Convert United States Dollar to Guinean Franc
Please provide values below to convert United States Dollar [USD] to Guinean Franc [GNF], or Convert Guinean Franc to United States Dollar.
How to Convert United States Dollar to Guinean Franc
1 USD = 0.000115006321552477 GNF
Example: convert 15 USD to GNF:
15 USD = 15 × 0.000115006321552477 GNF = 0.00172509482328715 GNF
United States Dollar to Guinean Franc Conversion Table
| United States Dollar | Guinean Franc |
|---|
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.