The Guinean currency is still struggling to hold up against major foreign currencies such as the Euro, the dollar and the FCFA. For some time now, inflation has been on the rise

Guinea's currency swings according to circumstances. Inflation is rising and food prices are exploding. 1 EUR = 11.945 GNF while 1 USD = 9.890 GNF. On the informal currency market, 1 euro varies between 11,500 and 12,000. According to the Central Bank, the main drivers of inflation are: “the rise in the cost of maritime transport, the adjustment cost associated with the implementation of the one-stop shop for foreign trade operations, travel restrictions, road infrastructure, border closure and unrest related to election deadlines.” But for some economists, the causes would be poor governance, printing money, and extrabudgetary spending