Guyanese dollar south african rand exchange rate history (GYD ZAR) December 2023

Guyanese dollar south african rand history for December 2023. The highest quote for this month is 0.0955 (11/12/2023) and the lowest 0.0944 (11/12/2023). The difference between high and low is 1.15.

GYD ZAR average rate for December 2023 is 0.09196, the change between 01/12/2023 and 31/12/2023 is +2.02 %.

01 December 2023	1 GYD = 0.0942 ZAR
02 December 2023	1 GYD = 0.0895 ZAR
03 December 2023	1 GYD = 0.0895 ZAR
04 December 2023	1 GYD = 0.0929 ZAR
05 December 2023	1 GYD = 0.0939 ZAR
06 December 2023	1 GYD = 0.0948 ZAR
07 December 2023	1 GYD = 0.0948 ZAR
08 December 2023	1 GYD = 0.0940 ZAR
10 December 2023	1 GYD = 0.0911 ZAR
11 December 2023	1 GYD = 0.0943 ZAR
12 December 2023	1 GYD = 0.0952 ZAR
13 December 2023	1 GYD = 0.0946 ZAR
14 December 2023	1 GYD = 0.0933 ZAR
15 December 2023	1 GYD = 0.0915 ZAR
16 December 2023	1 GYD = 0.0882 ZAR
17 December 2023	1 GYD = 0.0882 ZAR
18 December 2023	1 GYD = 0.0908 ZAR
19 December 2023	1 GYD = 0.0929 ZAR
20 December 2023	1 GYD = 0.0916 ZAR
21 December 2023	1 GYD = 0.0912 ZAR
22 December 2023	1 GYD = 0.0907 ZAR
23 December 2023	1 GYD = 0.0885 ZAR
24 December 2023	1 GYD = 0.0885 ZAR
25 December 2023	1 GYD = 0.0922 ZAR
26 December 2023	1 GYD = 0.0921 ZAR
27 December 2023	1 GYD = 0.0930 ZAR
28 December 2023	1 GYD = 0.0916 ZAR
29 December 2023	1 GYD = 0.0923 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

01/01/2020: Transition to Polymer Banknotes

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

26/05/1966: Independence of Guyana

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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 Guyanese dollar South African rand