Guinean Franc in Liberian 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.

LRD Liberian Dollar

Country of application:
Liberia

Coin denominations in circulation:
5, 10, 25, 50 cents, 1 dollar.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 500 dollars.

History reference:
The Liberian dollar is the national currency of the Republic of Liberia. For the first time, the Liberian dollar appeared in the form of coins, it was after the declaration of independence of Liberia..., in 1847. Ten years later, the first banknotes appeared, in 1880 their issue was discontinued, coins were minted until 1906. All the while, the US dollar continued to play the role of a parallel legal tender. In 1907, it was replaced by the pound sterling and then the West African pound. During the civil war of 1989-1996, there were actually two zones of monetary circulation: one controlled by the government and the rebels. The rebels used banknotes issued before the start of the war