The Malagasy Franc (MGF) is obsolete.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 New Zealand Dollar (NZD) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and New Zealand Dollar convertor is up to date with exchange rates from August 29, 2025.

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

Madagascar
New ZealandCook IslandsPitcairn
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The New Zealand Dollar is the currency in New Zealand (NZ, NZL), Cook Islands (CK, COK), Niue (NU, NIU), Pitcairn (PN, PCN), and Tokelau (TK, TKL). The symbol for MGF can be written FMG. The symbol for NZD can be written NZ$. The Malagasy Franc is divided into 100 centimes. The New Zealand Dollar is divided into 100 cents. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The exchange rate for the New Zealand Dollar was last updated on August 28, 2025 from The International Monetary Fund. The MGF conversion factor has 2 significant digits. The NZD conversion factor has 6 significant digits.


MGF NZD
coinmill.com
20,000 1.60
50,000 3.90
100,000 7.90
200,000 15.80
500,000 39.50
1,000,000 79.00
2,000,000 158.00
5,000,000 395.00
10,000,000 790.00
20,000,000 1580.00
50,000,000 3949.90
100,000,000 7899.80
200,000,000 15,799.60
500,000,000 39,499.10
1,000,000,000 78,998.10
2,000,000,000 157,996.20
5,000,000,000 394,990.60
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,650
2.00 25,300
5.00 63,300
10.00 126,600
20.00 253,150
50.00 632,950
100.00 1,265,850
200.00 2,531,700
500.00 6,329,250
1000.00 12,658,550
2000.00 25,317,050
5000.00 63,292,650
10,000.00 126,585,300
20,000.00 253,170,600
50,000.00 632,926,450
100,000.00 1,265,852,950
200,000.00 2,531,705,900
NZD rate
August 28, 2025

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