Convert Guinean Franc to Malaysian Ringgit
Please provide values below to convert Guinean Franc [GNF] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Guinean Franc.
How to Convert Guinean Franc to Malaysian Ringgit
1 GNF = 2054.91662333979 MYR
Example: convert 15 GNF to MYR:
15 GNF = 15 × 2054.91662333979 MYR = 30823.7493500969 MYR
Guinean Franc to Malaysian Ringgit Conversion Table
Guinean Franc | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.