The Malagasy Franc (MGF) is obsolete.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 NEM (XEM) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and NEM convertor is up to date with exchange rates from October 16, 2026.

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

Madagascar
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The NEM is the currency in no countries. The symbol for MGF can be written FMG. The symbol for XEM can be written XEM. The Malagasy Franc is divided into 100 centimes. The exchange rate for the Malagasy Franc was last updated on October 16, 2026 from MSN. The exchange rate for the NEM was last updated on May 26, 2024 from coinmarketcap.com. The MGF conversion factor has 4 significant digits. The XEM conversion factor has 15 significant digits.


MGF XEM
coinmill.com
20,000 23.117
50,000 57.793
100,000 115.585
200,000 231.171
500,000 577.926
1,000,000 1155.853
2,000,000 2311.705
5,000,000 5779.263
10,000,000 11,558.525
20,000,000 23,117.050
50,000,000 57,792.626
100,000,000 115,585.252
200,000,000 231,170.504
500,000,000 577,926.259
1,000,000,000 1,155,852.518
2,000,000,000 2,311,705.036
5,000,000,000 5,779,262.589
MGF rate
October 16, 2026
XEM MGF
coinmill.com
20.000 17,300
50.000 43,250
100.000 86,500
200.000 173,050
500.000 432,600
1000.000 865,150
2000.000 1,730,300
5000.000 4,325,800
10,000.000 8,651,600
20,000.000 17,303,250
50,000.000 43,258,100
100,000.000 86,516,250
200,000.000 173,032,450
500,000.000 432,581,150
1,000,000.000 865,162,300
2,000,000.000 1,730,324,550
5,000,000.000 4,325,811,400
XEM rate
May 26, 2024

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