Convert Guinean Franc to Chinese Yuan (Offshore)
Please provide values below to convert Guinean Franc [GNF] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Guinean Franc.
How to Convert Guinean Franc to Chinese Yuan (Offshore)
1 GNF = 1212.45920146067 CNH
Example: convert 15 GNF to CNH:
15 GNF = 15 × 1212.45920146067 CNH = 18186.88802191 CNH
Guinean Franc to Chinese Yuan (Offshore) Conversion Table
Guinean Franc | Chinese Yuan (Offshore) |
---|
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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.