Currencies

Countries that use the Guinea Franc

The Guinea Franc is an official national currency and used only in Guinea. 1 Franc is devided into 100 Centimes.

ISO 4127:
GNF
Numeric:
324
1.00 Guinea Franc = 0.0001 US Dollar
(date: 08/15/2018)



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Exchange rate history 10000 GNF in USD



Guinea Franc as currency

CountryRegion
GuineaWestern Africa




Currency reserves for the Guinea Franc

According to the International Monetary Fund, the total broad money (M3) amounted to GNF 19,559.56 trillion at the end of 2016. For currency hedging, reserves were held in a total amount of 3,198.54 billion Francs. This corresponds to a ratio of 1:6.1. In other words: Not even 1 of 7 Francs is deposited with a countervalue.

Approximately 68.3 billion Francs (2.1%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

Worldwide currency and gold reserves

US Dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean