Convert Guinean Franc to Moroccan Dirham
Please provide values below to convert Guinean Franc [GNF] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Guinean Franc.
How to Convert Guinean Franc to Moroccan Dirham
1 GNF = 965.240300611658 MAD
Example: convert 15 GNF to MAD:
15 GNF = 15 × 965.240300611658 MAD = 14478.6045091749 MAD
Guinean Franc to Moroccan Dirham Conversion Table
| Guinean Franc | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.