The Malagasy Franc (MGF) is obsolete.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 September 14, 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 September 14, 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
20,000 521
50,000 1301
100,000 2603
200,000 5206
500,000 13,014
1,000,000 26,028
2,000,000 52,055
5,000,000 130,139
10,000,000 260,277
20,000,000 520,554
50,000,000 1,301,386
100,000,000 2,602,771
200,000,000 5,205,542
500,000,000 13,013,856
1,000,000,000 26,027,712
2,000,000,000 52,055,424
5,000,000,000 130,138,559
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,200
1000 38,400
2000 76,850
5000 192,100
10,000 384,200
20,000 768,400
50,000 1,921,050
100,000 3,842,050
200,000 7,684,100
500,000 19,210,300
1,000,000 38,420,600
2,000,000 76,841,200
5,000,000 192,102,950
10,000,000 384,205,900
20,000,000 768,411,750
50,000,000 1,921,029,400
100,000,000 3,842,058,800
XOF rate
September 14, 2025

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