Historic Guyanese dollar Australian dollar

Guyanese dollar australian dollar history for February 2024. The highest quote for this month is 0.007748 (13/02/2024) and the lowest 0.007701 (14/02/2024). The difference between high and low is 0.61.

GYD AUD average rate for February 2024 is 0.00759, the change between 01/02/2024 and 29/02/2024 is -1.07 %.

01 February 20241 GYD = 0.0076 AUD
02 February 20241 GYD = 0.0076 AUD
03 February 20241 GYD = 0.0074 AUD
04 February 20241 GYD = 0.0074 AUD
05 February 20241 GYD = 0.0076 AUD
06 February 20241 GYD = 0.0077 AUD
07 February 20241 GYD = 0.0077 AUD
08 February 20241 GYD = 0.0077 AUD
09 February 20241 GYD = 0.0077 AUD
12 February 20241 GYD = 0.0077 AUD
13 February 20241 GYD = 0.0077 AUD
14 February 20241 GYD = 0.0078 AUD
15 February 20241 GYD = 0.0077 AUD
16 February 20241 GYD = 0.0077 AUD
17 February 20241 GYD = 0.0073 AUD
18 February 20241 GYD = 0.0073 AUD
19 February 20241 GYD = 0.0076 AUD
20 February 20241 GYD = 0.0077 AUD
21 February 20241 GYD = 0.0076 AUD
22 February 20241 GYD = 0.0076 AUD
23 February 20241 GYD = 0.0076 AUD
24 February 20241 GYD = 0.0073 AUD
25 February 20241 GYD = 0.0073 AUD
26 February 20241 GYD = 0.0076 AUD
27 February 20241 GYD = 0.0076 AUD
28 February 20241 GYD = 0.0076 AUD
29 February 20241 GYD = 0.0077 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

01/01/2020: Transition to Polymer Banknotes

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

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US 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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

26/05/1966: Independence of Guyana

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

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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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