COP to GNF
Currency conversion rates from COP to GNF
|1 COP||1 GNF|
|5 COP||5 GNF|
|10 COP||10 GNF|
|20 COP||20 GNF|
|50 COP||50 GNF|
|100 COP||100 GNF|
|250 COP||250 GNF|
|500 COP||500 GNF|
|1000 COP||1000 GNF|
|2000 COP||2000 GNF|
|5000 COP||5000 GNF|
|10000 COP||10000 GNF|
|1 GNF||1 COP|
|5 GNF||5 COP|
|10 GNF||10 COP|
|20 GNF||20 COP|
|50 GNF||50 COP|
|100 GNF||100 COP|
|250 GNF||250 COP|
|500 GNF||500 COP|
|1000 GNF||1000 COP|
|2000 GNF||2000 COP|
|5000 GNF||5000 COP|
|10000 GNF||10000 COP|
COP - Colombian Peso ($)
The Colombian peso is the official currency of Colombia. It is most commonly exchanged with the US dollar (USD). The currency code for the peso is COP. The peso’s official symbol is $. For clarity, the currency code is sometimes abbreviated as COL$. Peso means ‘weight’ or ‘pound’ in Spanish, after the British pound. Colombians may refer to the peso colloquially as ‘plata’, meaning silver; ‘billete’, meaning ticket; ‘biyuyo’; ‘lucas’; or ‘marmaja’.
The Colombian Peso (COP) has been the official currency of Colombia since 1837. The symbol used for the Peso is $. Banknotes are issued by the Banco de la Republica. A subdivision of the Peso is the centavo; 1 peso = 100 centavos.
The Colombian Peso is the currency in Colombia (Columbia, CO, COL). The symbol for COP can be written Col$. The Colombian Peso is divided into 100 centavos. The exchange rate for the Colombian Peso was last updated on Today from The International Monetary Fund. The COP conversion factor has 6 significant digits.
- Colombia has a free-market economy.
- The country exports petroleum, cut flowers, nickel, coal, emeralds, bananas, and coffee.
- The main import products are consumer goods, fuel, paper, chemicals, coffee, and apparel.
- The unemployment rate is 11.2%.
- Colombia has been showing positive growth over the last three years.
- The service industry accounts for 52.7% of the total GDP.
- The first was Peso was issued in 1837, replacing the Real at a rate of 8 Reales = 1 Peso.
- In 1847, the currency was decimalized and 1 Peso = 10 Reales.
- In 1871, Colombia became part of the gold standard and the country pegged the peso to the French Franc at 5 French Francs = 1 Peso.
- After 1888, the Peso started to depreciate, due to increased printing costs.
- From 1907 to 1914 Peso coins were issued at a fixed rate of 1 coinage Peso = 100 Pesos Moneda Corriente.
- In 1915, the new Peso Oro paper currency was introduced replacing old paper Pesos, also at the rate of 1 Peso Oro = 100 old Pesos.
- In 1931, Colombia changed its peg to the US Dollar at 1 USD = 1.05 Pesos.
- In 1993, the word Oro was removed and the currency is now known as the Peso.
- The Colombian government is debating whether to reintroduce a new Peso that is worth 1,000 old Pesos.
GNF - Guinean Franc (GNF)
The Guinea Franc is the official currency of Guinea, a country located in West Africa. It is divided into eight administrative regions and subdivided into thirty-three prefectures. Conakry is the capital, largest city and economic center. Other major cities include Labe, Nzérékoré, Kankan, Kindia, Mamou, Boke, and Guéckédou.
The Guinean Franc is the currency in Guinea (GN, GIN). The Guinean Franc is also known as Franc Guineen. The symbol for GNF can be written FG. The exchange rate for the Guinean Franc was last updated on May 24, 2019 from Yahoo Finance. The GNF conversion factor has 5 significant digits.
- Guinea has abundant natural resources, including 25% or more of the world's known reserves of bauxite, more than 4 million tons of high grade iron ore, significant diamond and gold deposits, and undetermined reserves of uranium. Bauxite and aluminum are currently the only major exports.
- The country has great potential for hydroelectric power.
- Other industries include processing plants for beer, juices, beverages and snuff.
- Under French rule, Guinea was a major exporter of bananas, pineapples, coffee, peanuts and palm oil. Agriculture still employs 80% of the workforce in the country.
- Guinea has considerable potential for growth in its agricultural and fisheries sectors. Soil conditions, water and climate provide opportunities for large-scale irrigated agriculture and agribusiness. Investment opportunities and commercial activities exist in all these areas, but Guinea's poorly developed infrastructure and rampant corruption present obstacles to investment projects on a large scale.
- The first Guinea Franc was introduced in 1959 to replace the CFA Franc BCEAO. The Guinea Franc denominations included 1, 5, 10 and 25 coins (aluminum bronze) with banknotes in 50, 100, 500, 1000, 5000 and 10,000 franc denominations.
- These denominations have been maintained, with the addition of a 50 franc coin (1994) and phasing out of the corresponding 50 franc note.