Convert Guinean Franc to Albanian Lek
Please provide values below to convert Guinean Franc [GNF] to Albanian Lek [ALL], or Convert Albanian Lek to Guinean Franc.
How to Convert Guinean Franc to Albanian Lek
1 GNF = 104.263309043687 ALL
Example: convert 15 GNF to ALL:
15 GNF = 15 × 104.263309043687 ALL = 1563.9496356553 ALL
Guinean Franc to Albanian Lek Conversion Table
| Guinean Franc | Albanian Lek |
|---|
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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.