GNF/USD
Market Open
12 Jun, 11:19
$
0. 000115
+0.000002
+1.7453%
$
2 Volume
$ 0.000113
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GNFUSD Overview
GNFUSD denotes the exchange rate of the Guinean franc (GNF) expressed against the United States dollar (USD), showing the value of one unit of GNF in terms of USD. It reflects how many US dollars are needed to buy a single Guinean franc and is used to quote transactions between the two currencies.
The Guinean franc is the official currency of the Republic of Guinea in West Africa. Banknotes and coins are issued and regulated by the Central Bank of the Republic of Guinea (Banque Centrale de la République de Guinée, BCRG), which is responsible for monetary policy and currency stability in the country.
The United States dollar is the legal tender of the United States of America and serves as a primary global reserve and settlement currency. The Federal Reserve System (the Fed) issues and manages US monetary policy, influencing the dollar’s supply, interest rates, and international role.
The GNFUSD rate is set by market forces of supply and demand and is influenced by interest-rate differentials, inflation trends, central bank actions, balance-of-payments dynamics, commodity prices, and geopolitical developments. Capital flows, trade volumes, and policy signals from the BCRG and the Fed also help determine short- and long-term movements.
For market participants, GNFUSD matters for cross-border trade, remittances, risk management, and speculative strategies, offering exposure to Guinea’s economic conditions and currency policy.
The Guinean franc is the official currency of the Republic of Guinea in West Africa. Banknotes and coins are issued and regulated by the Central Bank of the Republic of Guinea (Banque Centrale de la République de Guinée, BCRG), which is responsible for monetary policy and currency stability in the country.
The United States dollar is the legal tender of the United States of America and serves as a primary global reserve and settlement currency. The Federal Reserve System (the Fed) issues and manages US monetary policy, influencing the dollar’s supply, interest rates, and international role.
The GNFUSD rate is set by market forces of supply and demand and is influenced by interest-rate differentials, inflation trends, central bank actions, balance-of-payments dynamics, commodity prices, and geopolitical developments. Capital flows, trade volumes, and policy signals from the BCRG and the Fed also help determine short- and long-term movements.
For market participants, GNFUSD matters for cross-border trade, remittances, risk management, and speculative strategies, offering exposure to Guinea’s economic conditions and currency policy.
GNFUSD Chart
GNFUSD FAQ
What is the current GNF/USD price?
The current rate is $0.000115, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the GNF/USD rate changed today?
The rate has changed by +0.000002 (+1.7453%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was $0.000113, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is GNF/USD moving up or down?
Movements in GNF/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.7453%) is based on the difference between the current rate and the previous closing rate.
Is GNF/USD trending up or down right now?
If the current rate ($0.000115) is above the previous close ($0.000113), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for GNF/USD directly on this page.
