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Guinean Franc
The Guinean franc (french: franc guinéen, ISO 4217 code: ''GNF'') is the currency of Guinea. It is subdivided into one hundred ''centimes'', but no centime denominations were ever issued. History First Guinean franc The first Guinean franc was introduced in 1959 to replace the CFA franc. There were 1, 5, 10 and 25 francs coins (made of aluminium bronze) with banknotes (dated 1958) in 50, 100, 500, 1000, 5000 and 10,000 francs denominations. A second series of banknotes dated 1er MARS 1960 was issued on 1 March 1963, without the 10,000 francs. This series was printed without imprint by Thomas De La Rue, and includes more colors, enhanced embossing, and improved security features. A new issue of coins in 1962 was made of cupronickel. In 1971, the franc was replaced by syli at a rate of 1 syli = 10 francs. Second Guinean franc The Guinean franc was reintroduced as Guinea's currency in 1985, at par with the syli. The coins came in denominations of 1, 5 and 10 francs made of bras ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centime
Centime (from la, centesimus) is French for " cent", and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland, Algeria, Belgium, Morocco and France). In France, the usage of ''centime'' goes back to the introduction of the decimal monetary system under Napoleon. This system aimed at replacing non-decimal fractions of older coins. A five-centime coin was known as a ''sou'', i.e. a solidus or shilling. In Francophone Canada of a Canadian dollar is officially known as a ''cent'' (pronounced /sɛnt/) in both English and French. However, in practice, the form of ''cenne'' (pronounced /sɛn/) has completely replaced the official ''cent''. Spoken and written use of the official form ''cent'' in Francophone Canada is exceptionally uncommon. In the Canadian French vernacular ''sou'', ''sou noir'' (' means "black" in French), ''cenne'', and ''cenne noire'' are all widely known, used, and accepted monikers when referring to e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of The Republic Of Guinea
The Central Bank of the Republic of Guinea (french: Banque Centrale de la République de Guinée, BCRG) is the central bank of Guinea. The headquarters of the bank is located in the capital city of Conakry. The current governor is Dr Karamo Kaba. History The bank was established on 1 March 1960.Thomas O'Toole, ''Historical Dictionary of Guinea'', Scarecrow Press, 1978, p. 8-9 Ousmane Baldé was president of the bank in the 1960s before his execution in 1971. In 1972 President Touré took over governorship of the Bank, formally attaching it to the Presidency. Governors Activities The Bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico. See also * Economy of Guinea * Guinean franc * List of central banks of Afri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: * Table A.1 – ''Current currency & funds code list'' * Table A.2 – ''Current funds codes'' * Table A.3 – ''List of codes for historic denominations of currencies & funds'' The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of translated c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guinea
Guinea ( ),, fuf, 𞤘𞤭𞤲𞤫, italic=no, Gine, wo, Gine, nqo, ߖߌ߬ߣߍ߫, bm, Gine officially the Republic of Guinea (french: République de Guinée), is a coastal country in West Africa. It borders the Atlantic Ocean to the west, Guinea-Bissau to the northwest, Senegal to the north, Mali to the northeast, Cote d'Ivoire to the southeast, and Sierra Leone and Liberia to the south. It is sometimes referred to as Guinea-Conakry after its capital Conakry, to distinguish it from other territories in the eponymous region such as Guinea-Bissau and Equatorial Guinea. It has a population of million and an area of . Formerly French Guinea, it achieved independence in 1958. It has a history of military coups d'état.Nicholas Bariyo & Benoit FauconMilitary Faction Stages Coup in Mineral-Rich Guinea ''Wall Street Journal'' (September 5, 2021).Krista LarsonEXPLAINER: Why is history repeating itself in Guinea's coup? Associated Press (September 7, 2021).Danielle PaquettH ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFA Franc
The CFA franc (french: franc CFA, , Franc of the Financial Community of Africa, originally Franc of the French Colonies in Africa, or colloquially ; abbreviation: F.CFA) is the name of two currencies, the West African CFA franc, used in eight West African countries, and the Central African CFA franc, used in six Central African countries. Although separate, the two CFA franc currencies have always been at parity and are effectively interchangeable. The ISO currency codes are XAF for the Central African CFA franc and XOF for the West African CFA franc. On 22 December 2019, it was announced that the West African currency would be reformed and replaced by an independent currency to be called Eco. Both CFA francs have a fixed exchange rate to the euro: 100 CFA francs = 1 French franc = €0.152449; or €1 = F 6.55957 = F.CFA 655.957 exactly. Usage CFA francs are used in fourteen countries: twelve nations formerly ruled by France in West and Central Africa (excludin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluminium Bronze
Aluminium bronze is a type of bronze in which aluminium is the main alloying metal added to copper, in contrast to standard bronze (copper and tin) or brass (copper and zinc). A variety of aluminium bronzes of differing compositions have found industrial use, with most ranging from 5% to 11% aluminium by weight, the remaining mass being copper; other alloying agents such as iron, nickel, manganese, and silicon are also sometimes added to aluminium bronzes. Compositions The following table lists the most common standard aluminium bronze wrought alloy compositions, by ISO 428 designations. The percentages show the proportional composition of the alloy by weight. Copper is the remainder by weight and is not listed: Material properties Aluminium bronzes are most valued for their higher strength and corrosion resistance as compared to other bronze alloys. These alloys are tarnish-resistant and show low rates of corrosion in atmospheric conditions, low oxidation rates at high temp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cupronickel
Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimum of 52 percent nickel.) Despite its high copper content, cupronickel is silver in colour. Cupronickel is highly resistant to corrosion by salt water, and is therefore used for piping, heat exchangers and condensers in seawater systems, as well as for marine hardware. It is sometimes used for the propellers, propeller shafts, and hulls of high-quality boats. Other uses include military equipment and chemical, petrochemical, and electrical industries. Another common 20th-century use of cupronickel was silver-coloured coins. For this use, the typical alloy has 3:1 copper to nickel ratio, with very small amounts of manganese. In the past, true silver coins were debased with cupronickel, such as coins of the pound sterling from 1947 onwar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guinean Syli
The syli was the currency of Guinea between 1971 and 1985. It was subdivided into 100 cauris. The Maninkakan word ''syli'' means "elephant", while '' cauri'' refers to the shells formerly used as currency. The syli replaced the Guinean franc at a rate of 1 syli = 10 francs. Coins of 50 cauris, 1, 2 and 5 sylis were made of aluminium Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. I .... Banknotes of the 1971 series were issued in denominations of 10, 25, 50 and 100 sylis. A second series of banknotes was issued in 1980, this time in different colours and with four additional denominations – 1, 2, 5 and 500 sylis notes. The syli was replaced by the ''franc guinéen'' in 1985 at par. Banknotes References Guineaat Infotech 2003 Currencies of Africa Modern obsolete curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Centrale De La République De Guinée
The Central Bank of the Republic of Guinea (french: Banque Centrale de la République de Guinée, BCRG) is the central bank of Guinea. The headquarters of the bank is located in the capital city of Conakry. The current governor is Dr Karamo Kaba. History The bank was established on 1 March 1960.Thomas O'Toole, ''Historical Dictionary of Guinea'', Scarecrow Press, 1978, p. 8-9 Ousmane Baldé was president of the bank in the 1960s before his execution in 1971. In 1972 President Touré took over governorship of the Bank, formally attaching it to the Presidency. Governors Activities The Bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico. See also * Economy of Guinea * Guinean franc * List of central banks of Afri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coat Of Arms Of Guinea ...
The present coat of arms of or national seal of Guinea was adopted in 1993. Features The Guinean coat of arms features a dove with a golden olive branch in its beak over a ribbon with "Work justice solidarity". The arms formerly also included a crossed sword and rifle. A former coat of arms in 1958 features a red and green shield with a yellow elephant on it. History File:Coat of arms of Guinea 1958-1984.svg, 1958-1984 File:Coat of arms of Guinea 1984-1992.svg, 1984-1993 File:Coat of arms of Guinea.svg, 1993-2011 References External links Coat of arms of Guinea in the Flags of the World website {{DEFAULTSORT:Coat Of Arms Of Guinea National symbols of Guinea Guinea Guinea Guinea Guinea Guinea ( ),, fuf, 𞤘𞤭𞤲𞤫, italic=no, Gine, wo, Gine, nqo, ߖߌ߬ߣߍ߫, bm, Gine officially the Republic of Guinea (french: République de Guinée), is a coastal country in West Africa. It borders the Atlantic Ocean to the we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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