Historic Guyanese dollar South African rand

Guyanese dollar south african rand history for January 2024. The highest quote for this month is 0.09594 (22/01/2024) and the lowest 0.09499 (22/01/2024). The difference between high and low is 0.99.

GYD ZAR average rate for January 2024 is 0.09306, the change between 01/01/2024 and 31/01/2024 is -3.1 %.

01 January 20241 GYD = 0.0910 ZAR
02 January 20241 GYD = 0.0911 ZAR
03 January 20241 GYD = 0.0927 ZAR
04 January 20241 GYD = 0.0934 ZAR
05 January 20241 GYD = 0.0934 ZAR
06 January 20241 GYD = 0.0898 ZAR
07 January 20241 GYD = 0.0898 ZAR
08 January 20241 GYD = 0.0936 ZAR
09 January 20241 GYD = 0.0928 ZAR
10 January 20241 GYD = 0.0932 ZAR
11 January 20241 GYD = 0.0931 ZAR
12 January 20241 GYD = 0.0932 ZAR
14 January 20241 GYD = 0.0893 ZAR
15 January 20241 GYD = 0.0931 ZAR
16 January 20241 GYD = 0.0932 ZAR
17 January 20241 GYD = 0.0946 ZAR
18 January 20241 GYD = 0.0953 ZAR
19 January 20241 GYD = 0.0945 ZAR
22 January 20241 GYD = 0.0950 ZAR
23 January 20241 GYD = 0.0959 ZAR
24 January 20241 GYD = 0.0945 ZAR
25 January 20241 GYD = 0.0943 ZAR
26 January 20241 GYD = 0.0943 ZAR
28 January 20241 GYD = 0.0902 ZAR
29 January 20241 GYD = 0.0937 ZAR
30 January 20241 GYD = 0.0939 ZAR
31 January 20241 GYD = 0.0938 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.
GYD ZAR June 2023
GYD ZAR July 2023
GYD ZAR August 2023
GYD ZAR September 2023
GYD ZAR October 2023
GYD ZAR November 2023
GYD ZAR December 2023
GYD ZAR January 2024
GYD ZAR February 2024
GYD ZAR March 2024
GYD ZAR April 2024
GYD ZAR May 2024
GYD ZAR June 2024