Convert Guinean Franc to Turkish Lira
Please provide values below to convert Guinean Franc [GNF] to Turkish Lira [TRY], or Convert Turkish Lira to Guinean Franc.
How to Convert Guinean Franc to Turkish Lira
1 GNF = 215.010477068893 TRY
Example: convert 15 GNF to TRY:
15 GNF = 15 × 215.010477068893 TRY = 3225.1571560334 TRY
Guinean Franc to Turkish Lira Conversion Table
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.