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GNF to EUR - Guinean Franc to Euro Converter

Convert Guinean Franc to Euro with daily ECB exchange rates

1 GNF = ~0.000096 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

GNF to EUR estimates reflect liquidity in Guinea's market and euro-area policy. For quick budgeting, use live quotes from trusted providers.

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✈️ Travel budgeting💼 Trade invoicing💸 Remittance planning

Common GNF - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include Guinea's monetary policy and inflation, European Central Bank actions, bilateral trade balances with Europe, political stability, and global risk sentiment. Liquidity and market access also shape spreads and execution costs.

Economic Context

Trading Relationship

Guinea imports many goods from Europe while exporting mining outputs to global markets. The EUR exposure affects import costs and mining revenue. Flows between West Africa and Europe shape currency stability and payments within the financial system.

Key Rate Factors

  • •Guinea central bank policy and liquidity management
  • •Inflation differentials between Guinea and the Eurozone
  • •Trade balance with Europe (imports vs exports of minerals)
  • •Political stability and governance
  • •Global risk sentiment and safe-haven flows

Central Banks

Banque Centrale de la République de Guinée
Conakry, Guinée
Guinea's central bank. Sets monetary policy, issues the Guinean franc, and supervises the banking system.
European Central Bank
Frankfurt, Allemagne
The euro area central bank. Sets monetary policy for the eurozone and aims to maintain price stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates