Historic Guyanese dollar Australian dollar

Guyanese dollar australian dollar history for November 2023. The highest quote for this month is 0.007921 (01/11/2023) and the lowest 0.00786 (10/11/2023). The difference between high and low is 0.77.

GYD AUD average rate for November 2023 is 0.00766, the change between 01/11/2023 and 30/11/2023 is +4.34 %.

01 November 20231 GYD = 0.0079 AUD
02 November 20231 GYD = 0.0078 AUD
03 November 20231 GYD = 0.0078 AUD
06 November 20231 GYD = 0.0077 AUD
07 November 20231 GYD = 0.0077 AUD
08 November 20231 GYD = 0.0078 AUD
09 November 20231 GYD = 0.0078 AUD
10 November 20231 GYD = 0.0079 AUD
12 November 20231 GYD = 0.0076 AUD
13 November 20231 GYD = 0.0079 AUD
14 November 20231 GYD = 0.0078 AUD
15 November 20231 GYD = 0.0076 AUD
16 November 20231 GYD = 0.0077 AUD
17 November 20231 GYD = 0.0077 AUD
18 November 20231 GYD = 0.0074 AUD
19 November 20231 GYD = 0.0074 AUD
20 November 20231 GYD = 0.0077 AUD
21 November 20231 GYD = 0.0076 AUD
22 November 20231 GYD = 0.0076 AUD
23 November 20231 GYD = 0.0076 AUD
24 November 20231 GYD = 0.0076 AUD
26 November 20231 GYD = 0.0073 AUD
27 November 20231 GYD = 0.0076 AUD
28 November 20231 GYD = 0.0076 AUD
29 November 20231 GYD = 0.0075 AUD
30 November 20231 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.