The Malagasy Franc (MGF) is obsolete.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 August 29, 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 August 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
20,000 524
50,000 1309
100,000 2618
200,000 5237
500,000 13,092
1,000,000 26,183
2,000,000 52,366
5,000,000 130,915
10,000,000 261,831
20,000,000 523,661
50,000,000 1,309,153
100,000,000 2,618,305
200,000,000 5,236,610
500,000,000 13,091,525
1,000,000,000 26,183,050
2,000,000,000 52,366,101
5,000,000,000 130,915,252
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,100
1000 38,200
2000 76,400
5000 190,950
10,000 381,950
20,000 763,850
50,000 1,909,650
100,000 3,819,250
200,000 7,638,550
500,000 19,096,300
1,000,000 38,192,650
2,000,000 76,385,300
5,000,000 190,963,250
10,000,000 381,926,450
20,000,000 763,852,950
50,000,000 1,909,632,350
100,000,000 3,819,264,700
XOF rate
August 28, 2025

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