The Malagasy Franc (MGF) is obsolete.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 8, 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 8, 2026 from MSN. The exchange rate for the Panamanian Balboa was last updated on September 7, 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 2.39
100,000 4.77
200,000 9.54
500,000 23.86
1,000,000 47.71
2,000,000 95.43
5,000,000 238.57
10,000,000 477.14
20,000,000 954.29
50,000,000 2385.71
100,000,000 4771.43
200,000,000 9542.86
500,000,000 23,857.14
1,000,000,000 47,714.29
2,000,000,000 95,428.57
5,000,000,000 238,571.43
MGF rate
September 8, 2026
PAB MGF
coinmill.com
1.00 20,950
2.00 41,900
5.00 104,800
10.00 209,600
20.00 419,150
50.00 1,047,900
100.00 2,095,800
200.00 4,191,600
500.00 10,479,050
1000.00 20,958,100
2000.00 41,916,150
5000.00 104,790,400
10,000.00 209,580,850
20,000.00 419,161,700
50,000.00 1,047,904,200
100,000.00 2,095,808,400
200,000.00 4,191,616,750
PAB rate
September 7, 2026

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