The Malagasy Franc (MGF) is obsolete.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 February 22, 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.

Madagascar
BeninBurkina FasoIvory CoastGuinea-BissauMaliNigerSenegalTogo
Other countries and 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 February 19, 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
20,000 520
50,000 1301
100,000 2602
200,000 5204
500,000 13,011
1,000,000 26,021
2,000,000 52,043
5,000,000 130,107
10,000,000 260,213
20,000,000 520,427
50,000,000 1,301,067
100,000,000 2,602,134
200,000,000 5,204,267
500,000,000 13,010,669
1,000,000,000 26,021,337
2,000,000,000 52,042,675
5,000,000,000 130,106,687
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,200
1000 38,450
2000 76,850
5000 192,150
10,000 384,300
20,000 768,600
50,000 1,921,500
100,000 3,843,000
200,000 7,686,000
500,000 19,215,000
1,000,000 38,430,000
2,000,000 76,860,000
5,000,000 192,150,000
10,000,000 384,300,000
20,000,000 768,600,000
50,000,000 1,921,500,000
100,000,000 3,843,000,000
XOF rate
February 19, 2026

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