The Malagasy Franc (MGF) is obsolete.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 Central African CFA (XAF) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and Central African CFA convertor is up to date with exchange rates from December 20, 2025.

Enter the amount to be converted in the box to the left of Malagasy Franc. Use "Swap currencies" to make Central African CFA the default currency. Click on Central African CFA or Malagasy Francs to convert between that currency and all other currencies.

Madagascar
CameroonCentral African RepublicChadCongoEquatorial GuineaGabon
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The Central African CFA is the currency in Cameroon (CM, CMR), Central African Republic (CF, CAF), Chad (TD, TCD), Congo (CG, COG), Equatorial Guinea (GQ, GNQ), and Gabon (GA, GAB). The Central African CFA is also known as Communaute Financiere Africaine BEAC Francs. The symbol for MGF can be written FMG. The symbol for XAF can be written CFAF. The Malagasy Franc is divided into 100 centimes. The Central African CFA is divided into 100 centimes. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The exchange rate for the Central African CFA was last updated on December 18, 2025 from The International Monetary Fund. The MGF conversion factor has 2 significant digits. The XAF conversion factor has 6 significant digits.


MGF XAF
coinmill.com
20,000 520
50,000 1300
100,000 2601
200,000 5202
500,000 13,004
1,000,000 26,008
2,000,000 52,016
5,000,000 130,041
10,000,000 260,082
20,000,000 520,164
50,000,000 1,300,410
100,000,000 2,600,820
200,000,000 5,201,640
500,000,000 13,004,100
1,000,000,000 26,008,200
2,000,000,000 52,016,400
5,000,000,000 130,041,001
MGF rate
June 5, 2023
XAF MGF
coinmill.com
500 19,200
1000 38,450
2000 76,900
5000 192,250
10,000 384,500
20,000 769,000
50,000 1,922,450
100,000 3,844,950
200,000 7,689,900
500,000 19,224,700
1,000,000 38,449,400
2,000,000 76,898,800
5,000,000 192,247,050
10,000,000 384,494,100
20,000,000 768,988,250
50,000,000 1,922,470,600
100,000,000 3,844,941,200
XAF rate
December 18, 2025

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