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Currencies

Countries that use the Guyana dollar

The Guyana dollar is an official national currency and used only in Guyana. 1 dollar is devided into 100 Cents.

ISO 4127:
GYD
Numeric:
328
Symbol:
$



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1.00 Guyana dollars = 0.0047 US dollars


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Exchange rate history 1000 GYD in USD

The graph shown here shows the exchange rate development from January 2017 to June 2023. The exchange rate for 1000 GYD moved during this time from USD 4.84 to USD 4.70. In these 77 months it fell by 2.8 percent.

Guyana dollar as currency

CountryRegion
GuyanaSouth America

US dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United States of AmericaNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Caribbean NetherlandsCaribbean
United States Minor Outlying IslandsMicronesia

Currency reserves for the Guyana dollar

According to the International Monetary Fund, the total broad money (M3) amounted to GYD 732.27 billion at the end of 2021. For currency hedging, reserves were held in a total amount of 164.88 billion dollars. This corresponds to a ratio of 1:4.4. Or in other words, 10 of 44 dollars are deposited with a countervalue, which is internationally already above average.

All currency reserves are only held as foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions. There are no governmental gold stocks.

Worldwide currency and gold reserves



Sources

All conversion rates are based on data from the European Central Bank.
Data on currency and gold reserves are from the International Monetary Fund.
Currency reservesCurrency and gold reserves worldwideReserve assets and gold holdings in proportion to the money stock. An international comparison of currency hedging.
Comparison: Cost of livingCost of living in a global comparisonRanking of international living costs from 103 countries compared to the US
Germany: household debtsDebts an budget deficits in GermanyBudget surplus and deficits in the last 24 years in Germany incl. a comparison to the European Union