GYD (Guyanese Dollar)

Filed Under » ,
Dictionary Says

Definition of 'GYD (Guyanese Dollar)'

The currency abbreviation or currency symbol for the Guyanese dollar (GYD), the currency for Guyana. The Guyanese dollar is made up of 100 cents and is often represented with the symbol G$. However, 1-cent coins are no longer used in Guyana due to inflation.
Investopedia Says

Investopedia explains 'GYD (Guyanese Dollar)'

The Guyanese dollar was first seen in 1839 and has undergone many changes. It first appeared in its present form in 1966. The modern banknotes are issued in denominations of 1, 5, 10, 20, 100, 500 and 1000 dollars. Coins are now issued in denominations of 5, 10, 25 and 50 cents and 1, 5 and 10 dollars.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Authorized Forex Dealer

    Any type of ...
  2. Base Currency

    The first ...
  3. Currency

    A generally ...
  4. Currency Pair

    The quotation ...
  5. Forex - FX

    The market in ...
  6. Forex Futures

    An ...
  7. Quote Currency

    The second ...
  8. ANG (Netherlands Antilles Guilder)

    The currency ...
  9. SIT

    In currencies, ...
  10. INR (Indian Rupee)

    The currency ...

Articles Of Interest

  1. Top 7 Questions About Currency Trading Answered

    Whether you're puzzled by pips or curious about carry trades, your queries are answered here.
  2. Currency Exchange: Floating Rate Vs. Fixed Rate

    Baffled by exchange rates? Wonder why some currencies fluctuate while others are pegged? This article has the answers.
  3. 6 Factors That Influence Exchange Rates

    Find out how a currency's relative value reflects a country's economic health and impacts your investment returns.
  4. Using Currency Correlations To Your Advantage

    Knowing the relationships between pairs can help control risk exposure and maximize profits.
  5. An Introduction To Complementary Currencies

    There are alternatives to national currencies. Discover complementary currencies and how they work.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center