South Korean Won guyanese dollar exchange rate history (KRW GYD) December 2023

South Korean Won guyanese dollar history for December 2023. The highest quote for this month is 0.16098 (02/12/2023) and the lowest 0.16109 (02/12/2023). The difference between high and low is -0.07.

KRW GYD average rate for December 2023 is 0.15565, the change between 01/12/2023 and 31/12/2023 is -2.07 %.

01 December 2023	1 KRW = 0.1543 GYD
02 December 2023	1 KRW = 0.1611 GYD
03 December 2023	1 KRW = 0.1610 GYD
04 December 2023	1 KRW = 0.1541 GYD
05 December 2023	1 KRW = 0.1532 GYD
06 December 2023	1 KRW = 0.1523 GYD
07 December 2023	1 KRW = 0.1523 GYD
08 December 2023	1 KRW = 0.1524 GYD
10 December 2023	1 KRW = 0.1582 GYD
11 December 2023	1 KRW = 0.1523 GYD
12 December 2023	1 KRW = 0.1525 GYD
13 December 2023	1 KRW = 0.1528 GYD
14 December 2023	1 KRW = 0.1548 GYD
15 December 2023	1 KRW = 0.1550 GYD
16 December 2023	1 KRW = 0.1599 GYD
17 December 2023	1 KRW = 0.1599 GYD
18 December 2023	1 KRW = 0.1577 GYD
19 December 2023	1 KRW = 0.1535 GYD
20 December 2023	1 KRW = 0.1542 GYD
21 December 2023	1 KRW = 0.1544 GYD
22 December 2023	1 KRW = 0.1550 GYD
23 December 2023	1 KRW = 0.1606 GYD
24 December 2023	1 KRW = 0.1606 GYD
25 December 2023	1 KRW = 0.1544 GYD
26 December 2023	1 KRW = 0.1548 GYD
27 December 2023	1 KRW = 0.1550 GYD
28 December 2023	1 KRW = 0.1547 GYD
29 December 2023	1 KRW = 0.1575 GYD

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.

Historic South Korean Won Guyanese dollar