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

South Korean Won guyanese dollar history for October 2023. The highest quote for this month is 0.15439 (21/10/2023) and the lowest 0.15439 (21/10/2023). The difference between high and low is 0.

KRW GYD average rate for October 2023 is 0.1494, the change between 01/10/2023 and 31/10/2023 is +3.75 %.

01 October 2023	1 KRW = 0.1539 GYD
02 October 2023	1 KRW = 0.1481 GYD
03 October 2023	1 KRW = 0.1476 GYD
04 October 2023	1 KRW = 0.1472 GYD
05 October 2023	1 KRW = 0.1476 GYD
06 October 2023	1 KRW = 0.1480 GYD
07 October 2023	1 KRW = 0.1549 GYD
09 October 2023	1 KRW = 0.1480 GYD
10 October 2023	1 KRW = 0.1484 GYD
11 October 2023	1 KRW = 0.1490 GYD
12 October 2023	1 KRW = 0.1495 GYD
13 October 2023	1 KRW = 0.1482 GYD
16 October 2023	1 KRW = 0.1478 GYD
17 October 2023	1 KRW = 0.1482 GYD
18 October 2023	1 KRW = 0.1477 GYD
19 October 2023	1 KRW = 0.1477 GYD
20 October 2023	1 KRW = 0.1485 GYD
21 October 2023	1 KRW = 0.1544 GYD
22 October 2023	1 KRW = 0.1544 GYD
23 October 2023	1 KRW = 0.1479 GYD
24 October 2023	1 KRW = 0.1498 GYD
25 October 2023	1 KRW = 0.1487 GYD
26 October 2023	1 KRW = 0.1477 GYD
27 October 2023	1 KRW = 0.1479 GYD
28 October 2023	1 KRW = 0.1535 GYD
29 October 2023	1 KRW = 0.1535 GYD
30 October 2023	1 KRW = 0.1472 GYD
31 October 2023	1 KRW = 0.1481 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