Guyanese dollar

The Guyanese dollar is the currency of Guyana (GY)
1 GYD = 0.007 AUD
1 AUD = 137.446 GYD
1 GYD = 6.077 ARS
1 ARS = 0.165 GYD
1 GYD = 14.216 BIF
1 BIF = 0.070 GYD
1 GYD = 0.002 BHD
1 BHD = 556.729 GYD
1 GYD = 0.033 BOB
1 BOB = 30.299 GYD
1 GYD = 0.008 AZN
1 AZN = 123.135 GYD
1 GYD = 0.413 BTN
1 BTN = 2.420 GYD
1 GYD = 2.413 CRC
1 CRC = 0.414 GYD
1 GYD = 0.100 CZK
1 CZK = 10.004 GYD
1 GYD = 0.034 CNY
1 CNY = 29.203 GYD
1 GYD = 0.030 DKK
1 DKK = 32.904 GYD
1 GYD = 0.658 ETB
1 ETB = 1.520 GYD
1 GYD = 41.483 GNF
1 GNF = 0.024 GYD
1 GYD = 0.031 HRK
1 HRK = 32.597 GYD
1 GYD = 78.122 IDR
1 IDR = 0.013 GYD
1 GYD = 0.763 JMD
1 JMD = 1.310 GYD
1 GYD = 0.417 KGS
1 KGS = 2.397 GYD
1 GYD = 0.008 BAM
1 BAM = 125.573 GYD
1 GYD = 0.009 ANG
1 ANG = 116.204 GYD
1 GYD = 0.066 BWP
1 BWP = 15.179 GYD
1 GYD = 0.006 BND
1 BND = 163.411 GYD
1 GYD = 13.900 CDF
1 CDF = 0.072 GYD
1 GYD = 0.010 BZD
1 BZD = 104.046 GYD
1 GYD = 156.442 BYR
1 BYR = 0.006 GYD
1 GYD = 0.008 BGN
1 BGN = 125.573 GYD
1 GYD = 0.007 CAD
1 CAD = 152.863 GYD
1 GYD = 0.619 DZD
1 DZD = 1.616 GYD
1 GYD = 0.072 ERN
1 ERN = 13.955 GYD
1 GYD = 0.235 EGP
1 EGP = 4.264 GYD
1 GYD = 0.011 FJD
1 FJD = 93.318 GYD
1 GYD = 0.004 GBP
1 GBP = 281.323 GYD
1 GYD = 0.004 FKP
1 FKP = 281.323 GYD
1 GYD = 0.037 GTQ
1 GTQ = 27.277 GYD
1 GYD = 0.037 HKD
1 HKD = 26.667 GYD
1 GYD = 1.615 HUF
1 HUF = 0.619 GYD
1 GYD = 6.259 IQD
1 IQD = 0.160 GYD
1 GYD = 200.995 IRR
1 IRR = 0.005 GYD
1 GYD = 2.003 KMF
1 KMF = 0.499 GYD
1 GYD = 6.602 KRW
1 KRW = 0.151 GYD
1 GYD = 0.397 ALL
1 ALL = 2.518 GYD
1 GYD = 0.584 BDT
1 BDT = 1.714 GYD
1 GYD = 0.009 AWG
1 AWG = 116.944 GYD
1 GYD = 0.026 BRL
1 BRL = 37.806 GYD
1 GYD = 0.000 BCH
1 BCH = 112907.228 GYD
1 GYD = 0.000 BTC
1 BTC = 23258888.889 GYD
1 GYD = 0.018 AED
1 AED = 56.999 GYD
1 GYD = 4.373 AOA
1 AOA = 0.229 GYD
1 GYD = 0.005 BSD
1 BSD = 209.330 GYD
1 GYD = 4.573 CLP
1 CLP = 0.219 GYD
1 GYD = 0.016 BYN
1 BYN = 63.921 GYD
1 GYD = 19.548 COP
1 COP = 0.051 GYD
1 GYD = 0.115 CUP
1 CUP = 8.725 GYD
1 GYD = 0.000 ETH
1 ETH = 772435.424 GYD
1 GYD = 0.004 EUR
1 EUR = 245.606 GYD
1 GYD = 0.125 HNL
1 HNL = 7.991 GYD
1 GYD = 0.346 GMD
1 GMD = 2.890 GYD
1 GYD = 0.004 GIP
1 GIP = 281.323 GYD
1 GYD = 0.627 HTG
1 HTG = 1.594 GYD
1 GYD = 0.003 JOD
1 JOD = 295.247 GYD
1 GYD = 0.705 JPY
1 JPY = 1.418 GYD
1 GYD = 0.328 AFN
1 AFN = 3.046 GYD
1 GYD = 0.010 BBD
1 BBD = 104.665 GYD
1 GYD = 0.005 BMD
1 BMD = 209.330 GYD
1 GYD = 1.830 AMD
1 AMD = 0.546 GYD
1 GYD = 0.004 CHF
1 CHF = 262.845 GYD
1 GYD = 0.850 DJF
1 DJF = 1.176 GYD
1 GYD = 0.290 DOP
1 DOP = 3.453 GYD
1 GYD = 0.449 CVE
1 CVE = 2.227 GYD
1 GYD = 0.013 GEL
1 GEL = 77.315 GYD
1 GYD = 0.050 GHS
1 GHS = 20.035 GYD
1 GYD = 1.000 GYD
1 GYD = 1.000 GYD
1 GYD = 0.016 ILS
1 ILS = 62.379 GYD
1 GYD = 0.413 INR
1 INR = 2.420 GYD
1 GYD = 0.579 ISK
1 ISK = 1.727 GYD
1 GYD = 19.178 KHR
1 KHR = 0.052 GYD
1 GYD = 0.617 KES
1 KES = 1.620 GYD
1 GYD = 0.001 KWD
1 KWD = 685.653 GYD
1 GYD = 2.604 KZT
1 KZT = 0.384 GYD
1 GYD = 1.442 LKR
1 LKR = 0.694 GYD
1 GYD = 0.043 MAD
1 MAD = 23.251 GYD
1 GYD = 10.028 MMK
1 MMK = 0.100 GYD
1 GYD = 17.143 MNT
1 MNT = 0.058 GYD
1 GYD = 0.217 MUR
1 MUR = 4.612 GYD
1 GYD = 1.904 MRO
1 MRO = 0.525 GYD
1 GYD = 0.074 MVR
1 MVR = 13.556 GYD
1 GYD = 8.285 MWK
1 MWK = 0.121 GYD
1 GYD = 0.008 NZD
1 NZD = 125.905 GYD
1 GYD = 0.661 NPR
1 NPR = 1.512 GYD
1 GYD = 0.273 PHP
1 PHP = 3.663 GYD
1 GYD = 1.356 PKR
1 PKR = 0.738 GYD
1 GYD = 6.901 RWF
1 RWF = 0.145 GYD
1 GYD = 0.000 LTC
1 LTC = 23811.853 GYD
1 GYD = 0.089 MXN
1 MXN = 11.274 GYD
1 GYD = 0.176 NIO
1 NIO = 5.689 GYD
1 GYD = 0.021 RON
1 RON = 48.438 GYD
1 GYD = 4.299 KPW
1 KPW = 0.233 GYD
1 GYD = 0.004 KYD
1 KYD = 251.714 GYD
1 GYD = 428.406 LBP
1 LBP = 0.002 GYD
1 GYD = 0.026 LYD
1 LYD = 38.744 GYD
1 GYD = 102.917 LAK
1 LAK = 0.010 GYD
1 GYD = 21.095 MGA
1 MGA = 0.047 GYD
1 GYD = 0.958 LRD
1 LRD = 1.044 GYD
1 GYD = 0.251 MKD
1 MKD = 3.990 GYD
1 GYD = 0.085 LSL
1 LSL = 11.783 GYD
1 GYD = 0.039 MOP
1 MOP = 25.891 GYD
1 GYD = 0.081 MDL
1 MDL = 12.418 GYD
1 GYD = 0.085 NAD
1 NAD = 11.783 GYD
1 GYD = 0.020 MYR
1 MYR = 49.587 GYD
1 GYD = 0.002 OMR
1 OMR = 543.757 GYD
1 GYD = 7.314 NGN
1 NGN = 0.137 GYD
1 GYD = 0.020 PGK
1 PGK = 50.417 GYD
1 GYD = 0.005 PAB
1 PAB = 209.330 GYD
1 GYD = 0.017 PEN
1 PEN = 59.128 GYD
1 GYD = 0.048 NOK
1 NOK = 20.626 GYD
1 GYD = 0.017 PLN
1 PLN = 57.776 GYD
1 GYD = 36.973 PYG
1 PYG = 0.027 GYD
1 GYD = 0.017 QAR
1 QAR = 57.508 GYD
1 GYD = 0.041 SBD
1 SBD = 24.628 GYD
1 GYD = 0.018 SAR
1 SAR = 55.821 GYD
1 GYD = 0.006 SGD
1 SGD = 163.411 GYD
1 GYD = 108.399 SLL
1 SLL = 0.009 GYD
1 GYD = 0.155 THB
1 THB = 6.459 GYD
1 GYD = 0.141 TWD
1 TWD = 7.103 GYD
1 GYD = 0.200 UAH
1 UAH = 5.010 GYD
1 GYD = 17.128 UGX
1 UGX = 0.058 GYD
1 GYD = 0.176 SRD
1 SRD = 5.692 GYD
1 GYD = 100.514 STD
1 STD = 0.010 GYD
1 GYD = 0.194 TRY
1 TRY = 5.164 GYD
1 GYD = 0.032 TTD
1 TTD = 30.794 GYD
1 GYD = 0.011 TOP
1 TOP = 87.097 GYD
1 GYD = 60.521 UZS
1 UZS = 0.017 GYD
1 GYD = 1.151 YER
1 YER = 0.869 GYD
1 GYD = 0.085 ZAR
1 ZAR = 11.783 GYD
1 GYD = 0.477 RSD
1 RSD = 2.096 GYD
1 GYD = 0.379 RUB
1 RUB = 2.637 GYD
1 GYD = 2.727 SOS
1 SOS = 0.367 GYD
1 GYD = 0.042 SVC
1 SVC = 23.923 GYD
1 GYD = 62.114 SYP
1 SYP = 0.016 GYD
1 GYD = 0.085 SZL
1 SZL = 11.783 GYD
1 GYD = 0.014 TND
1 TND = 72.889 GYD
1 GYD = 0.191 UYU
1 UYU = 5.223 GYD
1 GYD = 124.958 VND
1 VND = 0.008 GYD
1 GYD = 0.570 VUV
1 VUV = 1.753 GYD
1 GYD = 0.013 WST
1 WST = 76.426 GYD
1 GYD = 2.671 XAF
1 XAF = 0.374 GYD
1 GYD = 0.013 XCD
1 XCD = 77.321 GYD
1 GYD = 0.068 SCR
1 SCR = 14.645 GYD
1 GYD = 0.045 SEK
1 SEK = 21.979 GYD
1 GYD = 0.004 SHP
1 SHP = 281.323 GYD
1 GYD = 12.278 TZS
1 TZS = 0.081 GYD
1 GYD = 0.005 USD
1 USD = 209.330 GYD
1 GYD = 0.486 XPF
1 XPF = 2.058 GYD
1 GYD = 2.671 XOF
1 XOF = 0.374 GYD

Evolution of the GYD Exchange Rate

The Guyanese dollar (GYD) has experienced a relatively stable exchange rate over the years. Since its introduction in 1839, the GYD has undergone various evolutions due to economic and political factors. It initially had a fixed exchange rate with the British pound, but was later pegged to the US dollar at a rate of GYD 1 = USD 2.80. In 1991, the GYD was devalued to a rate of GYD 1 = USD 140, signaling a shift in the economic policy of Guyana. Since then, the GYD has maintained a floating exchange rate regime, with its value determined by market forces.

Variations in the GYD Exchange Rate

The GYD exchange rate has experienced fluctuations over time. Several factors contribute to these variations, including changes in global commodity prices, inflation rates, foreign investments, and political stability. The GYD has generally depreciated against major currencies like the US dollar and British pound. However, there have been periods of appreciation as well, especially during favorable economic conditions and increased foreign direct investment in Guyana.

Significance of GYD in the Global Economy

The Guyanese dollar has limited significance in the global economy due to Guyana's relatively small size and its dependency on primary industries such as mining, agriculture, and forestry. However, the recent discovery of significant oil reserves in Guyana could potentially boost the importance of the GYD in the global economy, as increased oil production and exports may attract international investors and strengthen the currency's role in trade transactions.

Shocks Experienced by GYD and Correlation with Other Currencies

The GYD has been vulnerable to external shocks, such as changes in commodity prices and global economic trends. For example, a decline in commodity prices, particularly for Guyana's major exports like sugar, rice, gold, and bauxite, can negatively impact the GYD exchange rate. Additionally, political instability, natural disasters, and changes in government policies can also influence the GYD's value. The GYD has shown a strong correlation with major currencies, especially the US dollar and British pound, due to historical ties and trade relationships. Changes in the value of these currencies often have a direct impact on the GYD exchange rate. The GYD also has some correlation with other regional currencies within the Caribbean Community (CARICOM) due to trade flows and economic integration among member countries.