Catalog
1000 Francs
| Issuer | Banque Centrale de la République de Guinée |
|---|---|
| Year | 2006 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#40 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Banque Centrale de la République de Guinée. Mille Francs Guinéens. Tout contrefacteur sera puni par la loi en vigueur. 2006 |
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| Reverse lettering | Mille Francs Guinéens. 1000 |
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| Comments |
Guinea's 2006 note issue came during a period of severe economic deterioration under Lansana Conté, whose government was financing budget deficits largely through central bank money creation. Inflation was running above 30 percent annually by mid-decade, meaning a 1000-franc note had already lost much of its purchasing power before it reached the counter.
P#40 belongs to a series that saw multiple reprints with minimal design changes — distinguishing issue years requires checking the date printed on the note itself, as the series ran through the late Conté period and into the transitional governments that followed his death in December 2008.