Convert Guinean Franc to New Zealand Dollar
Please provide values below to convert Guinean Franc [GNF] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Guinean Franc.
How to Convert Guinean Franc to New Zealand Dollar
1 GNF = 5209.81078490114 NZD
Example: convert 15 GNF to NZD:
15 GNF = 15 × 5209.81078490114 NZD = 78147.1617735171 NZD
Guinean Franc to New Zealand Dollar Conversion Table
| Guinean Franc | New Zealand Dollar |
|---|
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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.