Guinean Franc

Guinean Franc

The Guinean franc (French: franc guinéen, ISO 4217 code: GNF) is the currency of Guinea. It is subdivided into one hundred centimes, but no centime denominations were ever issued.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

647 Guinean Franc to South African Rand exchange rates chart

647 GNF to ZAR exchange rates graph
647 GNF to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

647 GNF to ZAR exchange rates table

Exchange GNF to ZAR
647 Guinean Franc = 0.973 South African Rand
1294 Guinean Franc = 1.947 South African Rand
3235 Guinean Franc = 4.867 South African Rand
6470 Guinean Franc = 9.735 South African Rand
Exchange Guinean Franc to South African Rand
647 Guinean Franc to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

647 GNF to ZAR exchange rates news

Poor in Guinea, but Making a Living From Crisp New Banknotes
Poor in Guinea, but Making a Living From Crisp New Banknotes

The demand for crisp, clean Guinean francs for gift giving has provided jobs for young people in Conakry, who try to reel in customers wanting to trade in old bills.

about 2 years indicative positive
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive

647 GNF to ZAR currency converter