The Malagasy Franc (MGF) is obsolete.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 July 15, 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 July 15, 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 5245
500,000 13,113
1,000,000 26,226
2,000,000 52,452
5,000,000 131,129
10,000,000 262,259
20,000,000 524,517
50,000,000 1,311,293
100,000,000 2,622,587
200,000,000 5,245,173
500,000,000 13,112,933
1,000,000,000 26,225,866
2,000,000,000 52,451,733
5,000,000,000 131,129,332
MGF rate
June 5, 2023
XOF MGF
coinmill.com
500 19,050
1000 38,150
2000 76,250
5000 190,650
10,000 381,300
20,000 762,600
50,000 1,906,500
100,000 3,813,050
200,000 7,626,050
500,000 19,065,150
1,000,000 38,130,300
2,000,000 76,260,600
5,000,000 190,651,450
10,000,000 381,302,950
20,000,000 762,605,900
50,000,000 1,906,514,700
100,000,000 3,813,029,400
XOF rate
July 15, 2025

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