The Malagasy Franc (MGF) is obsolete.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 September 4, 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 September 3, 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 3.28
50,000 8.21
100,000 16.41
200,000 32.83
500,000 82.06
1,000,000 164.13
2,000,000 328.26
5,000,000 820.64
10,000,000 1641.28
20,000,000 3282.57
50,000,000 8206.42
100,000,000 16,412.83
200,000,000 32,825.66
500,000,000 82,064.15
1,000,000,000 164,128.31
2,000,000,000 328,256.62
5,000,000,000 820,641.55
MGF rate
June 5, 2023
PEN MGF
coinmill.com
2.00 12,200
5.00 30,450
10.00 60,950
20.00 121,850
50.00 304,650
100.00 609,300
200.00 1,218,550
500.00 3,046,400
1000.00 6,092,800
2000.00 12,185,600
5000.00 30,463,950
10,000.00 60,927,950
20,000.00 121,855,900
50,000.00 304,639,700
100,000.00 609,279,400
200,000.00 1,218,558,800
500,000.00 3,046,397,050
PEN rate
September 3, 2025

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