Historic Guinean franc South African rand

Guinean franc south african rand history for January 2024. The highest quote for this month is 0.002252 (22/01/2024) and the lowest 0.002234 (22/01/2024). The difference between high and low is 0.8.

GNF ZAR average rate for January 2024 is 0.0022, the change between 01/01/2024 and 31/01/2024 is -2.9 %.

01 January 20241 GNF = 0.0021 ZAR
02 January 20241 GNF = 0.0021 ZAR
03 January 20241 GNF = 0.0022 ZAR
04 January 20241 GNF = 0.0022 ZAR
05 January 20241 GNF = 0.0022 ZAR
06 January 20241 GNF = 0.0022 ZAR
07 January 20241 GNF = 0.0022 ZAR
08 January 20241 GNF = 0.0022 ZAR
09 January 20241 GNF = 0.0022 ZAR
10 January 20241 GNF = 0.0022 ZAR
11 January 20241 GNF = 0.0022 ZAR
12 January 20241 GNF = 0.0022 ZAR
14 January 20241 GNF = 0.0022 ZAR
15 January 20241 GNF = 0.0022 ZAR
16 January 20241 GNF = 0.0022 ZAR
17 January 20241 GNF = 0.0022 ZAR
18 January 20241 GNF = 0.0022 ZAR
19 January 20241 GNF = 0.0022 ZAR
22 January 20241 GNF = 0.0022 ZAR
23 January 20241 GNF = 0.0022 ZAR
24 January 20241 GNF = 0.0022 ZAR
25 January 20241 GNF = 0.0022 ZAR
26 January 20241 GNF = 0.0022 ZAR
28 January 20241 GNF = 0.0022 ZAR
29 January 20241 GNF = 0.0022 ZAR
30 January 20241 GNF = 0.0022 ZAR
31 January 20241 GNF = 0.0022 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

30/11/1985: Devaluation of the Guinean franc

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

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

31/05/1971: Redenomination of the Guinean franc

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.
GNF ZAR January 2024
GNF ZAR February 2024
GNF ZAR March 2024
GNF ZAR April 2024
GNF ZAR May 2024
GNF ZAR June 2024
GNF ZAR July 2024
GNF ZAR August 2024
GNF ZAR September 2024
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GNF ZAR November 2024
GNF ZAR December 2024
GNF ZAR January 2025