Historic Guinean franc Brazilian Real

Guinean franc brazilian real history for October 2023. The highest quote for this month is 0.000613 (06/10/2023) and the lowest 0.000606 (07/10/2023). The difference between high and low is 1.14.

GNF BRL average rate for October 2023 is 0.00059, the change between 01/10/2023 and 31/10/2023 is +0.67 %.

01 October 20231 GNF = 0.0006 BRL
02 October 20231 GNF = 0.0006 BRL
03 October 20231 GNF = 0.0006 BRL
04 October 20231 GNF = 0.0006 BRL
05 October 20231 GNF = 0.0006 BRL
06 October 20231 GNF = 0.0006 BRL
07 October 20231 GNF = 0.0006 BRL
09 October 20231 GNF = 0.0006 BRL
10 October 20231 GNF = 0.0006 BRL
11 October 20231 GNF = 0.0006 BRL
12 October 20231 GNF = 0.0006 BRL
13 October 20231 GNF = 0.0006 BRL
16 October 20231 GNF = 0.0006 BRL
17 October 20231 GNF = 0.0006 BRL
18 October 20231 GNF = 0.0006 BRL
19 October 20231 GNF = 0.0006 BRL
20 October 20231 GNF = 0.0006 BRL
21 October 20231 GNF = 0.0006 BRL
22 October 20231 GNF = 0.0006 BRL
23 October 20231 GNF = 0.0006 BRL
24 October 20231 GNF = 0.0006 BRL
25 October 20231 GNF = 0.0006 BRL
26 October 20231 GNF = 0.0006 BRL
27 October 20231 GNF = 0.0006 BRL
28 October 20231 GNF = 0.0006 BRL
29 October 20231 GNF = 0.0006 BRL
30 October 20231 GNF = 0.0006 BRL
31 October 20231 GNF = 0.0006 BRL

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.