The Malagasy Franc (MGF) is obsolete.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 18, 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 16, 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 3.15
50,000 7.87
100,000 15.75
200,000 31.50
500,000 78.75
1,000,000 157.50
2,000,000 315.00
5,000,000 787.49
10,000,000 1574.99
20,000,000 3149.97
50,000,000 7874.93
100,000,000 15,749.86
200,000,000 31,499.71
500,000,000 78,749.28
1,000,000,000 157,498.55
2,000,000,000 314,997.10
5,000,000,000 787,492.76
MGF rate
June 5, 2023
PEN MGF
coinmill.com
2.00 12,700
5.00 31,750
10.00 63,500
20.00 127,000
50.00 317,450
100.00 634,950
200.00 1,269,850
500.00 3,174,650
1000.00 6,349,250
2000.00 12,698,550
5000.00 31,746,300
10,000.00 63,492,650
20,000.00 126,985,300
50,000.00 317,463,250
100,000.00 634,926,450
200,000.00 1,269,852,950
500,000.00 3,174,632,350
PEN rate
October 16, 2025

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