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| Currency |
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Guinea Franc (GNF) = 100 centimes. Notes are in denominations of GNF5000, 1000 and 500. Coins are in denominations of GNF25,
10, 5 and 1.
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| Currency exchange |
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Hotels will accept some foreign currencies in payment. Inter-bank fund transfers are frequently difficult, if not impossible,
to accomplish.
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| Credit & debit cards |
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Limited acceptance. Guinea has a cash economy. ATMs are not available.
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| Traveller's cheques |
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To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Euros. These
are only accepted in some banks and hotels.
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| Currency restrictions |
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It is possible to import up to GNF1000 providing you have a valid export declaration for that amount. Import of foreign currency
is unlimited, provided declared on arrival; export is limited to the amount declared on arrival. Note: It is compulsory to exchange a certain amount of foreign currency. The amount depends on the length of stay specified in
the visa, and is at the discretion of the immigration authorities. Unused currency can sometimes be re-exchanged – again at
the discretion of the authorities. Travellers are advised to check that the amounts exchanged have been entered correctly
onto the declaration form.
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| Exchange rate indicators |
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| Date |
Jul 06 |
| £1.00= |
GNF9,194.30 |
| $1.00= |
GNF5,050.70 |
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| Banking hours |
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Mon-Fri 0800-1230 and 1430-1700.
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