Guinean Franc to US Dollar — exchange rate

Country of Circulation: Guinea

Currency Code, Symbol: GNF, FG

Denominations of coins in circulation: 1, 5, 10, 25, 50 francs

Denominations of banknotes in circulation: 100, 500, 1,000, 2,000, 5,000, 10,000, 20,000 francs

History: The Guinean franc (GFr) is the national currency of the Guinean state. It is not used in other countries. In the global financial arena, it is often abbreviated to GNF.Centimes are used as change for the Guinean franc. Every GNF has 100 centimes. It first appeared in 1960 and existed up to 1972. Afterwards, it was replaced with the Guinean syli. However, in 1986, GNF has come into circulation again. In practice, 25 and 50-franc notes are not commonly used. Only those notes and coins that were issued after 1985 are accepted for payment.Read More

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More