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    Guyana - Guyanaese dollar - Currency Guide

     

    Foreign exchange guide to Guyana and the Guyanaese dollar (GYD)

    What's in this Guyana currency guide?

    1. USD/GYD trend
    2. Forecasts
    3. Travel Guyana
    4. Spending GYD
    5. Send to Guyana
         

    USD/GYD Trend (90-day)

    USD to GYD at 208.5 is just below its 90-day average, range 208.5-209.8.
    |
    90-DAYLOW
     

    The below interactive chart displays the USD/GYD trend and UP DOWN HIGH LOW alerts

     
    USD to GYD Currency Trend Chart
       

    US dollar to Guyanaese dollar - Historical Rates

    USD/GYD wasChangePeriod
    209.07
    04 Oct 2021
    0% 2 Weeks
    209.24
    20 Jul 2021
    0.1% 90 Days
    209.23
    18 Oct 2020
    0.1% 1 Year
    205.18
    19 Oct 2016
    1.9% 5 Years
    202.72
    21 Oct 2011
    3.2% 10 Years
    180.97
    23 Oct 2001
    15.5% 20 Years
    USD/GYD change over periods to 18-Oct-2021
     

    $10,000 USD
    =
    G$2,084,908 GYD

    Converted at USD/GYD interbank rate, compare Send Money and Currency Exchange exchange rates.

    USD to GYD - Quick Amounts

    Sell USD   →   Buy GYD
    USD GYD
    $ 1 G$ 208.49
    $ 5 G$ 1,042
    $ 10 G$ 2,085
    $ 20 G$ 4,170
    $ 50 G$ 10,425
    $ 100 G$ 20,849
    $ 250 G$ 52,123
    $ 500 G$ 104,245
    $ 1,000 G$ 208,490
    $ 2,000 G$ 416,980
    $ 5,000 G$ 1,042,450
    $ 10,000 G$ 2,084,900
    $ 20,000 G$ 4,169,800
    $ 50,000 G$ 10,424,500
    $ 100,000 G$ 20,849,000
    USD GYD
    $ 0.0048 G$ 1
    $ 0.0240 G$ 5
    $ 0.0480 G$ 10
    $ 0.0959 G$ 20
    $ 0.2398 G$ 50
    $ 0.4796 G$ 100
    $ 1.1990 G$ 250
    $ 2.3980 G$ 500
    $ 4.7960 G$ 1,000
    $ 9.5920 G$ 2,000
    $ 23.98 G$ 5,000
    $ 47.96 G$ 10,000
    $ 95.92 G$ 20,000
    $ 239.80 G$ 50,000
    $ 479.60 G$ 100,000

    More amounts

     

    Frequently Asked Questions

     

    What currency should I use in Guyana?

    The domestic currency in Guyana is the Guyanaese dollar.

    What is the Guyanaese dollar currency code and symbol?

    The three letter currency code for the Guyanaese dollar is GYD — symbol is G$.

    Which countries use the Guyanaese dollar?

    It is the domestic currency in    Guyana.

    Is the Guyanaese dollar a closed currency?

    No, the Guyanaese dollar is freely available and convertible. See guide: What is a closed currency?

     

    Travel, Currency and Money saving tips for Guyana

    Few places on the planet offer raw adventure as authentic as densely forested Guyana. Although the country has a troubled history of political instability and inter-ethnic tension, underneath the headlines of corruption and economic mismanagement is a joyful and motivated mix of people who are slowly turning the country into the continent's best-kept ecotourism secret.

    The likes of Chile, Argentina, Colombia, Peru and Bolivia often top travellers’ ‘must visit’ lists when they decide to head to South America. Guyana, on the other hand, seems to attract a far smaller crowd. But the abundance of cultural and natural sights, the lack of other travellers and it’s general ‘off the beaten track’ vibe help make Guyana a rather unmissable stop.

    What is the currency in Guyana/

    Cambios are licensed currency exchange houses. Most cambios are open from 8:00 hrs to 17:00 hrs and on Sundays 8:00 hrs to 16:00 hrs. It is important that you keep your cambios receipt, you will need to produce them to change Guyanese dollars on departure. Major credit cards and travellers cheques are accepted by most hotels, restaurants, supermarkets, car rental agencies and tour operators. Credit cards with CIRRUS and/or PLUS mark can be used at any Scotiabank ATM machines in Guyana.

    How to get around in Guyana?

    There are no international railway services to Guyana nor are there any domestic services. This is due to the fact that the entire system, the first in all of South America, was scrapped during the Burnham regime. When people in Guyana refer to buses, they mean minibuses. Minibuses travel throughout Guyana and are the cheapest way to travel Many parts of Guyana are separated by large rivers. These areas can be traversed by way of river taxi. Buses are the main way for locals to get around the country, and while they're a fascinating cultural experience, they're also uncomfortable, overcrowded, noisy and in many cases downright dangerous, with drivers who seem to care little for the safety of passengers or pedestrians, terrible road conditions and the ever-present threat of pickpocketing.

    While a lot of locals use bikes to get around Georgetown and a few other places in the country, it's not easy to recommend owing to safety issues caused by poor roads and dangerous driving. There is also nowhere to rent a bike.

    Travel tips for Guyana.

    The official language is English often spoken with a creole flavor.

    Guyana currently only receives about 3,000 tourists a year, which, to put it in perspective, is about the same as Machu Picchu receives in a single day. It’s the same size as Britain but has a population of fewer than 750,000 and is comprised of an incredible 80% virgin rainforest. The fact that Guyana only receives 3,000 tourists a year means that it’s not uncommon to have places such as Kaieteur Falls – the world’s tallest single-drop waterfall (five times the height of Niagara Falls) – completely to yourself.

    It is safer to drink purified bottled water. There are several brands that are inexpensive and widely available. Guyana's climate is equatorial; hot but pleasant for most of the year. The heat is tempered by the sea breezes on the coast. An Umbrella is useful during the two wet seasons, extending roughly through May and June and from December to the end of January.

    Once colonised by the Dutch, then the British, then the French, then the Dutch again, Guyana is now made up Amerindians, Africans, Indians, Europeans, and Chinese. All this has led to Guyana becoming a fascinating mixture of religion, culture and cuisine that you can’t find anywhere else in South America.

     

    Travel money for Guyana

    Save money and time by Ordering your Guyanaese dollar online from Travelex, you get better rates and can pick up the GYD cash locally or even on travel day at the airport.

    Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

    For card purchases if offered a choice of currencies always select to Pay in Guyanaese dollar otherwise you may get much worst exchange rates.

     

    Send Money to Guyana - Best Rates

    To get a good (and fair) exchange rate when sending money to Guyana you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers to Guyana

    When sending money to Guyana it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or Guyanaese dollar amount you want to transfer
    3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
    4. Once your funds are received by the provider the converted GYD amount will be transfered to the recipient account you specify in Guyana.

    Use the above Send to Guyanaese dollar calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Guyanaese dollar deposited into the recipient bank account and less margins and fees kept by the banks!


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