Convert XOF to MGA — live rate

Convert CFA Franc BCEAOs to Malagasy Ariaries and compare the real cost of sending money.

XOF
MGA
1 XOF = 8.2304 MGA • Mid-market rate
Updated just now
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Historical XOF/MGA exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: XOF to MGA

1 XOF → 8.23 MGA
5 XOF → 41.15 MGA
10 XOF → 82.30 MGA
50 XOF → 411.52 MGA
100 XOF → 823.04 MGA
500 XOF → 4,115.22 MGA
1,000 XOF → 8,230.44 MGA
5,000 XOF → 41,152.20 MGA

Real cost of XOF → MGA

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 XOF
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

XOF — CFA Franc BCEAO
ISO Code XOF
Central Bank Bank of Central African States
Common Notes 500, 1000, 2000, 5000, 10,000 francs
Learn more about XOF
MGA — Malagasy Ariary
ISO Code MGA
Central Bank Banque Centrale de Madagascar
Common Notes Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000
Learn more about MGA

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.