The Malagasy Franc (MGF) is obsolete.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 Mexican Peso (MXN) Currency Exchange Rate Conversion Calculator

The Mexican Peso was revalued on January 1, 1993. Pesos dated before that date (Old Mexican Pesos - MXP) are 1000 times less valuable than the New Mexican Pesos - MXN.

Malagasy Ariary (MGA) and Old Mexican Peso (MXP) Currency Exchange Rate Conversion Calculator

Malagasy Ariary (MGA) and Mexican Peso (MXN) Currency Exchange Rate Conversion Calculator

Malagasy Franc (MGF) and Old Mexican Peso (MXP) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and Mexican Peso convertor is up to date with exchange rates from December 17, 2025.

Enter the amount to be converted in the box to the left of Malagasy Franc. Use "Swap currencies" to make Mexican Peso the default currency. Click on Mexican Pesos or Malagasy Francs to convert between that currency and all other currencies.

Madagascar
Mexico
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The Mexican Peso is the currency in Mexico (MX, MEX). The symbol for MGF can be written FMG. The symbol for MXN can be written Mex$. The Malagasy Franc is divided into 100 centimes. The Mexican Peso is divided into 100 centavos. The exchange rate for the Malagasy Franc was last updated on June 5, 2023 from MSN. The exchange rate for the Mexican Peso was last updated on December 17, 2025 from The International Monetary Fund. The MGF conversion factor has 2 significant digits. The MXN conversion factor has 6 significant digits.


MGF MXN
coinmill.com
20,000 16.70
50,000 41.80
100,000 83.55
200,000 167.15
500,000 417.80
1,000,000 835.65
2,000,000 1671.25
5,000,000 4178.15
10,000,000 8356.25
20,000,000 16,712.50
50,000,000 41,781.25
100,000,000 83,562.50
200,000,000 167,125.05
500,000,000 417,812.60
1,000,000,000 835,625.15
2,000,000,000 1,671,250.30
5,000,000,000 4,178,125.80
MGF rate
June 5, 2023
MXN MGF
coinmill.com
10.00 11,950
20.00 23,950
50.00 59,850
100.00 119,650
200.00 239,350
500.00 598,350
1000.00 1,196,700
2000.00 2,393,400
5000.00 5,983,550
10,000.00 11,967,100
20,000.00 23,934,200
50,000.00 59,835,450
100,000.00 119,670,900
200,000.00 239,341,750
500,000.00 598,354,400
1,000,000.00 1,196,708,800
2,000,000.00 2,393,417,650
MXN rate
December 17, 2025

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