Convert New Taiwan Dollar to Guinean Franc
Please provide values below to convert New Taiwan Dollar [TWD] to Guinean Franc [GNF], or Convert Guinean Franc to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Guinean Franc
1 TWD = 0.00337716063238848 GNF
Example: convert 15 TWD to GNF:
15 TWD = 15 × 0.00337716063238848 GNF = 0.0506574094858272 GNF
New Taiwan Dollar to Guinean Franc Conversion Table
| New Taiwan Dollar | Guinean Franc |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.