The Malagasy Franc (MGF) is obsolete.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 Peruvian Nuevo Sol (PEN) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and Peruvian Nuevo Sol convertor is up to date with exchange rates from August 13, 2025.

Enter the amount to be converted in the box to the left of Malagasy Franc. Use "Swap currencies" to make Peruvian Nuevo Sol the default currency. Click on Peruvian Nuevos Soles or Malagasy Francs to convert between that currency and all other currencies.

Madagascar
Peru
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The Peruvian Nuevo Sol is the currency in Peru (PE, PER). The symbol for MGF can be written FMG. The symbol for PEN can be written S. The Malagasy Franc is divided into 100 centimes. The Peruvian Nuevo Sol is divided into 100 centimos. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The exchange rate for the Peruvian Nuevo Sol was last updated on August 12, 2025 from The International Monetary Fund. The MGF conversion factor has 2 significant digits. The PEN conversion factor has 6 significant digits.


MGF PEN
coinmill.com
20,000 3.29
50,000 8.23
100,000 16.46
200,000 32.92
500,000 82.30
1,000,000 164.60
2,000,000 329.19
5,000,000 822.98
10,000,000 1645.96
20,000,000 3291.91
50,000,000 8229.78
100,000,000 16,459.55
200,000,000 32,919.10
500,000,000 82,297.75
1,000,000,000 164,595.51
2,000,000,000 329,191.01
5,000,000,000 822,977.53
MGF rate
June 5, 2023
PEN MGF
coinmill.com
2.00 12,150
5.00 30,400
10.00 60,750
20.00 121,500
50.00 303,800
100.00 607,550
200.00 1,215,100
500.00 3,037,750
1000.00 6,075,500
2000.00 12,151,000
5000.00 30,377,500
10,000.00 60,755,000
20,000.00 121,510,000
50,000.00 303,775,000
100,000.00 607,550,000
200,000.00 1,215,100,000
500,000.00 3,037,750,000
PEN rate
August 12, 2025

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