29/06/2020: Introduction of New Banknotes
Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.
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.
14/10/2000: ECOWAS Intervention
ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.
19/07/1997: Liberian Dollar Depreciation
The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.
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.
26/01/1982: Liberian Civil War Begins
The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian 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.
23/03/1907: Liberian Dollar Pegged to US Dollar
The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.
10/07/1849: Introduction of Liberian Dollar
The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.
26/07/1847: Liberian Independence
Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
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.