Convert Guinean Franc to Israeli New Sheqel
Please provide values below to convert Guinean Franc [GNF] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Guinean Franc.
How to Convert Guinean Franc to Israeli New Sheqel
1 GNF = 2599.45417040359 ILS
Example: convert 15 GNF to ILS:
15 GNF = 15 × 2599.45417040359 ILS = 38991.8125560538 ILS
Guinean Franc to Israeli New Sheqel Conversion Table
| Guinean Franc | Israeli New Sheqel |
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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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.