Historic Guyanese dollar South African rand

Guyanese dollar south african rand history for February 2024. The highest quote for this month is 0.0968 (26/02/2024) and the lowest 0.09625 (26/02/2024). The difference between high and low is 0.57.

GYD ZAR average rate for February 2024 is 0.09403, the change between 01/02/2024 and 29/02/2024 is -3.47 %.

01 February 20241 GYD = 0.0932 ZAR
02 February 20241 GYD = 0.0928 ZAR
03 February 20241 GYD = 0.0909 ZAR
04 February 20241 GYD = 0.0908 ZAR
05 February 20241 GYD = 0.0935 ZAR
06 February 20241 GYD = 0.0952 ZAR
07 February 20241 GYD = 0.0941 ZAR
08 February 20241 GYD = 0.0944 ZAR
09 February 20241 GYD = 0.0948 ZAR
12 February 20241 GYD = 0.0949 ZAR
13 February 20241 GYD = 0.0945 ZAR
14 February 20241 GYD = 0.0954 ZAR
15 February 20241 GYD = 0.0951 ZAR
16 February 20241 GYD = 0.0947 ZAR
17 February 20241 GYD = 0.0905 ZAR
18 February 20241 GYD = 0.0905 ZAR
19 February 20241 GYD = 0.0942 ZAR
20 February 20241 GYD = 0.0947 ZAR
21 February 20241 GYD = 0.0946 ZAR
22 February 20241 GYD = 0.0944 ZAR
23 February 20241 GYD = 0.0956 ZAR
24 February 20241 GYD = 0.0927 ZAR
25 February 20241 GYD = 0.0928 ZAR
26 February 20241 GYD = 0.0966 ZAR
27 February 20241 GYD = 0.0961 ZAR
28 February 20241 GYD = 0.0954 ZAR
29 February 20241 GYD = 0.0965 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.
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