Nigerian Naira guyanese dollar exchange rate history (NGN GYD) December 2023

Nigerian Naira guyanese dollar history for December 2023. The highest quote for this month is 0.26433 (02/12/2023) and the lowest 0.26433 (02/12/2023). The difference between high and low is 0.

NGN GYD average rate for December 2023 is 0.24622, the change between 01/12/2023 and 31/12/2023 is +11.41 %.

01 December 2023	1 NGN = 0.2533 GYD
02 December 2023	1 NGN = 0.2643 GYD
03 December 2023	1 NGN = 0.2643 GYD
04 December 2023	1 NGN = 0.2539 GYD
05 December 2023	1 NGN = 0.2508 GYD
06 December 2023	1 NGN = 0.2493 GYD
07 December 2023	1 NGN = 0.2491 GYD
08 December 2023	1 NGN = 0.2500 GYD
10 December 2023	1 NGN = 0.2637 GYD
11 December 2023	1 NGN = 0.2496 GYD
12 December 2023	1 NGN = 0.2526 GYD
13 December 2023	1 NGN = 0.2496 GYD
14 December 2023	1 NGN = 0.2493 GYD
15 December 2023	1 NGN = 0.2532 GYD
16 December 2023	1 NGN = 0.2636 GYD
17 December 2023	1 NGN = 0.2636 GYD
18 December 2023	1 NGN = 0.2509 GYD
19 December 2023	1 NGN = 0.2534 GYD
20 December 2023	1 NGN = 0.2501 GYD
21 December 2023	1 NGN = 0.2429 GYD
22 December 2023	1 NGN = 0.2427 GYD
23 December 2023	1 NGN = 0.2301 GYD
24 December 2023	1 NGN = 0.2309 GYD
25 December 2023	1 NGN = 0.2218 GYD
26 December 2023	1 NGN = 0.2216 GYD
27 December 2023	1 NGN = 0.2217 GYD
28 December 2023	1 NGN = 0.2238 GYD
29 December 2023	1 NGN = 0.2244 GYD

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

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.

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

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.

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

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 Nigerian Naira Guyanese dollar