Convert Guinean Franc to Nigerian Naira
Please provide values below to convert Guinean Franc [GNF] to Nigerian Naira [NGN], or Convert Nigerian Naira to Guinean Franc.
How to Convert Guinean Franc to Nigerian Naira
1 GNF = 5.68051069871234 NGN
Example: convert 15 GNF to NGN:
15 GNF = 15 × 5.68051069871234 NGN = 85.207660480685 NGN
Guinean Franc to Nigerian Naira Conversion Table
| Guinean Franc | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.