The Malagasy Franc (MGF) is obsolete.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 November 3, 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 November 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 3.10
50,000 7.75
100,000 15.51
200,000 31.01
500,000 77.54
1,000,000 155.07
2,000,000 310.15
5,000,000 775.37
10,000,000 1550.75
20,000,000 3101.50
50,000,000 7753.74
100,000,000 15,507.48
200,000,000 31,014.96
500,000,000 77,537.41
1,000,000,000 155,074.82
2,000,000,000 310,149.65
5,000,000,000 775,374.12
MGF rate
June 5, 2023
PEN MGF
coinmill.com
2.00 12,900
5.00 32,250
10.00 64,500
20.00 128,950
50.00 322,450
100.00 644,850
200.00 1,289,700
500.00 3,224,250
1000.00 6,448,500
2000.00 12,897,000
5000.00 32,242,500
10,000.00 64,485,000
20,000.00 128,970,000
50,000.00 322,425,000
100,000.00 644,850,000
200,000.00 1,289,700,000
500,000.00 3,224,250,000
PEN rate
November 3, 2025

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