Convert Guinean Franc to Bitcoin
Please provide values below to convert Guinean Franc [GNF] to Bitcoin [BTC], or Convert Bitcoin to Guinean Franc.
How to Convert Guinean Franc to Bitcoin
1 GNF = 1029025773.87938 BTC
Example: convert 15 GNF to BTC:
15 GNF = 15 × 1029025773.87938 BTC = 15435386608.1907 BTC
Guinean Franc to Bitcoin 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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.