The Malagasy Franc (MGF) is obsolete.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 September 29, 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 September 29, 2026 from MSN. The exchange rate for the Panamanian Balboa was last updated on September 28, 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 0.95
50,000 2.37
100,000 4.73
200,000 9.47
500,000 23.67
1,000,000 47.34
2,000,000 94.69
5,000,000 236.71
10,000,000 473.43
20,000,000 946.86
50,000,000 2367.14
100,000,000 4734.29
200,000,000 9468.57
500,000,000 23,671.43
1,000,000,000 47,342.86
2,000,000,000 94,685.71
5,000,000,000 236,714.29
MGF rate
September 29, 2026
PAB MGF
coinmill.com
1.00 21,100
2.00 42,250
5.00 105,600
10.00 211,250
20.00 422,450
50.00 1,056,150
100.00 2,112,250
200.00 4,224,500
500.00 10,561,250
1000.00 21,122,500
2000.00 42,245,000
5000.00 105,612,550
10,000.00 211,225,100
20,000.00 422,450,200
50,000.00 1,056,125,550
100,000.00 2,112,251,050
200,000.00 4,224,502,100
PAB rate
September 28, 2026

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