The Malagasy Franc (MGF) is obsolete.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 Panamanian Balboa (PAB) Currency Exchange Rate Conversion Calculator

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This Malagasy Franc and Panamanian Balboa convertor is up to date with exchange rates from October 23, 2026.

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

Madagascar
Panama
Other countries and currencies

The Malagasy Franc is the currency in Madagascar (MG, MDG). The Panamanian Balboa is the currency in Panama (PA, PAN). The symbol for MGF can be written FMG. The symbol for PAB can be written B. The Malagasy Franc is divided into 100 centimes. The Panamanian Balboa is divided into 100 centesimos. The exchange rate for the Malagasy Franc was last updated on October 23, 2026 from MSN. The exchange rate for the Panamanian Balboa was last updated on October 23, 2026 from MSN. The MGF conversion factor has 4 significant digits. The PAB conversion factor has 1 significant digits.


MGF PAB
coinmill.com
20,000 0.91
50,000 2.28
100,000 4.57
200,000 9.13
500,000 22.83
1,000,000 45.66
2,000,000 91.31
5,000,000 228.29
10,000,000 456.57
20,000,000 913.14
50,000,000 2282.86
100,000,000 4565.71
200,000,000 9131.43
500,000,000 22,828.57
1,000,000,000 45,657.14
2,000,000,000 91,314.29
5,000,000,000 228,285.71
MGF rate
October 23, 2026
PAB MGF
coinmill.com
1.00 21,900
2.00 43,800
5.00 109,500
10.00 219,000
20.00 438,050
50.00 1,095,100
100.00 2,190,250
200.00 4,380,500
500.00 10,951,200
1000.00 21,902,400
2000.00 43,804,750
5000.00 109,511,900
10,000.00 219,023,800
20,000.00 438,047,550
50,000.00 1,095,118,900
100,000.00 2,190,237,800
200,000.00 4,380,475,600
PAB rate
October 23, 2026

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