Convert DMG to EXE

Converting .dmg to .exe format is usually attempted when users seek to convert Apple Disk Image files to Windows Executable Files (both are installer packages) so that they can install Apple utilities in the Windows operating system.

Such conversion is, however, not possible.

One possible option could be using a virtual machine utility, and virtualize macOS on your Windows machine, then install the program on your virtual machine.

Simply put, it is impossible to convert DMG to EXE directly.
Thus, there is no so-called dmg to exe converter or a free online .dmg to .exe converter to be found.