Historic South Korean Won Guyanese dollar

South Korean Won guyanese dollar history for February 2024. The highest quote for this month is 0.15648 (17/02/2024) and the lowest 0.15757 (03/02/2024). The difference between high and low is -0.7.

KRW GYD average rate for February 2024 is 0.15157, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 KRW = 0.1497 GYD
02 February 20241 KRW = 0.1505 GYD
03 February 20241 KRW = 0.1555 GYD
04 February 20241 KRW = 0.1555 GYD
05 February 20241 KRW = 0.1509 GYD
06 February 20241 KRW = 0.1501 GYD
07 February 20241 KRW = 0.1508 GYD
08 February 20241 KRW = 0.1507 GYD
09 February 20241 KRW = 0.1502 GYD
12 February 20241 KRW = 0.1503 GYD
13 February 20241 KRW = 0.1505 GYD
14 February 20241 KRW = 0.1491 GYD
15 February 20241 KRW = 0.1509 GYD
16 February 20241 KRW = 0.1506 GYD
17 February 20241 KRW = 0.1565 GYD
18 February 20241 KRW = 0.1565 GYD
19 February 20241 KRW = 0.1502 GYD
20 February 20241 KRW = 0.1501 GYD
21 February 20241 KRW = 0.1499 GYD
22 February 20241 KRW = 0.1501 GYD
23 February 20241 KRW = 0.1509 GYD
24 February 20241 KRW = 0.1564 GYD
25 February 20241 KRW = 0.1564 GYD
26 February 20241 KRW = 0.1502 GYD
27 February 20241 KRW = 0.1502 GYD
28 February 20241 KRW = 0.1501 GYD
29 February 20241 KRW = 0.1497 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.
KRW GYD July 2023
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KRW GYD February 2024
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