Home pages - full list (A-Z)

Foreign Exchange Guide to French Guinea

This currency guide to French Guinea helps you choose the best way to save money on USD transfers and travel money.    [EUR/USD=1.1154]

 
French Guinea
Country Code:
GF
Domestic Currency:
Euro
Symbol - Code:
€ EUR
Telephone Prefix:
+594

This is a foreign exchange guide to French Guinea, the Euro currency plus sending EUR transfers and travel tips.


In this French Guinea currency guide we take a look at :

  1. Euro info - general info about the Euro
  2. Euro in the markets - recent EUR moves and predictions from the FX markets
  3. Travelling in French Guinea - currency & money saving tips
  4. Buying Euro cash online - travel money for French Guinea
  5. Sending money to French Guinea - save on Euro bank transfers to French Guinea
  6. Euro exchange rates - latest & historic exchange rates.
  7. EUR News - the latest Euro related articles from our blog.

Euro (EUR) general currency information


What is the Euro currency code and symbol?

The three letter currency code for the Euro is EUR and the symbol is .


Which countries use the Euro?

It is the domestic currency in Eurozone, Aaland Islands, Andorra, Austria, Belgium, Cyprus, Estonia, Finland, France, French Guinea, French Southern Territories, Germany, Greece, Guadeloupe, Vatican City, Ireland, Italy, Luxembourg, Malta, Martinique, Mayotte, Monaco, Montenegro, Netherlands, Portugal, Reunion, Saint Barthélemy, Saint Martin, Saint Pierre And Miquelon, San Marino, Slovakia, Slovenia and Spain.

The euro (ISO: EUR) is involved in slightly more than 30% of all foreign exchange deals, and as such, is the world’s second most traded currency, behind the US dollar.

The euro is the currency of the eurozone (officially called the ‘euro area’), which consists of 19 of the 28 member states of the European Union, and is used by almost 350 million Europeans. It was introduced in January 1999.

Of all the thousands of exchange rates that exist in the world, the euro-to-US dollar exchange rate is the most actively traded, or most ‘liquid’.

Since its introduction, the euro’s lowest value against the dollar came in October 2000 when EUR/USD hit lows of 0.8231. The currency was strongest in July 2008, shortly before the worst stage of the 2007-2009 financial crisis, when EUR/USD reached 1.6038.

There are currently more than twenty nations and territories which peg their currencies to the euro, the largest of which is Denmark.


Euro (EUR) in the markets

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

For more details read the full article Euro Forecasts.

The interactive chart below shows the EUR to USD exchange rate and trend for the previous 3 months:

At 1.1154 EUR/USD is trading above its 90 day average 1.1072 with period range 1.0899 to 1.128. There are currently no alerts. Updated: 09:26-AEDT 23:26-BST 18:26-EDT

Travel, Currency and Money saving tips for French Guinea

 

Travel money for French Guinea

 

Save money and time by Ordering your Euro online from Travelex, you get better rates and can pick up the EUR 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 Euro otherwise you may get much worst exchange rates.

   

French Guinea Trip Checklist    

 
  1. Compare EUR travel cash rates - probably why you are here!
  2. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to French Guinea

When searching around for information on how to get a good exchange rate when sending money to French Guinea you need to start with finding out the latest Euro 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 French Guinea

When sending money to French 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 Euro 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 EUR amount will be transfered to the recipient account you specify in French Guinea.

Use our Send to EUR 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 Euro deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to French Guinea

Compare Transfer Rates

 

EUR/USD - Euro to United States Dollar - Historical Rates

PeriodChange*EUR/USDDate
1 Day+0.4%1.112517 Oct 2019
7 Day+1.2%1.103911 Oct 2019
30 Day+1.3%1.102918 Sep 2019
3 Month-0.5%1.122820 Jul 2019
1 Year-2.5%1.145418 Oct 2018
5 Year-12.4%1.274719 Oct 2014
10 Year-25.2%1.492820 Oct 2009

*For period to 18-Oct 21UTC when EUR/USD was 1.1170

EUR/GBP - Euro to British Pound Sterling - 10 Year History

PeriodChange*EUR/GBPDate
1 Day-0.5%0.864817 Oct 2019
7 Day-1.4%0.873011 Oct 2019
30 Day-2.7%0.884518 Sep 2019
3 Month-4.2%0.898120 Jul 2019
1 Year-2.2%0.879818 Oct 2018
5 Year+8.6%0.792319 Oct 2014
10 Year-5.5%0.910820 Oct 2009

*For period to 18-Oct 21UTC when EUR/GBP was 0.8605

EUR/AUD - Euro to Australian Dollar - Historical Rates

PeriodChange*EUR/AUDDate
7 Day+0.3%1.625111 Oct 2019
30 Day+0.8%1.616518 Sep 2019
3 Month+2.2%1.594620 Jul 2019
1 Year+1%1.614218 Oct 2018
5 Year+12%1.455519 Oct 2014
10 Year+0.9%1.615820 Oct 2009

*For period to 18-Oct 21UTC when EUR/AUD was 1.6296

Country Guides - Full List (A-Z)

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
Y
Z