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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

Historical predecessor

Guinean syli