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Date Pick# Denomination Observations Obverse Reverse
1971 17 25 Sylis  
1971 18 50 Sylis  
1980 23 10 Sylis  
1980 24 25 Sylis  
1985 30 100 Francs  
1985 31 500 Francs  
1985 32 1000 Francs  
1998 35 100 Francs  
1998 36 500 Francs  
1998 38 5000 Francs  

The history of the currency of Guinea
Guinea first introduced its own currency the franc in 1959 at par with the CFA franc. In 1960 Guinea withdrew from the franc zone and the Guinean franc became the only legal tender. In 1971 the Guinean Franc was replaced by the syli, at a rate of one syli is equal to ten francs. The Guinean franc was reintroduced as Guinea's currency in 1985, at par with the syli, however national currency was also devalued at the time of the introduction of the new franc.

The Guinean francís ISO 4217 code is GNF and the franc is divided into 100 centimes. Prices are no longer expressed using centimes due to their low value. Banknotes are currently issued by Banque Centrale de la Republique de Guinea. Current banknotes come in denominations of 100, 500, 1000 and 5000 francs, the old 25 and 50 franc notes remain legal tender but have been replaced by coins due to their low value. Coins come in denominations of 1, 5, 10, 25 and 50 francs.

Page created:     27 September 2006
Last Update:      11 November 2006

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