Convert Guinean Franc to Australian Dollar
Please provide values below to convert Guinean Franc [GNF] to Australian Dollar [AUD], or Convert Australian Dollar to Guinean Franc.
How to Convert Guinean Franc to Australian Dollar
1 GNF = 5686.09351294795 AUD
Example: convert 15 GNF to AUD:
15 GNF = 15 × 5686.09351294795 AUD = 85291.4026942192 AUD
Guinean Franc to Australian Dollar 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.