Brazilian Real guyanese dollar exchange rate history (BRL GYD) October 2023

Brazilian Real guyanese dollar history for October 2023. The highest quote for this month is 41.47 (28/10/2023) and the lowest 41.482 (29/10/2023). The difference between high and low is -0.03.

BRL GYD average rate for October 2023 is 39.88561, the change between 01/10/2023 and 31/10/2023 is +4.29 %.

01 October 2023	1 BRL = 41.33 GYD
02 October 2023	1 BRL = 39.70 GYD
03 October 2023	1 BRL = 39.48 GYD
04 October 2023	1 BRL = 38.72 GYD
05 October 2023	1 BRL = 38.69 GYD
06 October 2023	1 BRL = 38.56 GYD
07 October 2023	1 BRL = 40.47 GYD
09 October 2023	1 BRL = 38.64 GYD
10 October 2023	1 BRL = 38.92 GYD
11 October 2023	1 BRL = 39.57 GYD
12 October 2023	1 BRL = 39.63 GYD
13 October 2023	1 BRL = 39.60 GYD
16 October 2023	1 BRL = 39.58 GYD
17 October 2023	1 BRL = 39.66 GYD
18 October 2023	1 BRL = 39.66 GYD
19 October 2023	1 BRL = 39.56 GYD
20 October 2023	1 BRL = 39.79 GYD
21 October 2023	1 BRL = 41.40 GYD
22 October 2023	1 BRL = 41.39 GYD
23 October 2023	1 BRL = 39.68 GYD
24 October 2023	1 BRL = 39.88 GYD
25 October 2023	1 BRL = 40.04 GYD
26 October 2023	1 BRL = 40.00 GYD
27 October 2023	1 BRL = 40.07 GYD
28 October 2023	1 BRL = 41.47 GYD
29 October 2023	1 BRL = 41.48 GYD
30 October 2023	1 BRL = 40.28 GYD
31 October 2023	1 BRL = 39.56 GYD

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.

Historic Brazilian Real Guyanese dollar