Historic Guyanese dollar South Korean Won

Guyanese dollar south korean won history for December 2023. The highest quote for this month is 6.6296 (07/12/2023) and the lowest 6.574 (11/12/2023). The difference between high and low is 0.84.

GYD KRW average rate for December 2023 is 6.42699, the change between 01/12/2023 and 31/12/2023 is +2.02 %.

01 December 20231 GYD = 6.48 KRW
02 December 20231 GYD = 6.21 KRW
03 December 20231 GYD = 6.21 KRW
04 December 20231 GYD = 6.49 KRW
05 December 20231 GYD = 6.53 KRW
06 December 20231 GYD = 6.57 KRW
07 December 20231 GYD = 6.57 KRW
08 December 20231 GYD = 6.56 KRW
10 December 20231 GYD = 6.32 KRW
11 December 20231 GYD = 6.57 KRW
12 December 20231 GYD = 6.56 KRW
13 December 20231 GYD = 6.55 KRW
14 December 20231 GYD = 6.46 KRW
15 December 20231 GYD = 6.45 KRW
16 December 20231 GYD = 6.25 KRW
17 December 20231 GYD = 6.25 KRW
18 December 20231 GYD = 6.34 KRW
19 December 20231 GYD = 6.51 KRW
20 December 20231 GYD = 6.49 KRW
21 December 20231 GYD = 6.48 KRW
22 December 20231 GYD = 6.45 KRW
23 December 20231 GYD = 6.23 KRW
24 December 20231 GYD = 6.23 KRW
25 December 20231 GYD = 6.47 KRW
26 December 20231 GYD = 6.46 KRW
27 December 20231 GYD = 6.45 KRW
28 December 20231 GYD = 6.46 KRW
29 December 20231 GYD = 6.35 KRW

01/01/2020: Transition to Polymer Banknotes

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

26/05/1966: Independence of Guyana

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

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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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