Historic Guyanese dollar South Korean Won

Guyanese dollar south korean won history for January 2024. The highest quote for this month is 6.7396 (17/01/2024) and the lowest 6.6795 (18/01/2024). The difference between high and low is 0.89.

GYD KRW average rate for January 2024 is 6.56722, the change between 01/01/2024 and 31/01/2024 is -2.87 %.

01 January 20241 GYD = 6.44 KRW
02 January 20241 GYD = 6.44 KRW
03 January 20241 GYD = 6.53 KRW
04 January 20241 GYD = 6.55 KRW
05 January 20241 GYD = 6.55 KRW
06 January 20241 GYD = 6.32 KRW
07 January 20241 GYD = 6.32 KRW
08 January 20241 GYD = 6.58 KRW
09 January 20241 GYD = 6.56 KRW
10 January 20241 GYD = 6.60 KRW
11 January 20241 GYD = 6.58 KRW
12 January 20241 GYD = 6.56 KRW
14 January 20241 GYD = 6.30 KRW
15 January 20241 GYD = 6.57 KRW
16 January 20241 GYD = 6.60 KRW
17 January 20241 GYD = 6.68 KRW
18 January 20241 GYD = 6.71 KRW
19 January 20241 GYD = 6.68 KRW
22 January 20241 GYD = 6.66 KRW
23 January 20241 GYD = 6.69 KRW
24 January 20241 GYD = 6.68 KRW
25 January 20241 GYD = 6.64 KRW
26 January 20241 GYD = 6.67 KRW
28 January 20241 GYD = 6.42 KRW
29 January 20241 GYD = 6.68 KRW
30 January 20241 GYD = 6.66 KRW
31 January 20241 GYD = 6.63 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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