Historic Guyanese dollar Danish Krone

Guyanese dollar danish krone history for August 2023. The highest quote for this month is 0.034545 (29/08/2023) and the lowest 0.034464 (24/08/2023). The difference between high and low is 0.23.

GYD DKK average rate for August 2023 is 0.03405, the change between 01/08/2023 and 31/08/2023 is -0.61 %.

01 August 20231 GYD = 0.0338 DKK
02 August 20231 GYD = 0.0338 DKK
03 August 20231 GYD = 0.0340 DKK
04 August 20231 GYD = 0.0340 DKK
07 August 20231 GYD = 0.0341 DKK
08 August 20231 GYD = 0.0338 DKK
09 August 20231 GYD = 0.0340 DKK
10 August 20231 GYD = 0.0339 DKK
11 August 20231 GYD = 0.0339 DKK
12 August 20231 GYD = 0.0327 DKK
14 August 20231 GYD = 0.0339 DKK
15 August 20231 GYD = 0.0341 DKK
16 August 20231 GYD = 0.0339 DKK
17 August 20231 GYD = 0.0342 DKK
18 August 20231 GYD = 0.0342 DKK
21 August 20231 GYD = 0.0343 DKK
22 August 20231 GYD = 0.0342 DKK
23 August 20231 GYD = 0.0343 DKK
24 August 20231 GYD = 0.0343 DKK
25 August 20231 GYD = 0.0345 DKK
28 August 20231 GYD = 0.0345 DKK
29 August 20231 GYD = 0.0344 DKK
30 August 20231 GYD = 0.0343 DKK
31 August 20231 GYD = 0.0340 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

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.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.

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.