Convert Guinean Franc to Saudi Riyal
Please provide values below to convert Guinean Franc [GNF] to Saudi Riyal [SAR], or Convert Saudi Riyal to Guinean Franc.
How to Convert Guinean Franc to Saudi Riyal
1 GNF = 2318.71312 SAR
Example: convert 15 GNF to SAR:
15 GNF = 15 × 2318.71312 SAR = 34780.6968 SAR
Guinean Franc to Saudi Riyal Conversion Table
| Guinean Franc | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.