The Malagasy Franc (MGF) is obsolete.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 5, 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 November 5, 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
20,000 525
50,000 1311
100,000 2623
200,000 5246
500,000 13,114
1,000,000 26,228
2,000,000 52,456
5,000,000 131,140
10,000,000 262,281
20,000,000 524,562
50,000,000 1,311,405
100,000,000 2,622,809
200,000,000 5,245,618
500,000,000 13,114,046
1,000,000,000 26,228,092
2,000,000,000 52,456,184
5,000,000,000 131,140,459
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,050
1000 38,150
2000 76,250
5000 190,650
10,000 381,250
20,000 762,550
50,000 1,906,350
100,000 3,812,700
200,000 7,625,400
500,000 19,063,550
1,000,000 38,127,050
2,000,000 76,254,100
5,000,000 190,635,300
10,000,000 381,270,600
20,000,000 762,541,200
50,000,000 1,906,352,950
100,000,000 3,812,705,900
XOF rate
November 5, 2025

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