The Malagasy Franc (MGF) is obsolete.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 4, 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 4, 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
20,000 526
50,000 1315
100,000 2629
200,000 5258
500,000 13,146
1,000,000 26,291
2,000,000 52,583
5,000,000 131,457
10,000,000 262,914
20,000,000 525,827
50,000,000 1,314,569
100,000,000 2,629,137
200,000,000 5,258,274
500,000,000 13,145,685
1,000,000,000 26,291,370
2,000,000,000 52,582,740
5,000,000,000 131,456,851
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,000
1000 38,050
2000 76,050
5000 190,200
10,000 380,350
20,000 760,700
50,000 1,901,750
100,000 3,803,550
200,000 7,607,050
500,000 19,017,650
1,000,000 38,035,300
2,000,000 76,070,600
5,000,000 190,176,450
10,000,000 380,352,950
20,000,000 760,705,900
50,000,000 1,901,764,700
100,000,000 3,803,529,400
XOF rate
August 4, 2025

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