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 ) = 0.0025044363804383 Philippine Peso (PHP)

1 MGF = 0.0025044363804383 PHP

1 PHP = 399.29143651276 MGF

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1 Malagasy Franc ( MGF ) Is equal to 0.0025044363804383 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	=	0.0125 PHP
10 MGF	=	0.025 PHP
15 MGF	=	0.0376 PHP
20 MGF	=	0.0501 PHP
25 MGF	=	0.0626 PHP
30 MGF	=	0.0751 PHP
35 MGF	=	0.0877 PHP
40 MGF	=	0.1002 PHP
45 MGF	=	0.1127 PHP
50 MGF	=	0.1252 PHP
55 MGF	=	0.1377 PHP
60 MGF	=	0.1503 PHP
65 MGF	=	0.1628 PHP
70 MGF	=	0.1753 PHP
75 MGF	=	0.1878 PHP
80 MGF	=	0.2004 PHP
85 MGF	=	0.2129 PHP
90 MGF	=	0.2254 PHP
95 MGF	=	0.2379 PHP
100 MGF	=	0.2504 PHP
105 MGF	=	0.263 PHP
110 MGF	=	0.2755 PHP
115 MGF	=	0.288 PHP
120 MGF	=	0.3005 PHP
125 MGF	=	0.3131 PHP
130 MGF	=	0.3256 PHP
135 MGF	=	0.3381 PHP
140 MGF	=	0.3506 PHP
145 MGF	=	0.3631 PHP
150 MGF	=	0.3757 PHP
155 MGF	=	0.3882 PHP
160 MGF	=	0.4007 PHP
165 MGF	=	0.4132 PHP
170 MGF	=	0.4258 PHP
175 MGF	=	0.4383 PHP
180 MGF	=	0.4508 PHP
185 MGF	=	0.4633 PHP
190 MGF	=	0.4758 PHP
195 MGF	=	0.4884 PHP
200 MGF	=	0.5009 PHP
205 MGF	=	0.5134 PHP
210 MGF	=	0.5259 PHP
215 MGF	=	0.5385 PHP
220 MGF	=	0.551 PHP
225 MGF	=	0.5635 PHP
230 MGF	=	0.576 PHP
235 MGF	=	0.5885 PHP
240 MGF	=	0.6011 PHP
245 MGF	=	0.6136 PHP
250 MGF	=	0.6261 PHP
255 MGF	=	0.6386 PHP
260 MGF	=	0.6512 PHP
265 MGF	=	0.6637 PHP
270 MGF	=	0.6762 PHP
275 MGF	=	0.6887 PHP
280 MGF	=	0.7012 PHP
285 MGF	=	0.7138 PHP
290 MGF	=	0.7263 PHP
295 MGF	=	0.7388 PHP
300 MGF	=	0.7513 PHP
305 MGF	=	0.7639 PHP
310 MGF	=	0.7764 PHP
315 MGF	=	0.7889 PHP
320 MGF	=	0.8014 PHP
325 MGF	=	0.8139 PHP
330 MGF	=	0.8265 PHP
335 MGF	=	0.839 PHP
340 MGF	=	0.8515 PHP
345 MGF	=	0.864 PHP
350 MGF	=	0.8766 PHP
355 MGF	=	0.8891 PHP
360 MGF	=	0.9016 PHP
365 MGF	=	0.9141 PHP
370 MGF	=	0.9266 PHP
375 MGF	=	0.9392 PHP
380 MGF	=	0.9517 PHP
385 MGF	=	0.9642 PHP
390 MGF	=	0.9767 PHP
395 MGF	=	0.9893 PHP
400 MGF	=	1.0018 PHP
405 MGF	=	1.0143 PHP
410 MGF	=	1.0268 PHP
415 MGF	=	1.0393 PHP
420 MGF	=	1.0519 PHP
425 MGF	=	1.0644 PHP
430 MGF	=	1.0769 PHP
435 MGF	=	1.0894 PHP
440 MGF	=	1.102 PHP
445 MGF	=	1.1145 PHP
450 MGF	=	1.127 PHP
455 MGF	=	1.1395 PHP
460 MGF	=	1.152 PHP
465 MGF	=	1.1646 PHP
470 MGF	=	1.1771 PHP
475 MGF	=	1.1896 PHP
480 MGF	=	1.2021 PHP
485 MGF	=	1.2147 PHP
490 MGF	=	1.2272 PHP
495 MGF	=	1.2397 PHP
500 MGF	=	1.2522 PHP

Convertion Chart PHP to MGF
Philippine Peso		MGF


5 PHP	=	1996.4572 MGF
10 PHP	=	3992.9144 MGF
15 PHP	=	5989.3715 MGF
20 PHP	=	7985.8287 MGF
25 PHP	=	9982.2859 MGF
30 PHP	=	11978.7431 MGF
35 PHP	=	13975.2003 MGF
40 PHP	=	15971.6575 MGF
45 PHP	=	17968.1146 MGF
50 PHP	=	19964.5718 MGF
55 PHP	=	21961.029 MGF
60 PHP	=	23957.4862 MGF
65 PHP	=	25953.9434 MGF
70 PHP	=	27950.4006 MGF
75 PHP	=	29946.8577 MGF
80 PHP	=	31943.3149 MGF
85 PHP	=	33939.7721 MGF
90 PHP	=	35936.2293 MGF
95 PHP	=	37932.6865 MGF
100 PHP	=	39929.1437 MGF
105 PHP	=	41925.6008 MGF
110 PHP	=	43922.058 MGF
115 PHP	=	45918.5152 MGF
120 PHP	=	47914.9724 MGF
125 PHP	=	49911.4296 MGF
130 PHP	=	51907.8867 MGF
135 PHP	=	53904.3439 MGF
140 PHP	=	55900.8011 MGF
145 PHP	=	57897.2583 MGF
150 PHP	=	59893.7155 MGF
155 PHP	=	61890.1727 MGF
160 PHP	=	63886.6298 MGF
165 PHP	=	65883.087 MGF
170 PHP	=	67879.5442 MGF
175 PHP	=	69876.0014 MGF
180 PHP	=	71872.4586 MGF
185 PHP	=	73868.9158 MGF
190 PHP	=	75865.3729 MGF
195 PHP	=	77861.8301 MGF
200 PHP	=	79858.2873 MGF
205 PHP	=	81854.7445 MGF
210 PHP	=	83851.2017 MGF
215 PHP	=	85847.6589 MGF
220 PHP	=	87844.116 MGF
225 PHP	=	89840.5732 MGF
230 PHP	=	91837.0304 MGF
235 PHP	=	93833.4876 MGF
240 PHP	=	95829.9448 MGF
245 PHP	=	97826.4019 MGF
250 PHP	=	99822.8591 MGF
255 PHP	=	101819.3163 MGF
260 PHP	=	103815.7735 MGF
265 PHP	=	105812.2307 MGF
270 PHP	=	107808.6879 MGF
275 PHP	=	109805.145 MGF
280 PHP	=	111801.6022 MGF
285 PHP	=	113798.0594 MGF
290 PHP	=	115794.5166 MGF
295 PHP	=	117790.9738 MGF
300 PHP	=	119787.431 MGF
305 PHP	=	121783.8881 MGF
310 PHP	=	123780.3453 MGF
315 PHP	=	125776.8025 MGF
320 PHP	=	127773.2597 MGF
325 PHP	=	129769.7169 MGF
330 PHP	=	131766.174 MGF
335 PHP	=	133762.6312 MGF
340 PHP	=	135759.0884 MGF
345 PHP	=	137755.5456 MGF
350 PHP	=	139752.0028 MGF
355 PHP	=	141748.46 MGF
360 PHP	=	143744.9171 MGF
365 PHP	=	145741.3743 MGF
370 PHP	=	147737.8315 MGF
375 PHP	=	149734.2887 MGF
380 PHP	=	151730.7459 MGF
385 PHP	=	153727.2031 MGF
390 PHP	=	155723.6602 MGF
395 PHP	=	157720.1174 MGF
400 PHP	=	159716.5746 MGF
405 PHP	=	161713.0318 MGF
410 PHP	=	163709.489 MGF
415 PHP	=	165705.9462 MGF
420 PHP	=	167702.4033 MGF
425 PHP	=	169698.8605 MGF
430 PHP	=	171695.3177 MGF
435 PHP	=	173691.7749 MGF
440 PHP	=	175688.2321 MGF
445 PHP	=	177684.6892 MGF
450 PHP	=	179681.1464 MGF
455 PHP	=	181677.6036 MGF
460 PHP	=	183674.0608 MGF
465 PHP	=	185670.518 MGF
470 PHP	=	187666.9752 MGF
475 PHP	=	189663.4323 MGF
480 PHP	=	191659.8895 MGF
485 PHP	=	193656.3467 MGF
490 PHP	=	195652.8039 MGF
495 PHP	=	197649.2611 MGF
500 PHP	=	199645.7183 MGF