Convert Guinean Franc to Tanzanian Shilling
Please provide values below to convert Guinean Franc [GNF] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Guinean Franc.
How to Convert Guinean Franc to Tanzanian Shilling
1 GNF = 3.38317671555723 TZS
Example: convert 15 GNF to TZS:
15 GNF = 15 × 3.38317671555723 TZS = 50.7476507333584 TZS
Guinean Franc to Tanzanian Shilling Conversion Table
| Guinean Franc | Tanzanian Shilling |
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Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.