Convert Guinean Franc to Bermudan Dollar
Please provide values below to convert Guinean Franc [GNF] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Guinean Franc.
How to Convert Guinean Franc to Bermudan Dollar
1 GNF = 8695.1742 BMD
Example: convert 15 GNF to BMD:
15 GNF = 15 × 8695.1742 BMD = 130427.613 BMD
Guinean Franc to Bermudan Dollar Conversion Table
| Guinean Franc | Bermudan Dollar |
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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.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.