I have a Canon FD 50mm f/1.2 lens with a Metabones focal reducer which gives about an one stop more light.
So, I'd like to set this value to 0.8 for this combo.
exiftool -MaxApertureValue=0.8 $image
Warning: Must be a positive number for ExifIFD:MaxApertureValue
There is a problem with the EXIF specification at this point; it simply does not allow for aperture values > 1. This is a grave oversight as not only do lenses with apertures > 1 really exist, they can also be fabricated using converters like you do.
Other than writing the info into the relevant xmp tags, I do not see a solution for you :(