The Malagasy Franc (MGF) is obsolete.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 September 30, 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 September 30, 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 8.00
200,000 16.10
500,000 40.20
1,000,000 80.50
2,000,000 161.00
5,000,000 402.40
10,000,000 804.90
20,000,000 1609.80
50,000,000 4024.40
100,000,000 8048.80
200,000,000 16,097.60
500,000,000 40,244.00
1,000,000,000 80,488.00
2,000,000,000 160,976.10
5,000,000,000 402,440.20
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,400
2.00 24,850
5.00 62,100
10.00 124,250
20.00 248,500
50.00 621,200
100.00 1,242,400
200.00 2,484,850
500.00 6,212,100
1000.00 12,424,200
2000.00 24,848,400
5000.00 62,121,050
10,000.00 124,242,050
20,000.00 248,484,100
50,000.00 621,210,300
100,000.00 1,242,420,600
200,000.00 2,484,841,200
NZD rate
September 30, 2025

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