The Malagasy Franc (MGF) is obsolete.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 November 1, 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 October 30, 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 1311
100,000 2622
200,000 5244
500,000 13,111
1,000,000 26,221
2,000,000 52,442
5,000,000 131,105
10,000,000 262,210
20,000,000 524,420
50,000,000 1,311,051
100,000,000 2,622,101
200,000,000 5,244,202
500,000,000 13,110,506
1,000,000,000 26,221,012
2,000,000,000 52,442,025
5,000,000,000 131,105,061
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,050
1000 38,150
2000 76,250
5000 190,700
10,000 381,350
20,000 762,750
50,000 1,906,850
100,000 3,813,750
200,000 7,627,450
500,000 19,068,700
1,000,000 38,137,350
2,000,000 76,274,700
5,000,000 190,686,750
10,000,000 381,373,550
20,000,000 762,747,050
50,000,000 1,906,867,650
100,000,000 3,813,735,300
XOF rate
October 30, 2025

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