Convert Guinean Franc to Lebanese Pound
Please provide values below to convert Guinean Franc [GNF] to Lebanese Pound [LBP], or Convert Lebanese Pound to Guinean Franc.
How to Convert Guinean Franc to Lebanese Pound
1 GNF = 0.0971527843575419 LBP
Example: convert 15 GNF to LBP:
15 GNF = 15 × 0.0971527843575419 LBP = 1.45729176536313 LBP
Guinean Franc to Lebanese Pound Conversion Table
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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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.