04/02/2021: Ending of Intervention Policy
Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.
01/01/2020: Transition to Polymer Banknotes
Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.
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.
19/09/2000: Referendum on Euro Membership
Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.
31/12/1998: Euro peg
Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.
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.
24/03/1982: Floating Exchange Rate
Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.
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.
21/07/1944: Bretton Woods Agreement
Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.
10/09/1927: Return to Gold Standard
Denmark abandoned the gold standard due to economic pressures and public debt.
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.
31/12/1872: Pegging to Gold Standard
The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
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.