The Malagasy Franc (MGF) is obsolete.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 July 11, 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 July 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 1.50
50,000 3.90
100,000 7.70
200,000 15.40
500,000 38.60
1,000,000 77.20
2,000,000 154.40
5,000,000 386.10
10,000,000 772.10
20,000,000 1544.30
50,000,000 3860.70
100,000,000 7721.30
200,000,000 15,442.60
500,000,000 38,606.50
1,000,000,000 77,213.10
2,000,000,000 154,426.10
5,000,000,000 386,065.30
MGF rate
June 5, 2023
NZD MGF
coinmill.com
1.00 12,950
2.00 25,900
5.00 64,750
10.00 129,500
20.00 259,000
50.00 647,550
100.00 1,295,100
200.00 2,590,250
500.00 6,475,600
1000.00 12,951,200
2000.00 25,902,350
5000.00 64,755,900
10,000.00 129,511,750
20,000.00 259,023,550
50,000.00 647,558,800
100,000.00 1,295,117,650
200,000.00 2,590,235,300
NZD rate
July 10, 2025

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