Guyanese Dollar

Guyanese Dollar

The Guyanese dollar (currency sign: $, G$ and GY$; ISO: GYD) has been the unit of account in Guyana (formerly British Guiana) since 29 January 1839. Originally it was intended as a transitional unit to facilitate the changeover from the Dutch guilder system of currency to the British pound sterling system. The Spanish dollar was already prevalent throughout the West Indies in general, and from 1839, the Spanish dollar unit operated in British Guiana in conjunction with British sterling coins at a standard conversion rate of one dollar for every four shillings and twopence. In 1951 the British sterling coinage was replaced with a new decimal coinage which was simultaneously introduced through all the British territories in the Eastern Caribbean. When sterling began to depreciate in the early 1970s, a switch to a US dollar peg became increasingly attractive as an anti-inflationary measure and the Eastern Caribbean Currency Authority (of which Guyana was a member) made the switch in October 1975. The Guyanese dollar is normally abbreviated with the dollar sign $, or alternatively G$ to distinguish it from other dollar-denominated currencies.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

14 Guyanese Dollar to South African Rand exchange rates chart

14 GYD to ZAR exchange rates graph
14 GYD to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

14 GYD to ZAR exchange rates table

Exchange GYD to ZAR
14 Guyanese Dollar = 0.922 South African Rand
28 Guyanese Dollar = 1.844 South African Rand
70 Guyanese Dollar = 4.610 South African Rand
140 Guyanese Dollar = 9.220 South African Rand
Exchange Guyanese Dollar to South African Rand
14 Guyanese Dollar to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

14 GYD to ZAR exchange rates news

Exxon confirms discovery of more than four billion oil-equivalent barrels at Stabroek Block

GEORGETOWN, Guyana (CMC) — The ExxonMobil-controlled Stabroek Block offshore Guyana...

11 days conditional positive
Six injured as Fly Jamaica aircraft makes emergency landing in Guyana

GEORGETOWN, Guyana (CMC) – Six passengers on a Fly Jamaica flight were injured this morning...

about 1 month imperative positive
Guyana considers removal of obeah and witchcraft from law books

Guyanese nationals may soon be free to practice obeah and witchcraft. This, as the Government seeks to rid the nation's law books of Colonial-era laws. Among the cr

about 2 months conditional neutral
Yes, you can afford to go overseas! 5 rand-friendly holiday spots

These amazing destinations in Europe, Asia and South America offer big payoffs at reasonable prices

about 7 hours indicative negative
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive

14 GYD to ZAR currency converter