The Malagasy Franc (MGF) is obsolete.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

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This Malagasy Franc and West African CFA convertor is up to date with exchange rates from January 27, 2026.

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

The Malagasy Franc is the currency in Madagascar (MG, MDG). The West African CFA is the currency in Benin (BJ, BEN), Burkina Faso (BF, BFA), Ivory Coast (Cote D'Ivoire, CI, CIV), Guinea-Bissau (GW, GNB), Mali (ML, MLI), Niger (NE, NER), Senegal (SN, SEN), and Togo (TG, TGO). The West African CFA is also known as Communaute Financiere Africaine BCEAO Franc. The symbol for MGF can be written FMG. The symbol for XOF can be written CFAF. The Malagasy Franc is divided into 100 centimes. The West 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 West African CFA was last updated on January 21, 2026 from The International Monetary Fund. The MGF conversion factor has 2 significant digits. The XOF conversion factor has 6 significant digits.


MGF XOF
coinmill.com
20,000 521
50,000 1302
100,000 2603
200,000 5207
500,000 13,017
1,000,000 26,034
2,000,000 52,069
5,000,000 130,171
10,000,000 260,343
20,000,000 520,686
50,000,000 1,301,714
100,000,000 2,603,429
200,000,000 5,206,858
500,000,000 13,017,144
1,000,000,000 26,034,289
2,000,000,000 52,068,577
5,000,000,000 130,171,443
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,200
1000 38,400
2000 76,800
5000 192,050
10,000 384,100
20,000 768,200
50,000 1,920,550
100,000 3,841,100
200,000 7,682,200
500,000 19,205,450
1,000,000 38,410,900
2,000,000 76,821,750
5,000,000 192,054,400
10,000,000 384,108,800
20,000,000 768,217,650
50,000,000 1,920,544,100
100,000,000 3,841,088,250
XOF rate
January 21, 2026

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