Convert Guinean Franc to Swiss Franc
Please provide values below to convert Guinean Franc [GNF] to Swiss Franc [CHF], or Convert Swiss Franc to Guinean Franc.
How to Convert Guinean Franc to Swiss Franc
1 GNF = 10938.7019750912 CHF
Example: convert 15 GNF to CHF:
15 GNF = 15 × 10938.7019750912 CHF = 164080.529626368 CHF
Guinean Franc to Swiss Franc Conversion Table
Guinean Franc | Swiss Franc |
---|
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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.