GYD/USD
Market Open
12 Jun, 11:19
$
0. 004986
+0.000393
+8.5537%
$
2 Volume
$ 0.004593
Previous Close Want to track GYDUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
GYDUSD Overview
GYDUSD denotes the exchange rate between the Guyanese dollar (GYD) as the base currency and the US dollar (USD) as the quote currency, indicating how many US dollars are equivalent to one Guyanese dollar. It is used to quote value for transactions, remittances and financial positions involving GYD and USD.
Known as the Guyanese dollar (GYD), this currency is issued by the Bank of Guyana and serves as the legal tender of the Cooperative Republic of Guyana in South America. The GYD is primarily used for domestic commerce, government receipts and local wage payments.
By contrast, the US dollar (USD) is the official currency of the United States and is issued by the Federal Reserve. The USD functions as a global reserve currency and is extensively used in international trade, commodity pricing and cross-border finance.
Market pricing for GYDUSD is determined by supply and demand dynamics in foreign-exchange markets and is affected by interest rate differentials, inflation trends and monetary policy actions by the Bank of Guyana and the Federal Reserve. Capital flows, commodity prices, geopolitical events and economic data releases can produce short-term volatility.
Movements in GYDUSD are relevant for exporters, importers, investors and currency traders with exposure to Guyana, providing a basis for hedging foreign-exchange risk, pricing international contracts and pursuing speculative strategies.
Known as the Guyanese dollar (GYD), this currency is issued by the Bank of Guyana and serves as the legal tender of the Cooperative Republic of Guyana in South America. The GYD is primarily used for domestic commerce, government receipts and local wage payments.
By contrast, the US dollar (USD) is the official currency of the United States and is issued by the Federal Reserve. The USD functions as a global reserve currency and is extensively used in international trade, commodity pricing and cross-border finance.
Market pricing for GYDUSD is determined by supply and demand dynamics in foreign-exchange markets and is affected by interest rate differentials, inflation trends and monetary policy actions by the Bank of Guyana and the Federal Reserve. Capital flows, commodity prices, geopolitical events and economic data releases can produce short-term volatility.
Movements in GYDUSD are relevant for exporters, importers, investors and currency traders with exposure to Guyana, providing a basis for hedging foreign-exchange risk, pricing international contracts and pursuing speculative strategies.
GYDUSD Chart
GYDUSD FAQ
What is the current GYD/USD price?
The current rate is $0.004986, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the GYD/USD rate changed today?
The rate has changed by +0.000393 (+8.5537%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was $0.004593, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is GYD/USD moving up or down?
Movements in GYD/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+8.5537%) is based on the difference between the current rate and the previous closing rate.
Is GYD/USD trending up or down right now?
If the current rate ($0.004986) is above the previous close ($0.004593), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for GYD/USD directly on this page.
