Historic South African rand Guyanese dollar

South African rand guyanese dollar history for January 2024. The highest quote for this month is 11.191 (14/01/2024) and the lowest 11.195 (14/01/2024). The difference between high and low is -0.04.

ZAR GYD average rate for January 2024 is 10.74944, the change between 01/01/2024 and 31/01/2024 is +3 %.

01 January 20241 ZAR = 10.99 GYD
02 January 20241 ZAR = 10.98 GYD
03 January 20241 ZAR = 10.79 GYD
04 January 20241 ZAR = 10.71 GYD
05 January 20241 ZAR = 10.71 GYD
06 January 20241 ZAR = 11.14 GYD
07 January 20241 ZAR = 11.14 GYD
08 January 20241 ZAR = 10.69 GYD
09 January 20241 ZAR = 10.77 GYD
10 January 20241 ZAR = 10.73 GYD
11 January 20241 ZAR = 10.75 GYD
12 January 20241 ZAR = 10.73 GYD
14 January 20241 ZAR = 11.20 GYD
15 January 20241 ZAR = 10.75 GYD
16 January 20241 ZAR = 10.73 GYD
17 January 20241 ZAR = 10.57 GYD
18 January 20241 ZAR = 10.49 GYD
19 January 20241 ZAR = 10.58 GYD
22 January 20241 ZAR = 10.52 GYD
23 January 20241 ZAR = 10.43 GYD
24 January 20241 ZAR = 10.58 GYD
25 January 20241 ZAR = 10.60 GYD
26 January 20241 ZAR = 10.61 GYD
28 January 20241 ZAR = 11.09 GYD
29 January 20241 ZAR = 10.67 GYD
30 January 20241 ZAR = 10.65 GYD
31 January 20241 ZAR = 10.66 GYD

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

01/01/2020: Transition to Polymer Banknotes

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

26/05/1966: Independence of Guyana

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.
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