What is the currency of Guinea? 🔊
The currency of Guinea is the Guinean franc, abbreviated as "GNF." It serves as the official monetary unit in the West African nation of Guinea. The Guinean franc has experienced periods of significant inflation and economic challenges, leading to various denominations of both coins and banknotes. The Central Bank of the Republic of Guinea is responsible for issuing and managing the currency. Understanding the value and exchange rates of the Guinean franc is essential for economic activities and interactions, both for locals and international visitors engaging with Guinea.
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