The Malagasy Franc (MGF) is obsolete.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 November 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.

Madagascar
New ZealandCook IslandsPitcairn
Other countries and 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 November 13, 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 4.10
100,000 8.20
200,000 16.30
500,000 40.90
1,000,000 81.70
2,000,000 163.40
5,000,000 408.60
10,000,000 817.20
20,000,000 1634.40
50,000,000 4086.10
100,000,000 8172.20
200,000,000 16,344.40
500,000,000 40,861.10
1,000,000,000 81,722.10
2,000,000,000 163,444.30
5,000,000,000 408,610.60
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,250
2.00 24,450
5.00 61,200
10.00 122,350
20.00 244,750
50.00 611,850
100.00 1,223,650
200.00 2,447,300
500.00 6,118,300
1000.00 12,236,600
2000.00 24,473,200
5000.00 61,182,950
10,000.00 122,365,900
20,000.00 244,731,750
50,000.00 611,829,400
100,000.00 1,223,658,800
200,000.00 2,447,317,650
NZD rate
November 13, 2025

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