Ugandan Shilling guyanese dollar exchange rate history (UGX GYD) August 2023

Ugandan Shilling guyanese dollar history for August 2023. The highest quote for this month is 0.056064 (07/08/2023) and the lowest 0.056139 (03/08/2023). The difference between high and low is -0.13.

UGX GYD average rate for August 2023 is 0.05502, the change between 01/08/2023 and 31/08/2023 is +2.87 %.

01 August 2023	1 UGX = 0.0560 GYD
02 August 2023	1 UGX = 0.0558 GYD
03 August 2023	1 UGX = 0.0558 GYD
04 August 2023	1 UGX = 0.0561 GYD
07 August 2023	1 UGX = 0.0561 GYD
08 August 2023	1 UGX = 0.0561 GYD
09 August 2023	1 UGX = 0.0560 GYD
10 August 2023	1 UGX = 0.0554 GYD
11 August 2023	1 UGX = 0.0542 GYD
12 August 2023	1 UGX = 0.0558 GYD
14 August 2023	1 UGX = 0.0542 GYD
15 August 2023	1 UGX = 0.0545 GYD
16 August 2023	1 UGX = 0.0547 GYD
17 August 2023	1 UGX = 0.0542 GYD
18 August 2023	1 UGX = 0.0542 GYD
19 August 2023	1 UGX = 0.0558 GYD
20 August 2023	1 UGX = 0.0558 GYD
21 August 2023	1 UGX = 0.0542 GYD
22 August 2023	1 UGX = 0.0542 GYD
23 August 2023	1 UGX = 0.0544 GYD
24 August 2023	1 UGX = 0.0545 GYD
25 August 2023	1 UGX = 0.0546 GYD
28 August 2023	1 UGX = 0.0547 GYD
29 August 2023	1 UGX = 0.0546 GYD
30 August 2023	1 UGX = 0.0544 GYD
31 August 2023	1 UGX = 0.0544 GYD

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

01/01/2020: Transition to Polymer Banknotes

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

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

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 Ugandan Shilling Guyanese dollar