Convert Guinean Franc to Brazilian Real
Please provide values below to convert Guinean Franc [GNF] to Brazilian Real [BRL], or Convert Brazilian Real to Guinean Franc.
How to Convert Guinean Franc to Brazilian Real
1 GNF = 1561.9138135441 BRL
Example: convert 15 GNF to BRL:
15 GNF = 15 × 1561.9138135441 BRL = 23428.7072031615 BRL
Guinean Franc to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.