Guinean franc · GNF
Fr symbol · 1 country currently using this currency.
Currency info
Adopted: 1985
Currency family: Franc
The Guinean franc is one of the world's least stable currencies, having lost over 99% of its value against the US dollar since 1985.
- Introduced in 1985, replacing the Guinean syli at a rate of 1 franc = 10 sylis
- Named after the French franc, reflecting Guinea's colonial history and currency naming conventions
- Managed by the Central Bank of the Republic of Guinea since its inception
- Experienced significant devaluation in the 1990s and 2000s due to economic instability
- Remains the sole legal tender in Guinea despite periodic economic challenges
Countries currently using this currency
Related
Other Franc currencies
Historical predecessor
Guinean syli