The Malagasy Franc (MGF) is obsolete.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 18, 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 October 16, 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 8.10
200,000 16.20
500,000 40.60
1,000,000 81.20
2,000,000 162.30
5,000,000 405.80
10,000,000 811.60
20,000,000 1623.20
50,000,000 4058.00
100,000,000 8116.00
200,000,000 16,232.10
500,000,000 40,580.20
1,000,000,000 81,160.30
2,000,000,000 162,320.60
5,000,000,000 405,801.50
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,300
2.00 24,650
5.00 61,600
10.00 123,200
20.00 246,450
50.00 616,050
100.00 1,232,150
200.00 2,464,250
500.00 6,160,650
1000.00 12,321,300
2000.00 24,642,600
5000.00 61,606,450
10,000.00 123,212,950
20,000.00 246,425,900
50,000.00 616,064,700
100,000.00 1,232,129,400
200,000.00 2,464,258,800
NZD rate
October 16, 2025

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