United States dollar guinean franc history for July 2023. The highest quote for this month is 8555 (05/07/2023) and the lowest 8522.14 (25/07/2023). The difference between high and low is 0.38.
USD GNF average rate for July 2023 is 8535.81, the change between 01/07/2023 and 31/07/2023 is +0.35 %.
| 05 July 2023 | 1 USD = 8517.73 GNF |
| 25 July 2023 | 1 USD = 8601.50 GNF |
| 31 July 2023 | 1 USD = 8488.20 GNF |
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.
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.
30/11/1985: 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.