1 VEF to GNF Guinean Franc

December 20, 2022 by pkr_to_usd_786

1 VEF to GNF Guinean Franc
Venezuela Bolvar , The bolvar [boli.a] is the official currency of Venezuela. Named after the hero of Latin American independence Simn Bolvar, it was introduce … >>> Find out more from wikipedia. category >>> VEF

1 VEF to GNF Guinean Franc

1 Venezuelan Bolívar ( VEF ) = 0.0025212704637557 Guinean Franc (GNF)

1 VEF = 0.0025212704637557 GNF

1 GNF = 396.62543720533 VEF

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1 Venezuelan Bolívar ( VEF ) Is equal to 0.0025212704637557 Guinean Franc (GNF)
Venezuela Bolívar
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Venezuelan Bolívar

Venezuela Bolívar , The bolívar [boˈli.β̞aɾ] is the official currency of Venezuela. Named after the hero of Latin American independence Simón Bolívar, it was introduced following the monetary reform in 1879, before which the venezolano was circulating. Due to its decade-long reliance on silver and gold standards, and then on a peg to the United States dollar, it was considered among the most stable currencies and was internationally accepted until 1964, when the government decided to adopt a floating exchange rate instead. Since 1983, the currency has experienced a prolonged period of high inflation, losing value almost 500-fold against the US dollar in the process. The depreciation became manageable in mid-2000s, but it still stayed in double digits. It was then, on 1 January 2008, that the hard bolívar (bolívar fuerte in Spanish, sign: Bs.F, code: VEF) replaced the original bolívar (sign: Bs; code: VEB) at a rate of Bs.F 1 to Bs. 1,000 (the abbreviation Bs. is due to the first and the final letters of the plural form of the currency's name, bolívares). The value of the hard bolívar, pegged to the US dollar, did not stay stable for long despite attempts to institute capital controls. Venezuela entered another period of abnormally high inflation in 2012, which the country hasn't exited since. The central bank stuck to the pegged subsidised exchange rate until January 2018, which was overpriced so people began using parallel exchange rates despite a ban on publishing them. From 2016 to 2019 and again in 2020, the currency experienced hyperinflation for a total period of 38 months. The rampant inflation prompted two redenominations. The first occurred in August 2018, when Bs.F 100,000 were exchanged for 1 sovereign bolívar (bolívar soberano in Spanish, sign: Bs.S, code: VES), and another one happened on 1 October 2021, but called "Nueva expresión monetaria" or new monetary expression, which removes 6 zeros from the currency without affecting its denomination but did introduce a new ISO code [a] at a rate of Bs.S 1,000,000 = Bs.D 1, thus making Bs.D 1 worth Bs. 100,000,000,000,000 (1014, or Bs. 100 trillion in short scale) Both currencies are in circulation, though the economy has undergone extensive currency substitution, so the majority of transactions happen in US dollars, or, to a lesser extent, the Colombian peso. Find out more from wikipedia

Guinean Franc

Guinea Franc , What is Guinea Franc (GNF)? GNF is the abbreviation for Guinean franc, the national currency of the Republic of Guinea, a country in West Africa. The Republic of Guinea was formerly known as French Guinea. Today it is often referred to as Guinea-Conakry in reference to the name of its capital to distinguish it from neighboring Guinea-Bissau. As of May 2022, 1 US dollar is equal to approximately 8810 GNF. The GNF is actually the second franc used as the country's currency. Guinea was a French colony and gained independence in 1958. Previously, Guinea used the currency of the CFA franc, which was the currency of the French colonies in Africa from 1945 to 1958. In 1959, after Guinea's independence, the first Guyanese franc was issued as the national currency. It was then replaced by the Guinea Sally, which was used in the country from 1971 to 1985. In 1985, the second Guinean franc replaced the shilling at parity. Guinea's economy is rich in mineral resources, gold, high-quality iron ore and diamonds. In addition, it boasts the world's largest reserves of bauxite, one of the West African country's main exports. However, the country, which has a GDP of $12.3 billion, is experiencing stalled economic growth due to political instability. In addition, the Ebola virus slowed Guinea's economic growth in 2014 and 2015. However, the country's economy shrank by 2.4 percent in 2020 compared to 2019. The most recent year for which official figures are available. GNF and CFA francs Guinea used to be part of the franc territory of the former French colonies, and used the CFA franc as its official currency until independence. Many neighboring countries – a total of 14 West African countries, 12 of which are former French colonies – still use the CFA franc. Together they form the African financial community. The CFA was created in 1945 after World War II, to prevent currency devaluation in French colonies. Previously, currencies in French colonies were pegged to the French franc, which was devalued with the signing of Bretton Woods in 1944. When it was introduced in 1945, the exchange rate was 1 CFA to 1.70 French francs, and in 1948 it was changed from 1 CFA to 2 French francs. When France switched from the French franc to the euro, the currency maintained parity. The current fixed exchange rate of the CFA against the euro is 655.96 CFA francs to 1 euro.
Find out more from wikipedia

Convertion Chart VEF to GNF
VEF		GNF


5 VEF	=	0.0126 GNF
10 VEF	=	0.0252 GNF
15 VEF	=	0.0378 GNF
20 VEF	=	0.0504 GNF
25 VEF	=	0.063 GNF
30 VEF	=	0.0756 GNF
35 VEF	=	0.0882 GNF
40 VEF	=	0.1009 GNF
45 VEF	=	0.1135 GNF
50 VEF	=	0.1261 GNF
55 VEF	=	0.1387 GNF
60 VEF	=	0.1513 GNF
65 VEF	=	0.1639 GNF
70 VEF	=	0.1765 GNF
75 VEF	=	0.1891 GNF
80 VEF	=	0.2017 GNF
85 VEF	=	0.2143 GNF
90 VEF	=	0.2269 GNF
95 VEF	=	0.2395 GNF
100 VEF	=	0.2521 GNF
105 VEF	=	0.2647 GNF
110 VEF	=	0.2773 GNF
115 VEF	=	0.2899 GNF
120 VEF	=	0.3026 GNF
125 VEF	=	0.3152 GNF
130 VEF	=	0.3278 GNF
135 VEF	=	0.3404 GNF
140 VEF	=	0.353 GNF
145 VEF	=	0.3656 GNF
150 VEF	=	0.3782 GNF
155 VEF	=	0.3908 GNF
160 VEF	=	0.4034 GNF
165 VEF	=	0.416 GNF
170 VEF	=	0.4286 GNF
175 VEF	=	0.4412 GNF
180 VEF	=	0.4538 GNF
185 VEF	=	0.4664 GNF
190 VEF	=	0.479 GNF
195 VEF	=	0.4916 GNF
200 VEF	=	0.5043 GNF
205 VEF	=	0.5169 GNF
210 VEF	=	0.5295 GNF
215 VEF	=	0.5421 GNF
220 VEF	=	0.5547 GNF
225 VEF	=	0.5673 GNF
230 VEF	=	0.5799 GNF
235 VEF	=	0.5925 GNF
240 VEF	=	0.6051 GNF
245 VEF	=	0.6177 GNF
250 VEF	=	0.6303 GNF
255 VEF	=	0.6429 GNF
260 VEF	=	0.6555 GNF
265 VEF	=	0.6681 GNF
270 VEF	=	0.6807 GNF
275 VEF	=	0.6933 GNF
280 VEF	=	0.706 GNF
285 VEF	=	0.7186 GNF
290 VEF	=	0.7312 GNF
295 VEF	=	0.7438 GNF
300 VEF	=	0.7564 GNF
305 VEF	=	0.769 GNF
310 VEF	=	0.7816 GNF
315 VEF	=	0.7942 GNF
320 VEF	=	0.8068 GNF
325 VEF	=	0.8194 GNF
330 VEF	=	0.832 GNF
335 VEF	=	0.8446 GNF
340 VEF	=	0.8572 GNF
345 VEF	=	0.8698 GNF
350 VEF	=	0.8824 GNF
355 VEF	=	0.8951 GNF
360 VEF	=	0.9077 GNF
365 VEF	=	0.9203 GNF
370 VEF	=	0.9329 GNF
375 VEF	=	0.9455 GNF
380 VEF	=	0.9581 GNF
385 VEF	=	0.9707 GNF
390 VEF	=	0.9833 GNF
395 VEF	=	0.9959 GNF
400 VEF	=	1.0085 GNF
405 VEF	=	1.0211 GNF
410 VEF	=	1.0337 GNF
415 VEF	=	1.0463 GNF
420 VEF	=	1.0589 GNF
425 VEF	=	1.0715 GNF
430 VEF	=	1.0841 GNF
435 VEF	=	1.0968 GNF
440 VEF	=	1.1094 GNF
445 VEF	=	1.122 GNF
450 VEF	=	1.1346 GNF
455 VEF	=	1.1472 GNF
460 VEF	=	1.1598 GNF
465 VEF	=	1.1724 GNF
470 VEF	=	1.185 GNF
475 VEF	=	1.1976 GNF
480 VEF	=	1.2102 GNF
485 VEF	=	1.2228 GNF
490 VEF	=	1.2354 GNF
495 VEF	=	1.248 GNF
500 VEF	=	1.2606 GNF

Convertion Chart GNF to VEF
Guinean Franc		VEF


5 GNF	=	1983.1272 VEF
10 GNF	=	3966.2544 VEF
15 GNF	=	5949.3816 VEF
20 GNF	=	7932.5087 VEF
25 GNF	=	9915.6359 VEF
30 GNF	=	11898.7631 VEF
35 GNF	=	13881.8903 VEF
40 GNF	=	15865.0175 VEF
45 GNF	=	17848.1447 VEF
50 GNF	=	19831.2719 VEF
55 GNF	=	21814.399 VEF
60 GNF	=	23797.5262 VEF
65 GNF	=	25780.6534 VEF
70 GNF	=	27763.7806 VEF
75 GNF	=	29746.9078 VEF
80 GNF	=	31730.035 VEF
85 GNF	=	33713.1622 VEF
90 GNF	=	35696.2893 VEF
95 GNF	=	37679.4165 VEF
100 GNF	=	39662.5437 VEF
105 GNF	=	41645.6709 VEF
110 GNF	=	43628.7981 VEF
115 GNF	=	45611.9253 VEF
120 GNF	=	47595.0525 VEF
125 GNF	=	49578.1797 VEF
130 GNF	=	51561.3068 VEF
135 GNF	=	53544.434 VEF
140 GNF	=	55527.5612 VEF
145 GNF	=	57510.6884 VEF
150 GNF	=	59493.8156 VEF
155 GNF	=	61476.9428 VEF
160 GNF	=	63460.07 VEF
165 GNF	=	65443.1971 VEF
170 GNF	=	67426.3243 VEF
175 GNF	=	69409.4515 VEF
180 GNF	=	71392.5787 VEF
185 GNF	=	73375.7059 VEF
190 GNF	=	75358.8331 VEF
195 GNF	=	77341.9603 VEF
200 GNF	=	79325.0874 VEF
205 GNF	=	81308.2146 VEF
210 GNF	=	83291.3418 VEF
215 GNF	=	85274.469 VEF
220 GNF	=	87257.5962 VEF
225 GNF	=	89240.7234 VEF
230 GNF	=	91223.8506 VEF
235 GNF	=	93206.9777 VEF
240 GNF	=	95190.1049 VEF
245 GNF	=	97173.2321 VEF
250 GNF	=	99156.3593 VEF
255 GNF	=	101139.4865 VEF
260 GNF	=	103122.6137 VEF
265 GNF	=	105105.7409 VEF
270 GNF	=	107088.868 VEF
275 GNF	=	109071.9952 VEF
280 GNF	=	111055.1224 VEF
285 GNF	=	113038.2496 VEF
290 GNF	=	115021.3768 VEF
295 GNF	=	117004.504 VEF
300 GNF	=	118987.6312 VEF
305 GNF	=	120970.7583 VEF
310 GNF	=	122953.8855 VEF
315 GNF	=	124937.0127 VEF
320 GNF	=	126920.1399 VEF
325 GNF	=	128903.2671 VEF
330 GNF	=	130886.3943 VEF
335 GNF	=	132869.5215 VEF
340 GNF	=	134852.6486 VEF
345 GNF	=	136835.7758 VEF
350 GNF	=	138818.903 VEF
355 GNF	=	140802.0302 VEF
360 GNF	=	142785.1574 VEF
365 GNF	=	144768.2846 VEF
370 GNF	=	146751.4118 VEF
375 GNF	=	148734.539 VEF
380 GNF	=	150717.6661 VEF
385 GNF	=	152700.7933 VEF
390 GNF	=	154683.9205 VEF
395 GNF	=	156667.0477 VEF
400 GNF	=	158650.1749 VEF
405 GNF	=	160633.3021 VEF
410 GNF	=	162616.4293 VEF
415 GNF	=	164599.5564 VEF
420 GNF	=	166582.6836 VEF
425 GNF	=	168565.8108 VEF
430 GNF	=	170548.938 VEF
435 GNF	=	172532.0652 VEF
440 GNF	=	174515.1924 VEF
445 GNF	=	176498.3196 VEF
450 GNF	=	178481.4467 VEF
455 GNF	=	180464.5739 VEF
460 GNF	=	182447.7011 VEF
465 GNF	=	184430.8283 VEF
470 GNF	=	186413.9555 VEF
475 GNF	=	188397.0827 VEF
480 GNF	=	190380.2099 VEF
485 GNF	=	192363.337 VEF
490 GNF	=	194346.4642 VEF
495 GNF	=	196329.5914 VEF
500 GNF	=	198312.7186 VEF