The Malagasy Franc (MGF) is obsolete.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 December 28, 2025.

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 December 28, 2025 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
20,000 519
50,000 1298
100,000 2597
200,000 5194
500,000 12,984
1,000,000 25,969
2,000,000 51,938
5,000,000 129,844
10,000,000 259,689
20,000,000 519,377
50,000,000 1,298,443
100,000,000 2,596,887
200,000,000 5,193,774
500,000,000 12,984,434
1,000,000,000 25,968,868
2,000,000,000 51,937,736
5,000,000,000 129,844,340
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,250
1000 38,500
2000 77,000
5000 192,550
10,000 385,100
20,000 770,150
50,000 1,925,400
100,000 3,850,750
200,000 7,701,550
500,000 19,253,800
1,000,000 38,507,650
2,000,000 77,015,300
5,000,000 192,538,250
10,000,000 385,076,450
20,000,000 770,152,950
50,000,000 1,925,382,350
100,000,000 3,850,764,700
XOF rate
December 28, 2025

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