Historic Guyanese dollar Australian dollar

Guyanese dollar australian dollar history for January 2024. The highest quote for this month is 0.007647 (17/01/2024) and the lowest 0.007609 (18/01/2024). The difference between high and low is 0.5.

GYD AUD average rate for January 2024 is 0.00746, the change between 01/01/2024 and 31/01/2024 is -3.74 %.

01 January 20241 GYD = 0.0073 AUD
02 January 20241 GYD = 0.0073 AUD
03 January 20241 GYD = 0.0074 AUD
04 January 20241 GYD = 0.0074 AUD
05 January 20241 GYD = 0.0075 AUD
06 January 20241 GYD = 0.0072 AUD
07 January 20241 GYD = 0.0072 AUD
08 January 20241 GYD = 0.0075 AUD
09 January 20241 GYD = 0.0074 AUD
10 January 20241 GYD = 0.0075 AUD
11 January 20241 GYD = 0.0075 AUD
12 January 20241 GYD = 0.0075 AUD
14 January 20241 GYD = 0.0072 AUD
15 January 20241 GYD = 0.0075 AUD
16 January 20241 GYD = 0.0075 AUD
17 January 20241 GYD = 0.0076 AUD
18 January 20241 GYD = 0.0076 AUD
19 January 20241 GYD = 0.0076 AUD
22 January 20241 GYD = 0.0076 AUD
23 January 20241 GYD = 0.0076 AUD
24 January 20241 GYD = 0.0076 AUD
25 January 20241 GYD = 0.0076 AUD
26 January 20241 GYD = 0.0076 AUD
28 January 20241 GYD = 0.0073 AUD
29 January 20241 GYD = 0.0076 AUD
30 January 20241 GYD = 0.0076 AUD
31 January 20241 GYD = 0.0076 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.