The Malagasy Franc (MGF) is obsolete.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 10, 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 10, 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 16.40
500,000 40.90
1,000,000 81.80
2,000,000 163.60
5,000,000 409.10
10,000,000 818.20
20,000,000 1636.50
50,000,000 4091.20
100,000,000 8182.30
200,000,000 16,364.60
500,000,000 40,911.50
1,000,000,000 81,823.00
2,000,000,000 163,646.00
5,000,000,000 409,115.10
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,200
2.00 24,450
5.00 61,100
10.00 122,200
20.00 244,450
50.00 611,100
100.00 1,222,150
200.00 2,444,300
500.00 6,110,750
1000.00 12,221,500
2000.00 24,443,000
5000.00 61,107,500
10,000.00 122,215,000
20,000.00 244,430,000
50,000.00 611,075,000
100,000.00 1,222,150,000
200,000.00 2,444,300,000
NZD rate
November 10, 2025

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