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.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

159 Guyanese Dollar to Canadian Dollar exchange rates chart

159 GYD to CAD exchange rates graph
159 GYD to CAD 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.

159 GYD to CAD exchange rates table

Exchange GYD to CAD
159 Guyanese Dollar = 1.006 Canadian Dollar
318 Guyanese Dollar = 2.013 Canadian Dollar
795 Guyanese Dollar = 5.031 Canadian Dollar
1590 Guyanese Dollar = 10.063 Canadian Dollar
Exchange Guyanese Dollar to Canadian Dollar
159 Guyanese Dollar to Canadian Dollar 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.

159 GYD to CAD 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...

4 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 1 month conditional neutral
Transferring money to Philippines from Canada | Philippine Canadian Inquirer
Transferring money to Philippines from Canada | Philippine Canadian Inquirer

Transfer of funds between countries. A struggle we all know all too well, but seems like wherever we turn our head, there are more fees lurking in the...

4 days indicative neutral
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

4 days indicative negative
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

5 days indicative negative
Jamaican dollar closes at $129.47

The Jamaican dollar devalued by 42 cents against the US dollar during Tuesday’s trading day according to the trading summary from the Bank of Jamaica (BOJ). The Jamaic

6 days indicative negative

159 GYD to CAD currency converter