factor has 4 significant digits. The NIO conversion factor has 4 significant digits.


MGF NIO
coinmill.com
20,000 33.95
50,000 84.90
100,000 169.80
200,000 339.60
500,000 849.00
1,000,000 1698.00
2,000,000 3396.05
5,000,000 8490.10
10,000,000 16,980.15
20,000,000 33,960.35
50,000,000 84,900.85
100,000,000 169,801.75
200,000,000 339,603.45
500,000,000 849,008.65
1,000,000,000 1,698,017.30
2,000,000,000 3,396,034.55
5,000,000,000 8,490,086.45
MGF rate
September 8, 2026
NIO MGF
coinmill.com
20.00 11,800
50.00 29,450
100.00 58,900
200.00 117,800
500.00 294,450
1000.00 588,900
2000.00 1,177,850
5000.00 2,944,600
10,000.00 5,889,200
20,000.00 11,778,450
50,000.00 29,446,100
100,000.00 58,892,200
200,000.00 117,784,450
500,000.00 294,461,100
1,000,000.00 588,922,150
2,000,000.00 1,177,844,300
5,000,000.00 2,944,610,800
NIO rate
September 8, 2026

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