The Malagasy Franc (MGF) is obsolete.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 October 27, 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 October 27, 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 3.13
50,000 7.83
100,000 15.67
200,000 31.33
500,000 78.33
1,000,000 156.67
2,000,000 313.34
5,000,000 783.35
10,000,000 1566.69
20,000,000 3133.38
50,000,000 7833.45
100,000,000 15,666.90
200,000,000 31,333.81
500,000,000 78,334.52
1,000,000,000 156,669.03
2,000,000,000 313,338.06
5,000,000,000 783,345.16
MGF rate
June 5, 2023
PEN MGF
coinmill.com
2.00 12,750
5.00 31,900
10.00 63,850
20.00 127,650
50.00 319,150
100.00 638,300
200.00 1,276,600
500.00 3,191,450
1000.00 6,382,900
2000.00 12,765,750
5000.00 31,914,400
10,000.00 63,828,800
20,000.00 127,657,650
50,000.00 319,144,100
100,000.00 638,288,250
200,000.00 1,276,576,450
500,000.00 3,191,441,200
PEN rate
October 27, 2025

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