The Malagasy Franc (MGF) is obsolete.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 New Zealand Dollar (NZD) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and New Zealand Dollar convertor is up to date with exchange rates from October 15, 2025.

Enter the amount to be converted in the box to the left of Malagasy Franc. Use "Swap currencies" to make New Zealand Dollar the default currency. Click on New Zealand Dollars or Malagasy Francs to convert between that currency and all other currencies.

The Malagasy Franc is the currency in Madagascar (MG, MDG). The New Zealand Dollar is the currency in New Zealand (NZ, NZL), Cook Islands (CK, COK), Niue (NU, NIU), Pitcairn (PN, PCN), and Tokelau (TK, TKL). The symbol for MGF can be written FMG. The symbol for NZD can be written NZ$. The Malagasy Franc is divided into 100 centimes. The New Zealand Dollar is divided into 100 cents. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The exchange rate for the New Zealand Dollar was last updated on October 15, 2025 from The International Monetary Fund. The MGF conversion factor has 2 significant digits. The NZD conversion factor has 6 significant digits.


MGF NZD
coinmill.com
20,000 1.60
50,000 4.00
100,000 8.10
200,000 16.20
500,000 40.50
1,000,000 81.00
2,000,000 162.00
5,000,000 405.00
10,000,000 810.00
20,000,000 1620.00
50,000,000 4049.90
100,000,000 8099.80
200,000,000 16,199.50
500,000,000 40,498.90
1,000,000,000 80,997.70
2,000,000,000 161,995.40
5,000,000,000 404,988.50
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,350
2.00 24,700
5.00 61,750
10.00 123,450
20.00 246,900
50.00 617,300
100.00 1,234,600
200.00 2,469,200
500.00 6,173,000
1000.00 12,346,050
2000.00 24,692,050
5000.00 61,730,150
10,000.00 123,460,300
20,000.00 246,920,600
50,000.00 617,301,450
100,000.00 1,234,602,950
200,000.00 2,469,205,900
NZD rate
October 15, 2025

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