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GNF - Guinean Franc currency
Guinea
The Guinean Franc (GNF) is the official currency of Guinea, issued by the Central Bank of the Republic of Guinea. It was introduced in 1959, replacing the French West African CFA Franc following Guinea’s independence. The Guinean Franc is a free-floating currency, but it has suffered significant inflation and devaluation due to economic instability, political unrest, and reliance on commodity exports (especially bauxite and gold). The currency is not subdivided into smaller units, as centimes were removed from circulation due to inflation. Banknotes are issued in values from GNF 1,000 to GNF 20,000, while coins are rarely used.
GNF - Guinean Franc profile
Symbol
FG
ISO 4217 Code
GNF
Central Bank
Central Bank of the Republic of Guinea
Nicknames
Franc
Countries using this currency
Guinea
GNF - Guinean Franc live currency rates
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
