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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
 
ALERT:90-DAY HIGHS |
USD to GNF at 9665.25 was trading 1% above AVG:9566.37 with LO:9386.94 and HI:9665.25 (90 days). ALERT: USD/GNF rose to 90-DAY HIGHS.

US Dollar to Guinean Franc - Historical Rates

USD/GNF rateChangePeriod
03 Aug 2020 : 9628.71700.1% ▲1 Week
11 Jul 2020 : 9615.00000.2% ▲30 Days
12 May 2020 : 9512.75711.3% ▲90 Days
11 Aug 2019 : 9191.03244.8% ▲1 Year
12 Aug 2015 : 7296.990132% ▲5 Years
13 Aug 2010 : 5169.417186.4% ▲10 Years
USD/GNF 10 year historic rates & changes to 10-Aug-2020 : 9633.6561
 

U$1,000 USD
=
FG9,665,251 GNF

Converted at USD/GNF wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

 
 

US Dollar to Guinean Franc - Quick Conversions

USD GNF
U$ 1 FG 9,665
U$ 5 FG 48,327
U$ 10 FG 96,653
U$ 20 FG 193,306
U$ 50 FG 483,265
U$ 100 FG 966,530
U$ 250 FG 2,416,325
U$ 500 FG 4,832,650
U$ 1,000 FG 9,665,300
U$ 2,000 FG 19,330,600
U$ 5,000 FG 48,326,500
U$ 10,000 FG 96,653,000
U$ 50,000 FG 483,265,000
U$ 100,000 FG 966,530,000
More amounts
USD GNF
U$ 0.0001 FG 1
U$ 0.0005 FG 5
U$ 0.0010 FG 10
U$ 0.0021 FG 20
U$ 0.0052 FG 50
U$ 0.0103 FG 100
U$ 0.0258 FG 250
U$ 0.0515 FG 500
U$ 0.1030 FG 1,000
U$ 0.2060 FG 2,000
U$ 0.5150 FG 5,000
U$ 1.0300 FG 10,000
U$ 5.1500 FG 50,000
U$ 10.30 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 exchange rate for foreign-transfers, which can be very different to the wholesale 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 in the below table.


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 the above 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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