Material eXchange Format (MXF) is a container format for professional digital video and audio media defined by a set of SMPTE standards. MXF is a “container” or “wrapper” format which supports a number of different streams of coded “essence”, encoded with any of a variety of codecs, together with a metadata wrapper which describes the material contained within the MXF file.
The footage shot onto a P2 card in DVCPRO (HD) with Panasonic Camcorders such as AG-HVX200, AG-HPX300, etc are normally save as MXF files. These files, usually known as P2 MXF file for short, are not naturally supported by most media players and editors. When importing the P2 MXF files for playing back or editing, you probably will get an error message. Here I would like to share with you a video trans-coding tool to help you solve the problem—the Pavtube HD Video Converter, which can be used as a MXF converter as well. With this application you can convert P2 MXF to AVI and various other video formats easily. Audio track can be extracted for collection too.
I really liked how your trial version provided full access to the functions of the software. It allowed me to test the conversion quality. You can download from here: http://www.pavtube.com/hd-video-converter
Windows: How to convert P2 MXF file to AVI format
MAC: How to transfer P2 MXF to QuickTime MOV format for storage