Guyanese Dollar Wiki
The Guyanese dollar (currency sign: $, G$ and GY$; ISO: GYD) has been the unit of account in Guyana (formerly British Guiana) since 29 January 1839. Originally it was intended as a transitional unit to facilitate the changeover from the Dutch guilder system of currency to the British pound sterling system. The Spanish dollar was already prevalent throughout the West Indies in general, and from 1839, the Spanish dollar unit operated in British Guiana in conjunction with British sterling coins at a standard conversion rate of one dollar for every four shillings and twopence. In 1951 the British sterling coinage was replaced with a new decimal coinage which was simultaneously introduced through all the British territories in the Eastern Caribbean. When sterling began to depreciate in the early 1970s, a switch to a US dollar peg became increasingly attractive as an anti-inflationary measure and the Eastern Caribbean Currency Authority (of which Guyana was a member) made the switch in October 1975. The Guyanese dollar is normally abbreviated with the dollar sign $, or alternatively G$ to distinguish it from other dollar-denominated currencies. With currencyconverts.com you can convert Guyanese Dollar (G$) to any other foreign currency. To convert a certain amount of Guyanese Dollar use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Guyanese Dollar is calculated from mid-market real price and updates daily. Usually people search for GYD exchange rate before business travel to Guyana, or during trip to other countries and want to check rate of Guyanese Dollar in local money. On this page you can convert Guyanese Dollar to main foreign currencies, get fast access to most used amounts of GYD or aether calculate any amount of Guyanese Dollar in other fiat money.