Guinean Franc in Jamaican Dollar

GNF Guinean Franc

Country of application:
Guinea

Coin denominations in circulation:
1, 5, 10, 25, 50 Guinean francs.

Denominations of banknotes in circulation:
100, 500, 1000, 2000, 5000, 10000, 20,000 Guinean francs.

History reference:
The Guinean franc GNF (324) is the currency of the state of Guinea. ISO 4217 code - GNF. The Guinean franc was introduced on March 1, 1960 instead of the CFA franc (the first reform), the exchange wa...s carried out at a ratio of 1: 1 from March 1 to March 15, 1960. Due to the appearance of a large number of counterfeit banknotes in the period from March 10 to March 14, 1963, banknotes were exchanged for banknotes of a new sample (second reform). On October 2, 1972, a new monetary unit was introduced - the Guinean sili (third reform). From April 16 to April 29, 1981, banknotes were exchanged for banknotes of a new type (fourth reform), the exchange was carried out within the limits of 20 thousand forces per worker. On January 6, 1986, instead of force, the Guinean franc was reintroduced (fifth reform), the exchange of force for francs was carried out 1: 1 in the period from January 6 to January 28, 1986.

JMD Jamaican Dollar

Country of application:
Jamaica

Coin denominations in circulation:
1, 5, 10, 20 dollars.

Denominations of banknotes in circulation:
50, 100, 500, 1000 dollars.

History reference:
The Jamaican dollar is the national currency of Jamaica. Until 1840, the British pound, Spanish reals and local coins circulated in Jamaica. Then the Jamaican pound was introduced, which in 1914 was ...equated to the pound sterling, and from 1955 to the West Indian dollars. The earliest money in Jamaica were Spanish copper coins called maravedi. This is due to the fact that for almost four hundred years, Spanish dollars, known as pieces of eight, were widely used on world trade routes, including the Caribbean region. However, after the revolutionary wars in Latin America, the source of these silver trade coins dried up. The last Spanish dollar was minted at the Potosi Mint in 1825. The United Kingdom adopted a very successful gold standard in 1821, so 1825 was the right time. to introduce the coinage of British sterling in all British colonies.