Historic Guinean franc Australian dollar

Guinean franc australian dollar history for February 2024. The highest quote for this month is 0.000182 (13/02/2024) and the lowest 0.000181 (03/02/2024). The difference between high and low is 0.55.

GNF AUD average rate for February 2024 is 0.00018, the change between 01/02/2024 and 29/02/2024 is -1.12 %.

01 February 20241 GNF = 0.0002 AUD
02 February 20241 GNF = 0.0002 AUD
03 February 20241 GNF = 0.0002 AUD
04 February 20241 GNF = 0.0002 AUD
05 February 20241 GNF = 0.0002 AUD
06 February 20241 GNF = 0.0002 AUD
07 February 20241 GNF = 0.0002 AUD
08 February 20241 GNF = 0.0002 AUD
09 February 20241 GNF = 0.0002 AUD
12 February 20241 GNF = 0.0002 AUD
13 February 20241 GNF = 0.0002 AUD
14 February 20241 GNF = 0.0002 AUD
15 February 20241 GNF = 0.0002 AUD
16 February 20241 GNF = 0.0002 AUD
17 February 20241 GNF = 0.0002 AUD
18 February 20241 GNF = 0.0002 AUD
19 February 20241 GNF = 0.0002 AUD
20 February 20241 GNF = 0.0002 AUD
21 February 20241 GNF = 0.0002 AUD
22 February 20241 GNF = 0.0002 AUD
23 February 20241 GNF = 0.0002 AUD
24 February 20241 GNF = 0.0002 AUD
25 February 20241 GNF = 0.0002 AUD
26 February 20241 GNF = 0.0002 AUD
27 February 20241 GNF = 0.0002 AUD
28 February 20241 GNF = 0.0002 AUD
29 February 20241 GNF = 0.0002 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

30/11/1985: Devaluation of the Guinean franc

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

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

31/05/1971: Redenomination of the Guinean franc

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

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.
GNF AUD July 2023
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GNF AUD January 2024
GNF AUD February 2024
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