1 MGF to PGK Papua New Guinean Kina

August 5, 2023 by pkr_to_usd_786

1 MGF to PGK Papua New Guinean Kina
Madagascar Franc , The franc (ISO 4217 code MGF) was the currency of Madagascar until 1 January 2005. It was subdivided into 100 centimes. In Malagasy the corr … >>> Find out more from wikipedia. category >>> MGF

1 MGF to PGK Papua New Guinean Kina

1 Malagasy Franc ( MGF ) = 0.00016067214004277 Papua New Guinean Kina (PGK)

1 MGF = 0.00016067214004277 PGK

1 PGK = 6223.8543641343 MGF

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1 Malagasy Franc ( MGF ) Is equal to 0.00016067214004277 Papua New Guinean Kina (PGK)
Madagascar Franc
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Malagasy Franc

Madagascar Franc , The franc (ISO 4217 code MGF) was the currency of Madagascar until 1 January 2005. It was subdivided into 100 centimes. In Malagasy the corresponding term for the franc is iraimbilanja, and five Malagasy francs is called ariary. The first francs to circulate in Madagascar were French francs. These were supplemented during the First World War by emergency issues, including issues of postage stamps fixed to pieces of card in denominations of 0.05 up to 2 francs. The Banque de Madagascar was created on 1 July 1925 by the French government. The currency was issued by the government-owned Banque de Madagascar and was pegged at par to the French franc. Only banknotes were issued with French coins continuing to circulate. When the Comoro Islands became a separate French territory, the name of the issuing bank was changed to Banque de Madagascar et des Comores. The Madagascar-Comores CFA franc (XMCF) replaced the franc of Madagascar on 26 December 1945, with the creation of the other CFA francs. The CFA franc was worth 1.7 French francs until 1948 when a devaluation of the French currency increased the rate to 1 CFA franc = 2 French francs. When the new French franc was introduced in 1960, the rate became 1 CFA franc = 0.02 French francs. After independence from France, the privilege to issue banknotes was transferred to the Institut d'Émission Malgache on 31 December 1961. The CFA franc was replaced by the Malagasy franc on 1 July 1963. It was pegged to the French franc with the same value as the CFA franc (1 FRF = 50 MGF), guaranteed by the French treasury. Denominations were given both in francs and ariary, with 5 francs = 1 ariary. Madagascar left the CFA franc zone in 1972 and the Malagasy franc was declared inconvertible. Banknotes were issued by the Institut d'Émission Malgache until 1974 when the Banque Centrale de Madagascar (Central Bank of Madagascar) took over that function. The peg to the French franc was kept until 1982 when a series of devaluations began. Finally, the franc was floated freely in May 1994. On 1 June 1995 the exchange rate had dropped to 1 FRF = 777 MGF. On 1 January 2005 it was replaced by the ariary at a rate of 5 francs to the ariary. By then, the exchange rate was 1 EUR = 11,531 MGF (with one euro = 6.55957 FRF). The first Malagasy coins were issued in 1943 by the Free French. These were bronze 50 centime and 1 franc coins bearing the Cross of Lorraine symbol. In 1948, aluminum 1 and 2 franc coins were introduced, followed by aluminum 5 francs and aluminum bronze 10 and 20 francs in 1953. From 1965, coins were issued denominated in both francs and ariary. Find out more from wikipedia

Papua New Guinean Kina

Papua New Guinea Kina , The Kina (ISO 4217 currency code: PGK, the currency symbol: K) is the currency of Papua New Guinea. It is divided into 100 toea. The name Kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country. The kina was introduced on 19 May 1975 and circulated along with the Australian dollar until 31 December 1975. The two currencies were equal in value (K1 = A$1). The next day, the dollar ceased to be legal tender in Papua New Guinea. The kina has been a historically stable currency; the economy has never experienced exorbitant rates of monetary inflation. During its early years, the kina experienced an appreciation relative to the Australian dollar, reaching a value of approximately A$1.30 in 1980. The kina reached a peak relative to the Australian dollar in 1986 (K1 = A$1.54). The kina remained stable until 1995, when the country started experiencing double-digit annual rates of inflation, causing its value to drop gradually. The kina fell below the Australian dollar in 1996. Elevated rates of inflation persisted, and by 2002, the value of the kina fell below A$0.50. For most of the time since then, with the exception of between September 2008 and March 2009, the kina traded below A$0.50. The average exchange rate of one kina in September 2022 was: K1 = US$0.2840, which means that US$1 = K3.52.
Find out more from wikipedia

Convertion Chart MGF to PGK
MGF		PGK


5 MGF	=	0.0008 PGK
10 MGF	=	0.0016 PGK
15 MGF	=	0.0024 PGK
20 MGF	=	0.0032 PGK
25 MGF	=	0.004 PGK
30 MGF	=	0.0048 PGK
35 MGF	=	0.0056 PGK
40 MGF	=	0.0064 PGK
45 MGF	=	0.0072 PGK
50 MGF	=	0.008 PGK
55 MGF	=	0.0088 PGK
60 MGF	=	0.0096 PGK
65 MGF	=	0.0104 PGK
70 MGF	=	0.0112 PGK
75 MGF	=	0.0121 PGK
80 MGF	=	0.0129 PGK
85 MGF	=	0.0137 PGK
90 MGF	=	0.0145 PGK
95 MGF	=	0.0153 PGK
100 MGF	=	0.0161 PGK
105 MGF	=	0.0169 PGK
110 MGF	=	0.0177 PGK
115 MGF	=	0.0185 PGK
120 MGF	=	0.0193 PGK
125 MGF	=	0.0201 PGK
130 MGF	=	0.0209 PGK
135 MGF	=	0.0217 PGK
140 MGF	=	0.0225 PGK
145 MGF	=	0.0233 PGK
150 MGF	=	0.0241 PGK
155 MGF	=	0.0249 PGK
160 MGF	=	0.0257 PGK
165 MGF	=	0.0265 PGK
170 MGF	=	0.0273 PGK
175 MGF	=	0.0281 PGK
180 MGF	=	0.0289 PGK
185 MGF	=	0.0297 PGK
190 MGF	=	0.0305 PGK
195 MGF	=	0.0313 PGK
200 MGF	=	0.0321 PGK
205 MGF	=	0.0329 PGK
210 MGF	=	0.0337 PGK
215 MGF	=	0.0345 PGK
220 MGF	=	0.0353 PGK
225 MGF	=	0.0362 PGK
230 MGF	=	0.037 PGK
235 MGF	=	0.0378 PGK
240 MGF	=	0.0386 PGK
245 MGF	=	0.0394 PGK
250 MGF	=	0.0402 PGK
255 MGF	=	0.041 PGK
260 MGF	=	0.0418 PGK
265 MGF	=	0.0426 PGK
270 MGF	=	0.0434 PGK
275 MGF	=	0.0442 PGK
280 MGF	=	0.045 PGK
285 MGF	=	0.0458 PGK
290 MGF	=	0.0466 PGK
295 MGF	=	0.0474 PGK
300 MGF	=	0.0482 PGK
305 MGF	=	0.049 PGK
310 MGF	=	0.0498 PGK
315 MGF	=	0.0506 PGK
320 MGF	=	0.0514 PGK
325 MGF	=	0.0522 PGK
330 MGF	=	0.053 PGK
335 MGF	=	0.0538 PGK
340 MGF	=	0.0546 PGK
345 MGF	=	0.0554 PGK
350 MGF	=	0.0562 PGK
355 MGF	=	0.057 PGK
360 MGF	=	0.0578 PGK
365 MGF	=	0.0586 PGK
370 MGF	=	0.0594 PGK
375 MGF	=	0.0603 PGK
380 MGF	=	0.0611 PGK
385 MGF	=	0.0619 PGK
390 MGF	=	0.0627 PGK
395 MGF	=	0.0635 PGK
400 MGF	=	0.0643 PGK
405 MGF	=	0.0651 PGK
410 MGF	=	0.0659 PGK
415 MGF	=	0.0667 PGK
420 MGF	=	0.0675 PGK
425 MGF	=	0.0683 PGK
430 MGF	=	0.0691 PGK
435 MGF	=	0.0699 PGK
440 MGF	=	0.0707 PGK
445 MGF	=	0.0715 PGK
450 MGF	=	0.0723 PGK
455 MGF	=	0.0731 PGK
460 MGF	=	0.0739 PGK
465 MGF	=	0.0747 PGK
470 MGF	=	0.0755 PGK
475 MGF	=	0.0763 PGK
480 MGF	=	0.0771 PGK
485 MGF	=	0.0779 PGK
490 MGF	=	0.0787 PGK
495 MGF	=	0.0795 PGK
500 MGF	=	0.0803 PGK

Convertion Chart PGK to MGF
Papua New Guinean Kina		MGF


5 PGK	=	31119.2718 MGF
10 PGK	=	62238.5436 MGF
15 PGK	=	93357.8155 MGF
20 PGK	=	124477.0873 MGF
25 PGK	=	155596.3591 MGF
30 PGK	=	186715.6309 MGF
35 PGK	=	217834.9027 MGF
40 PGK	=	248954.1746 MGF
45 PGK	=	280073.4464 MGF
50 PGK	=	311192.7182 MGF
55 PGK	=	342311.99 MGF
60 PGK	=	373431.2618 MGF
65 PGK	=	404550.5337 MGF
70 PGK	=	435669.8055 MGF
75 PGK	=	466789.0773 MGF
80 PGK	=	497908.3491 MGF
85 PGK	=	529027.621 MGF
90 PGK	=	560146.8928 MGF
95 PGK	=	591266.1646 MGF
100 PGK	=	622385.4364 MGF
105 PGK	=	653504.7082 MGF
110 PGK	=	684623.9801 MGF
115 PGK	=	715743.2519 MGF
120 PGK	=	746862.5237 MGF
125 PGK	=	777981.7955 MGF
130 PGK	=	809101.0673 MGF
135 PGK	=	840220.3392 MGF
140 PGK	=	871339.611 MGF
145 PGK	=	902458.8828 MGF
150 PGK	=	933578.1546 MGF
155 PGK	=	964697.4264 MGF
160 PGK	=	995816.6983 MGF
165 PGK	=	1026935.9701 MGF
170 PGK	=	1058055.2419 MGF
175 PGK	=	1089174.5137 MGF
180 PGK	=	1120293.7855 MGF
185 PGK	=	1151413.0574 MGF
190 PGK	=	1182532.3292 MGF
195 PGK	=	1213651.601 MGF
200 PGK	=	1244770.8728 MGF
205 PGK	=	1275890.1446 MGF
210 PGK	=	1307009.4165 MGF
215 PGK	=	1338128.6883 MGF
220 PGK	=	1369247.9601 MGF
225 PGK	=	1400367.2319 MGF
230 PGK	=	1431486.5038 MGF
235 PGK	=	1462605.7756 MGF
240 PGK	=	1493725.0474 MGF
245 PGK	=	1524844.3192 MGF
250 PGK	=	1555963.591 MGF
255 PGK	=	1587082.8629 MGF
260 PGK	=	1618202.1347 MGF
265 PGK	=	1649321.4065 MGF
270 PGK	=	1680440.6783 MGF
275 PGK	=	1711559.9501 MGF
280 PGK	=	1742679.222 MGF
285 PGK	=	1773798.4938 MGF
290 PGK	=	1804917.7656 MGF
295 PGK	=	1836037.0374 MGF
300 PGK	=	1867156.3092 MGF
305 PGK	=	1898275.5811 MGF
310 PGK	=	1929394.8529 MGF
315 PGK	=	1960514.1247 MGF
320 PGK	=	1991633.3965 MGF
325 PGK	=	2022752.6683 MGF
330 PGK	=	2053871.9402 MGF
335 PGK	=	2084991.212 MGF
340 PGK	=	2116110.4838 MGF
345 PGK	=	2147229.7556 MGF
350 PGK	=	2178349.0274 MGF
355 PGK	=	2209468.2993 MGF
360 PGK	=	2240587.5711 MGF
365 PGK	=	2271706.8429 MGF
370 PGK	=	2302826.1147 MGF
375 PGK	=	2333945.3866 MGF
380 PGK	=	2365064.6584 MGF
385 PGK	=	2396183.9302 MGF
390 PGK	=	2427303.202 MGF
395 PGK	=	2458422.4738 MGF
400 PGK	=	2489541.7457 MGF
405 PGK	=	2520661.0175 MGF
410 PGK	=	2551780.2893 MGF
415 PGK	=	2582899.5611 MGF
420 PGK	=	2614018.8329 MGF
425 PGK	=	2645138.1048 MGF
430 PGK	=	2676257.3766 MGF
435 PGK	=	2707376.6484 MGF
440 PGK	=	2738495.9202 MGF
445 PGK	=	2769615.192 MGF
450 PGK	=	2800734.4639 MGF
455 PGK	=	2831853.7357 MGF
460 PGK	=	2862973.0075 MGF
465 PGK	=	2894092.2793 MGF
470 PGK	=	2925211.5511 MGF
475 PGK	=	2956330.823 MGF
480 PGK	=	2987450.0948 MGF
485 PGK	=	3018569.3666 MGF
490 PGK	=	3049688.6384 MGF
495 PGK	=	3080807.9102 MGF
500 PGK	=	3111927.1821 MGF