Convert Guinean Franc to Euro
Please provide values below to convert Guinean Franc [GNF] to Euro [EUR], or Convert Euro to Guinean Franc.
How to Convert Guinean Franc to Euro
1 GNF = 10197.2255189398 EUR
Example: convert 15 GNF to EUR:
15 GNF = 15 × 10197.2255189398 EUR = 152958.382784098 EUR
Guinean Franc to Euro Conversion Table
| Guinean Franc | Euro |
|---|
Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.