Historic South Korean Won Guyanese dollar

South Korean Won guyanese dollar history for September 2023. The highest quote for this month is 0.15581 (24/09/2023) and the lowest 0.15631 (23/09/2023). The difference between high and low is -0.32.

KRW GYD average rate for September 2023 is 0.15068, the change between 01/09/2023 and 30/09/2023 is -1.77 %.

01 September 20231 KRW = 0.1511 GYD
04 September 20231 KRW = 0.1525 GYD
05 September 20231 KRW = 0.1520 GYD
06 September 20231 KRW = 0.1503 GYD
07 September 20231 KRW = 0.1498 GYD
08 September 20231 KRW = 0.1498 GYD
11 September 20231 KRW = 0.1495 GYD
12 September 20231 KRW = 0.1513 GYD
13 September 20231 KRW = 0.1510 GYD
14 September 20231 KRW = 0.1505 GYD
15 September 20231 KRW = 0.1506 GYD
18 September 20231 KRW = 0.1502 GYD
19 September 20231 KRW = 0.1503 GYD
20 September 20231 KRW = 0.1506 GYD
21 September 20231 KRW = 0.1501 GYD
22 September 20231 KRW = 0.1492 GYD
23 September 20231 KRW = 0.1559 GYD
24 September 20231 KRW = 0.1558 GYD
25 September 20231 KRW = 0.1492 GYD
26 September 20231 KRW = 0.1492 GYD
27 September 20231 KRW = 0.1476 GYD
28 September 20231 KRW = 0.1478 GYD
29 September 20231 KRW = 0.1482 GYD
30 September 20231 KRW = 0.1538 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.