The Malagasy Franc (MGF) is obsolete.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 October 19, 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 October 19, 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 4.00
100,000 8.10
200,000 16.20
500,000 40.50
1,000,000 80.90
2,000,000 161.80
5,000,000 404.50
10,000,000 809.00
20,000,000 1618.00
50,000,000 4045.10
100,000,000 8090.10
200,000,000 16,180.20
500,000,000 40,450.60
1,000,000,000 80,901.10
2,000,000,000 161,802.30
5,000,000,000 404,505.70
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,350
2.00 24,700
5.00 61,800
10.00 123,600
20.00 247,200
50.00 618,050
100.00 1,236,100
200.00 2,472,150
500.00 6,180,400
1000.00 12,360,750
2000.00 24,721,550
5000.00 61,803,800
10,000.00 123,607,650
20,000.00 247,215,300
50,000.00 618,038,250
100,000.00 1,236,076,450
200,000.00 2,472,152,950
NZD rate
October 19, 2025

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