Saturday, September 18, 2021

Money & Shopping in Guinea

AfricaGuineaMoney & Shopping in Guinea

Guinea may not have a lot of things to offer, but they do have some fantastic clothes. The tailors there are very talented and can design an outfit in a short amount of time (approximately a day). Many locations outside the large hotels in Conakry and along the roadway sell masks, wood sculptures, djembes (drums), traditional apparel, and bags produced in Guinea. Always negotiate, particularly if you’re not in a big hotel since rates are higher there. A decent rule of thumb is to half the starting price and walk away if the price does not drop down. Negotiations are intended to take a long time and are used to determine the “walk away” price for both the buyer and the seller.

Madina market is Conakry’s biggest market. Everything and everything may be found there. Pickpockets, mud (during the rainy season), and traffic should all be avoided. It’s a frantic and chaotic environment, but it’s where you’ll get the finest food, electronics, and other goods at the best rates. If you’re walking back to a parked vehicle or where you’re staying, you may hire a young kid to carry your goods for you. The fee is about GNF5,000 (EUR0.5 or USD0.7).

There are also some beautiful carvings in various areas of the nation, many of them are made in the city of Kindia.

Currency

Guinea’s currency is the Guinean franc (French: franc guinéen, ISO 4217 code: GNF). Inflation is widespread, and banknotes come in denominations of 500, 1,000, 5,000, 10,000, and 20,000.

ATMs

Since 2014, all Ecobank ATMs in Guinea accept Mastercard and Visa for cash withdrawals.