GNF (FG)

Currency: Guinean Franc

The Guinean franc is the official currency of Guinea. It is subdivided into 100 centimes. The franc was introduced in 1959, replacing the Guinean syli. The Guinean Franc is the official currency of Guinea. It was introduced in 1985, replacing the Syli. The currency is issued by the Central Bank of the Republic of Guinea and is subdivided into 100 centimes. The franc has been subject to high inflation, and the government has had to issue new banknotes in higher denominations to keep up with the rising cost of living. Despite this, the franc remains an important currency in the region.