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Easily convert GNF to XOF with ConvertOnline's efficient tool.
The Guinean Franc (GNF) is the official currency of Guinea, a country located in West Africa. It is subdivided into 100 centimes and is issued by the Central Bank of the Republic of Guinea. The Franc plays a crucial role in facilitating trade, investment, and economic transactions within the nation and with its international partners.
The CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.