The Malagasy Franc (MGF) is obsolete.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 October 23, 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 October 23, 2026 from MSN. The exchange rate for the Nicaraguan Cordoba Oro was last updated on October 22, 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 32.05
50,000 80.15
100,000 160.30
200,000 320.55
500,000 801.40
1,000,000 1602.80
2,000,000 3205.60
5,000,000 8014.05
10,000,000 16,028.10
20,000,000 32,056.15
50,000,000 80,140.40
100,000,000 160,280.85
200,000,000 320,561.70
500,000,000 801,404.20
1,000,000,000 1,602,808.45
2,000,000,000 3,205,616.85
5,000,000,000 8,014,042.15
MGF rate
October 23, 2026
NIO MGF
coinmill.com
20.00 12,500
50.00 31,200
100.00 62,400
200.00 124,800
500.00 311,950
1000.00 623,900
2000.00 1,247,800
5000.00 3,119,500
10,000.00 6,239,050
20,000.00 12,478,100
50,000.00 31,195,250
100,000.00 62,390,500
200,000.00 124,781,000
500,000.00 311,952,450
1,000,000.00 623,904,900
2,000,000.00 1,247,809,750
5,000,000.00 3,119,524,400
NIO rate
October 22, 2026

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