Historic Guinean franc Australian dollar

Guinean franc australian dollar history for October 2023. The highest quote for this month is 0.000187 (21/10/2023) and the lowest 0.000187 (21/10/2023). The difference between high and low is 0.

GNF AUD average rate for October 2023 is 0.00018, the change between 01/10/2023 and 31/10/2023 is -0.55 %.

01 October 20231 GNF = 0.0002 AUD
02 October 20231 GNF = 0.0002 AUD
03 October 20231 GNF = 0.0002 AUD
04 October 20231 GNF = 0.0002 AUD
05 October 20231 GNF = 0.0002 AUD
06 October 20231 GNF = 0.0002 AUD
07 October 20231 GNF = 0.0002 AUD
09 October 20231 GNF = 0.0002 AUD
10 October 20231 GNF = 0.0002 AUD
11 October 20231 GNF = 0.0002 AUD
12 October 20231 GNF = 0.0002 AUD
13 October 20231 GNF = 0.0002 AUD
16 October 20231 GNF = 0.0002 AUD
17 October 20231 GNF = 0.0002 AUD
18 October 20231 GNF = 0.0002 AUD
19 October 20231 GNF = 0.0002 AUD
20 October 20231 GNF = 0.0002 AUD
21 October 20231 GNF = 0.0002 AUD
22 October 20231 GNF = 0.0002 AUD
23 October 20231 GNF = 0.0002 AUD
24 October 20231 GNF = 0.0002 AUD
25 October 20231 GNF = 0.0002 AUD
26 October 20231 GNF = 0.0002 AUD
27 October 20231 GNF = 0.0002 AUD
28 October 20231 GNF = 0.0002 AUD
29 October 20231 GNF = 0.0002 AUD
30 October 20231 GNF = 0.0002 AUD
31 October 20231 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.
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