5 DZD to GNF - Algerian Dinar to Guinean Franc Exchange Rate

دج
DZD - Algerian DinarDown Arrow
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GNF - Guinean FrancDown Arrow
Exchange Rate

DZD 5 = GNF 321.16385

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1 DZD = 64.23277 GNF | 1 GNF = 0.01557 DZD

Last Updated Feb 19, 0:0 IST

DZD 5 =GNF 321.16385

1 DZD = 64.23277 GNF
1 GNF = 0.01557 DZD
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Last Updated Feb 19, 0:0 IST
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Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.

1 DZD to GNF Exchange Rate Last 5 Days
Date
Guinean Franc Price
Feb 18, 2025
64.06950178205393
Feb 17, 2025
64.18410689765625
Feb 16, 2025
63.73015048995958
Feb 15, 2025
63.73015048995958
Feb 14, 2025
63.98684654498397

DZD to GNF Exchange Rate Chart

online1 DZD = 64.23277 GNF

  • 1 Week
  • 1 Month
  • 1 Year
Currency Information
DZD - Algerian Dinar
Our currency rankings show that the most popular Algerian Dinar exchange rate is the DZD to GNF rate. The currency code for Algerian Dinar is DZD. The currency symbol is دج.
More Algerian Dinar inforight-arrow
GNF - Guinean Franc
Our currency rankings show that the most popular Guinean Franc exchange rate is the GNF to DZD rate. The currency code for Guinean Franc is GNF. The currency symbol is FG.
More Guinean Franc inforight-arrow
1 Algerian Dinar to Guinean Franc stats
Last 30 Days
Last 90 Days
High
64.305
64.776
Low
63.106
63.106
Average
63.999
64.070
Volatility
0.42%
0.31%

How much is 5 DZD in Guinean Franc

The exchange value of 5 DZD in Guinean Franc is 321.164 GNF as on Feb 19.

How to check the exchange rate of 5 DZD to GNF with Paytm

You can check the exchange rate of 5 Algerian Dinar to Guinean Franc by using the Paytm currency exchange rate calculator.

All you need to do to see the exchange 5 DZD to GNF online is as follows:.

  • Navigate to the Paytm currency calculator page.
  • Enter the amount 5 in the Amount section and
  • Select the currency DZD - Algerian Dinar in the "From" section
  • Select GNF - Guinean Franc in "To" section
  • Finally, click "Convert" to see the 5 DZD to GNF conversion amount.

Methods to Convert (DZD) to Guinean Franc (GNF) Online

There are several online ways to convert DZD to GNF.

1. Online Banks

Most banks in India allow DZD to GNF conversion through their internet banking or mobile apps.

Steps to Convert DZD to GNF via Online Banking:

  1. Log in to your bank account.
  2. Select "Forex Services" or "Currency Exchange."
  3. Enter the DZD amount you want to convert.
  4. Check the exchange rate.
  5. Confirm and complete the transaction.

Pros:

  • Safe and secure.
  • Money gets credited directly to your account.
  • No hidden fees.

Cons:

  • Banks may offer lower exchange rates.
  • The process can take a few hours to a few days.

2. International Money Transfer Apps

Apps like Wise, PayPal, and Western Union allow DZD to GNF conversion quickly.

Steps to Convert DZD to GNF via international money transfer apps:

  1. Create an account in any app and log in.
  2. Enter the DZD amount you want to convert.
  3. Choose GNF as the receiving currency.
  4. Add the recipient‘s Indian bank details.
  5. Check the exchange rate and fees.
  6. Confirm and transfer.

Pros:

  • Better exchange rates than banks.
  • Fast transfers (few minutes to hours).
  • Small and transparent fees.

Cons:

  • Requires verification for large amounts.

3. Forex Cards

A Forex card is a prepaid card that holds multiple currencies, including DZD.

Steps to Convert DZD to GNF via Forex Card:

  1. Get a Forex card from a bank or travel agency.
  2. Load it with DZD before traveling.
  3. Use it at ATMs in India to withdraw GNF.
  4. The card automatically converts DZD to GNF at the time of withdrawal.

Pros:

  • Safer than carrying cash.
  • Good exchange rates.
  • Can be used multiple times.

Cons:

  • Some banks charge ATM withdrawal fees.
  • Limited to international travelers.

4. Cryptocurrency Exchanges

Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.

Steps to Convert DZD to GNF via Crypto:

  1. Buy Bitcoin (BTC) with DZD on a crypto exchange.
  2. Transfer the BTC to an Indian exchange.
  3. Sell it for GNF.
  4. Withdraw GNF to your bank account.

Pros:

  • Fast transactions.
  • Good for high amounts.
  • Some platforms offer zero fees.

Cons:

  • Cryptocurrency prices fluctuate.
  • May not be legal in all countries.

Places to Convert DZD to GNF Offline

There are several offline methods to exchange DZD to GNF. Let‘s explore them.

1. Banks

Banks offer currency exchange services at competitive rates. You need to visit a branch with your DZD cash and exchange it for GNF.

Steps to Exchange DZD to GNF at a Bank:

  1. Visit a bank branch that offers forex services.
  2. Carry your passport, visa, and ID proof (for foreigners).
  3. Fill out the currency exchange form.
  4. Hand over the DZD cash.
  5. Receive GNF in cash or your bank account.

Pros:

  • Safe and reliable.
  • Better exchange rates than airports.
  • Direct deposit option available.

Cons:

  • Limited working hours.
  • Requires documents for verification.

2. Currency Exchange Centers

Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline DZD to GNF conversion.

Steps to Exchange DZD to GNF at an Exchange Center:

  1. Visit a licensed money exchange center.
  2. Show your passport and ID proof.
  3. Provide the DZD cash for exchange.
  4. Receive GNF at the given exchange rate.

Pros:

  • Quick and easy.
  • Available in major cities and tourist areas.
  • Competitive exchange rates.

Cons:

  • Some centers charge extra service fees.
  • Not available in remote areas.

3. Airport Currency Exchange Counters

Airports have forex counters where travelers can exchange DZD to GNF.

Steps to Exchange DZD to GNF at an Airport:

  1. Locate the currency exchange counter at the airport.
  2. Show your passport and travel documents.
  3. Hand over DZD and receive GNF instantly.

Pros:

  • Convenient for travelers.
  • Open 24/7 in major airports.

Cons:

  • Higher exchange rates compared to banks.
  • Extra service fees.

4. Hotels and Travel Agencies

Some hotels and travel agencies offer currency exchange services for guests.

Steps to Exchange DZD to GNF at a Hotel or Travel Agency:

  1. Check if your hotel or travel agency provides forex services.
  2. Provide your passport and DZD cash.
  3. Receive GNF based on their exchange rate.

Pros:

  • Very convenient for travelers.
  • No need to visit a bank or forex center.

Cons:

  • Higher exchange rates.
  • Limited availability.

5. Local Money Changers

In busy markets and tourist spots, you may find local money changers who exchange DZD for GNF

Steps to Exchange DZD to GNF at a Local Money Changer:

  1. Find a trusted local money changer.
  2. Negotiate the exchange rate if possible.
  3. Provide DZD and receive GNF.

Pros:

  • Quick and easy.
  • Sometimes better rates than banks.

Cons:

  • Risk of fraud or counterfeit GNF.
  • No official receipt or record.

Documents Required for DZD to GNF Exchange

Most offline exchanges require identity proof. Here are the common documents needed:

Document TypeRequired For
PassportAll exchanges (mandatory for foreigners)

Always carry a valid ID when exchanging currency.

Tips to Get the Best Exchange Rate for converting DZD to GNF

  1. Compare Rates: Use online comparison tools to check the best DZD to GNF rates before converting.
  2. Avoid Weekends: Exchange rates are higher on weekends due to market closure.
  3. Use Low-Fee Platforms: Choose platforms like Wise or Forex cards to reduce extra charges.
  4. Avoid Airport Exchanges: Airport forex counters have the worst exchange rates.
  5. Convert Larger Amounts: Some platforms offer better rates for higher amounts.
  6. Negotiate: At local money changers, you may get a better rate if you negotiate.
  7. Check for Hidden Fees: Ask about service charges before exchanging.
  8. Verify the Notes: Always count your GNF and check for fake currency.
  9. Use Official Channels: Avoid unlicensed money changers to prevent scams.

Fees and Charges for converting DZD to GNF

MethodExchange RateTransfer FeeAvailabilitySpeed
Bank TransferLowLowLimited hours1-3 days
Any Third Party AppHighLow24/7Instant/Few minutes
Forex CardMediumLow24/7Instant
Crypto ExchangeHighLow24/7Few minutes
Exchange CentersGoodMediumWidely availableFew minutes
Airport CountersHighHigh24/7 at airportsFew minutes
Hotels/AgenciesVery HighMediumOnly for guestsFew minutes
Local Money ChangersVariesLowRisky but quickFew minutes

Benefits of DZD to GNF Conversion

Converting Algerian Dinar (DZD) to Guinean Franc (GNF) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:

1. Favorable Exchange Rates

DZD is a strong and widely traded currency. If the exchange rate is favorable, converting DZD to GNF can give you more value for your money.

2. Higher Purchasing Power in Guinea

Since 1 DZD equals a significantly higher amount in GNF, converting DZD to GNF increases your purchasing power, allowing you to afford more goods and services in Guinea.

3. Supports Travel and Expenses in Guinea

If you‘re an NRI, tourist, or returning from the Algeria, converting DZD to GNF ensures you have local currency for daily expenses, shopping, and travel within Guinea.

4. Investment Opportunities

Converting DZD to GNF can help you invest in Guinea assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Algeria markets.

5. Savings on Transaction Fees

Using a direct DZD to GNF conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.

6. Business and Trade Advantages

For businesses involved in international trade, converting DZD to GNF at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.

By choosing the right conversion method and timing, you can maximize the benefits of DZD to GNF exchange.

Frequently Asked Questions

FAQs

Can I convert DZD to GNF without a bank account?
Yes, you can use forex cards, international wallets, or cash exchanges.
How long does it take to convert DZD to GNF online?
It depends on the method: • Bank Transfers: 1-3 days • Wise & PayPal: A few minutes to hours • Crypto: A few minutes • Forex Cards: Instant at ATMs
Is it safe to convert DZD to GNF online?
Yes, but use trusted platforms like banks, Wise, or PayPal. Avoid unknown websites to prevent fraud.
Are there any hidden charges?
Always check for: • Transfer fees • Conversion charges • GST or other taxes • Bank charges (for wire transfers)
Can I exchange DZD to GNF without a passport?
Most licensed exchanges require a passport, especially for large amounts. Small amounts may be exchanged with an Aadhaar or PAN card.
How much DZD can I exchange at a time?
There is no strict limit, but heavy transactions may require extra documentation and approval from respective authorities.
Is it safe to exchange money at local money changers?
It can be risky. Always choose a trusted and licensed money changer to avoid scams.
Do banks offer the best exchange rates?
Banks usually offer better rates than airports and hotels, but money exchange centers might have even better deals.
What should I do if I receive fake GNF notes?
If you suspect fake notes, inform the exchange center immediately and report it to the local police if necessary.
What is the 5 Algerian Dinar (DZD) worth against the Guinean Franc?
5 DZD is worth 319.690 Guinean Franc today
What is the 50 Algerian Dinar (DZD) worth against the Guinean Franc?
50 DZD is worth 3196.901 Guinean Franc today
What is the 1 Algerian Dinar (DZD) worth against the Euro?
1 DZD is worth 0.007059854287651468 EUR today
What is the strongest currency in the world right now?
Despite being the most traded and powerful currency in the world, the US dollar may not be the most expensive. On the other hand, Kuwait's strong economy has made the Kuwaiti dinar (KWD) the world's most valuable currency. 1 KWD = $3.26.
What is the top 10 highest currency in the world?
Kuwaiti Dinar, Bahraini Dinar, Omani Rial, Jordanian Dinar, British Pound Sterling, Cayman Islands Dollar, European Euro, Swiss Franc, US Dollar, and Canadian Dollar are the top ten most valuable currencies in the world.
Which is the lowest currency in the world?
The Iranian Rial is the world's most affordable currency.

Source of the rates:apilayer.com

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