1 MGF to PHP Philippine Peso

March 6, 2023 by pkr_to_usd_786

1 MGF to PHP Philippine Peso
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 PHP Philippine Peso

1 Malagasy Franc ( MGF ) = 0.0024126242686921 Philippine Peso (PHP)

1 MGF = 0.0024126242686921 PHP

1 PHP = 414.48642168477 MGF

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1 Malagasy Franc ( MGF ) Is equal to 0.0024126242686921 Philippine Peso (PHP)
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

Philippine Peso

Philippines Peso , The Philippine peso, also referred to by its Tagalog name piso (Philippine English: /ˈpɛsɔː/ PEH-saw, /ˈpiː-/ PEE-, plural pesos; Tagalog: piso [ˈpiso, pɪˈso]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 sentimo, also called centavos. The Philippine peso sign is denoted by the symbol "₱", introduced under American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P". The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac. The Philippine peso is derived from the Spanish peso or pieces of eight brought over in large quantities from Spanish America by the Manila galleons of the period from the 16th century to the 19th. From the same Spanish peso or dollar is derived the various pesos of Spanish America, the dollars of the US and Hong Kong, as well as the Chinese yuan and the Japanese yen. The trade the pre-colonial tribes of what is now the Philippines did among themselves with its many types of pre-Hispanic kingdoms (kedatuans, rajahnates, wangdoms, lakanates and sultanates) and with traders from the neighboring islands was conducted through barter. The inconvenience of barter, however, later led to the use of some objects as a medium of exchange. Gold, which was plentiful in many parts of the islands, invariably found its way into these objects that included the Piloncitos, small bead-like gold bits considered by the local numismatists as the earliest coin of the ancient peoples of the Philippines, and gold barter rings. The original silver currency unit was the rupya or rupiah, brought over by trade with India and Indonesia.
Find out more from wikipedia

Convertion Chart MGF to PHP
MGF		PHP


5 MGF	=	0.0121 PHP
10 MGF	=	0.0241 PHP
15 MGF	=	0.0362 PHP
20 MGF	=	0.0483 PHP
25 MGF	=	0.0603 PHP
30 MGF	=	0.0724 PHP
35 MGF	=	0.0844 PHP
40 MGF	=	0.0965 PHP
45 MGF	=	0.1086 PHP
50 MGF	=	0.1206 PHP
55 MGF	=	0.1327 PHP
60 MGF	=	0.1448 PHP
65 MGF	=	0.1568 PHP
70 MGF	=	0.1689 PHP
75 MGF	=	0.1809 PHP
80 MGF	=	0.193 PHP
85 MGF	=	0.2051 PHP
90 MGF	=	0.2171 PHP
95 MGF	=	0.2292 PHP
100 MGF	=	0.2413 PHP
105 MGF	=	0.2533 PHP
110 MGF	=	0.2654 PHP
115 MGF	=	0.2775 PHP
120 MGF	=	0.2895 PHP
125 MGF	=	0.3016 PHP
130 MGF	=	0.3136 PHP
135 MGF	=	0.3257 PHP
140 MGF	=	0.3378 PHP
145 MGF	=	0.3498 PHP
150 MGF	=	0.3619 PHP
155 MGF	=	0.374 PHP
160 MGF	=	0.386 PHP
165 MGF	=	0.3981 PHP
170 MGF	=	0.4101 PHP
175 MGF	=	0.4222 PHP
180 MGF	=	0.4343 PHP
185 MGF	=	0.4463 PHP
190 MGF	=	0.4584 PHP
195 MGF	=	0.4705 PHP
200 MGF	=	0.4825 PHP
205 MGF	=	0.4946 PHP
210 MGF	=	0.5067 PHP
215 MGF	=	0.5187 PHP
220 MGF	=	0.5308 PHP
225 MGF	=	0.5428 PHP
230 MGF	=	0.5549 PHP
235 MGF	=	0.567 PHP
240 MGF	=	0.579 PHP
245 MGF	=	0.5911 PHP
250 MGF	=	0.6032 PHP
255 MGF	=	0.6152 PHP
260 MGF	=	0.6273 PHP
265 MGF	=	0.6393 PHP
270 MGF	=	0.6514 PHP
275 MGF	=	0.6635 PHP
280 MGF	=	0.6755 PHP
285 MGF	=	0.6876 PHP
290 MGF	=	0.6997 PHP
295 MGF	=	0.7117 PHP
300 MGF	=	0.7238 PHP
305 MGF	=	0.7359 PHP
310 MGF	=	0.7479 PHP
315 MGF	=	0.76 PHP
320 MGF	=	0.772 PHP
325 MGF	=	0.7841 PHP
330 MGF	=	0.7962 PHP
335 MGF	=	0.8082 PHP
340 MGF	=	0.8203 PHP
345 MGF	=	0.8324 PHP
350 MGF	=	0.8444 PHP
355 MGF	=	0.8565 PHP
360 MGF	=	0.8685 PHP
365 MGF	=	0.8806 PHP
370 MGF	=	0.8927 PHP
375 MGF	=	0.9047 PHP
380 MGF	=	0.9168 PHP
385 MGF	=	0.9289 PHP
390 MGF	=	0.9409 PHP
395 MGF	=	0.953 PHP
400 MGF	=	0.965 PHP
405 MGF	=	0.9771 PHP
410 MGF	=	0.9892 PHP
415 MGF	=	1.0012 PHP
420 MGF	=	1.0133 PHP
425 MGF	=	1.0254 PHP
430 MGF	=	1.0374 PHP
435 MGF	=	1.0495 PHP
440 MGF	=	1.0616 PHP
445 MGF	=	1.0736 PHP
450 MGF	=	1.0857 PHP
455 MGF	=	1.0977 PHP
460 MGF	=	1.1098 PHP
465 MGF	=	1.1219 PHP
470 MGF	=	1.1339 PHP
475 MGF	=	1.146 PHP
480 MGF	=	1.1581 PHP
485 MGF	=	1.1701 PHP
490 MGF	=	1.1822 PHP
495 MGF	=	1.1942 PHP
500 MGF	=	1.2063 PHP

Convertion Chart PHP to MGF
Philippine Peso		MGF


5 PHP	=	2072.4321 MGF
10 PHP	=	4144.8642 MGF
15 PHP	=	6217.2963 MGF
20 PHP	=	8289.7284 MGF
25 PHP	=	10362.1605 MGF
30 PHP	=	12434.5927 MGF
35 PHP	=	14507.0248 MGF
40 PHP	=	16579.4569 MGF
45 PHP	=	18651.889 MGF
50 PHP	=	20724.3211 MGF
55 PHP	=	22796.7532 MGF
60 PHP	=	24869.1853 MGF
65 PHP	=	26941.6174 MGF
70 PHP	=	29014.0495 MGF
75 PHP	=	31086.4816 MGF
80 PHP	=	33158.9137 MGF
85 PHP	=	35231.3458 MGF
90 PHP	=	37303.778 MGF
95 PHP	=	39376.2101 MGF
100 PHP	=	41448.6422 MGF
105 PHP	=	43521.0743 MGF
110 PHP	=	45593.5064 MGF
115 PHP	=	47665.9385 MGF
120 PHP	=	49738.3706 MGF
125 PHP	=	51810.8027 MGF
130 PHP	=	53883.2348 MGF
135 PHP	=	55955.6669 MGF
140 PHP	=	58028.099 MGF
145 PHP	=	60100.5311 MGF
150 PHP	=	62172.9633 MGF
155 PHP	=	64245.3954 MGF
160 PHP	=	66317.8275 MGF
165 PHP	=	68390.2596 MGF
170 PHP	=	70462.6917 MGF
175 PHP	=	72535.1238 MGF
180 PHP	=	74607.5559 MGF
185 PHP	=	76679.988 MGF
190 PHP	=	78752.4201 MGF
195 PHP	=	80824.8522 MGF
200 PHP	=	82897.2843 MGF
205 PHP	=	84969.7164 MGF
210 PHP	=	87042.1486 MGF
215 PHP	=	89114.5807 MGF
220 PHP	=	91187.0128 MGF
225 PHP	=	93259.4449 MGF
230 PHP	=	95331.877 MGF
235 PHP	=	97404.3091 MGF
240 PHP	=	99476.7412 MGF
245 PHP	=	101549.1733 MGF
250 PHP	=	103621.6054 MGF
255 PHP	=	105694.0375 MGF
260 PHP	=	107766.4696 MGF
265 PHP	=	109838.9017 MGF
270 PHP	=	111911.3339 MGF
275 PHP	=	113983.766 MGF
280 PHP	=	116056.1981 MGF
285 PHP	=	118128.6302 MGF
290 PHP	=	120201.0623 MGF
295 PHP	=	122273.4944 MGF
300 PHP	=	124345.9265 MGF
305 PHP	=	126418.3586 MGF
310 PHP	=	128490.7907 MGF
315 PHP	=	130563.2228 MGF
320 PHP	=	132635.6549 MGF
325 PHP	=	134708.087 MGF
330 PHP	=	136780.5192 MGF
335 PHP	=	138852.9513 MGF
340 PHP	=	140925.3834 MGF
345 PHP	=	142997.8155 MGF
350 PHP	=	145070.2476 MGF
355 PHP	=	147142.6797 MGF
360 PHP	=	149215.1118 MGF
365 PHP	=	151287.5439 MGF
370 PHP	=	153359.976 MGF
375 PHP	=	155432.4081 MGF
380 PHP	=	157504.8402 MGF
385 PHP	=	159577.2723 MGF
390 PHP	=	161649.7045 MGF
395 PHP	=	163722.1366 MGF
400 PHP	=	165794.5687 MGF
405 PHP	=	167867.0008 MGF
410 PHP	=	169939.4329 MGF
415 PHP	=	172011.865 MGF
420 PHP	=	174084.2971 MGF
425 PHP	=	176156.7292 MGF
430 PHP	=	178229.1613 MGF
435 PHP	=	180301.5934 MGF
440 PHP	=	182374.0255 MGF
445 PHP	=	184446.4576 MGF
450 PHP	=	186518.8898 MGF
455 PHP	=	188591.3219 MGF
460 PHP	=	190663.754 MGF
465 PHP	=	192736.1861 MGF
470 PHP	=	194808.6182 MGF
475 PHP	=	196881.0503 MGF
480 PHP	=	198953.4824 MGF
485 PHP	=	201025.9145 MGF
490 PHP	=	203098.3466 MGF
495 PHP	=	205170.7787 MGF
500 PHP	=	207243.2108 MGF