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Guinea - Guinean Franc - Currency Guide

 

Foreign exchange guide to Guinea and the Guinean Franc (GNF)

       

GNF News, Forecasts and Trends

The below interactive chart shows the USD to GNF exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to GNF 90-day trend
 
1-DAY0.6% 90-DAY-HI
USD/GNF at 9498.42 was trading near AVG:9479.71 with LO:9386.94 and HI:9560.62 (90 days). There are no current rate alerts.

US Dollar to Guinean Franc - Historical Rates

USD/GNFPeriod to 28-MayDateRate
0.7% ▲1 Week21 May 20209455.0000
0% ▲30 Days28 Apr 20209517.0538
0.9% ▲90 Days28 Feb 20209435.0000
3.2% ▲1 Year29 May 20199230.0000
27.8% ▲5 Years30 May 20157447.1600
89.5% ▲10 Years31 May 20105025.0690
USD/GNF 10 year rates & changes to 28-May-2020 (9520.9208)

US Dollar to Guinean Franc - Quick Conversions

USD GNF
U$ 1 FG 9,498
U$ 5 FG 47,492
U$ 10 FG 94,984
U$ 20 FG 189,968
U$ 50 FG 474,920
U$ 100 FG 949,840
U$ 250 FG 2,374,600
U$ 500 FG 4,749,200
U$ 1,000 FG 9,498,400
U$ 2,000 FG 18,996,800
U$ 5,000 FG 47,492,000
U$ 10,000 FG 94,984,000
U$ 50,000 FG 474,920,000
U$ 100,000 FG 949,840,000
More amounts
USD GNF
U$ 0.0001 FG 1
U$ 0.0005 FG 5
U$ 0.0011 FG 10
U$ 0.0021 FG 20
U$ 0.0053 FG 50
U$ 0.0105 FG 100
U$ 0.0263 FG 250
U$ 0.0525 FG 500
U$ 0.1050 FG 1,000
U$ 0.2100 FG 2,000
U$ 0.5250 FG 5,000
U$ 1.0500 FG 10,000
U$ 5.2500 FG 50,000
U$ 10.50 FG 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Guinea?

The domestic currency in Guinea is the Guinean Franc.

What is the Guinean Franc currency code and symbol?

The three letter currency code for the Guinean Franc is GNF — symbol is FG.

Which countries use the Guinean Franc?

It is the domestic currency in    Guinea.

Is the Guinean Franc a closed currency?

No, the Guinean Franc is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Guinea

Travel money for Guinea

Save money and time by Ordering your Guinean Franc online from Travelex, you get better rates and can pick up the GNF cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Guinean Franc otherwise you may get much worst exchange rates.

 

Sending money to Guinea

When searching around for information on how to get a good exchange rate when sending money to Guinea you need to start with finding out the latest Guinean Franc foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Guinea

When sending money to Guinea it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Guinean Franc amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted GNF amount will be transfered to the recipient account you specify in Guinea.

Use our Send to Guinean Franc calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Guinean Franc deposited into the recipient bank account and less margins and fees kept by the banks!


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