The Malagasy Franc (MGF) is obsolete.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 14, 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 13, 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 3.31
50,000 8.28
100,000 16.56
200,000 33.12
500,000 82.80
1,000,000 165.60
2,000,000 331.20
5,000,000 828.01
10,000,000 1656.02
20,000,000 3312.03
50,000,000 8280.08
100,000,000 16,560.16
200,000,000 33,120.32
500,000,000 82,800.81
1,000,000,000 165,601.62
2,000,000,000 331,203.24
5,000,000,000 828,008.10
MGF rate
June 5, 2023
PEN MGF
coinmill.com
2.00 12,100
5.00 30,200
10.00 60,400
20.00 120,750
50.00 301,950
100.00 603,850
200.00 1,207,700
500.00 3,019,300
1000.00 6,038,600
2000.00 12,077,200
5000.00 30,192,950
10,000.00 60,385,900
20,000.00 120,771,750
50,000.00 301,929,400
100,000.00 603,858,800
200,000.00 1,207,717,650
500,000.00 3,019,294,100
PEN rate
August 13, 2025

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