GUAYANA

(GYD) Currency News >>

CURRENCY:

Guyanese Dollar - GYD, Symbol G$

DENOMINATIONS:

NOTE: G$1,000, 500, 100 and 20.

COIN: G$10, 5 and 1.

US DOLLAR ACCEPTED?

Yes, widely.

CREDIT/DEBIT CARDS AND ATMS:

Please note: foreign credit cards cannot be used in ATM machines in Guyana. Most major credit cards are accepted in larger hotels and businesses.

CURRENCY EXCHANGE:

If doing foreign exchange within Guyana, it is best at banks or bureaux de changes, who can do this for free.

TRAVELLER'S CHEQUES:

These are not recommended. If necessary, these are best in US dollars.

BANKING HOURS:

Mon-Fri 0800-1230 Extra hours on Friday: 1500-1700.

CURRENCY RESTRICTIONS:

Declare on arrival. Limits on import and export of local currency.

COUNTRY OVERVIEW:

Guyana's full name is the Co-operative Republic of Guyana, and was known before independence as British Guiana. Guyana is the only country of the Commonwealth of Nations which is located on the mainland of South America. The official language is English but there are other recognised languages including Spanish and Guyanese Creole, among other regional languages. The capital is Georgetown.

POPULATION:

858, 863 (approximate).

ECONOMY:

The main element of the economy of Guyana is agriculture. There are many largescale problems in the country, including a shortage of skilled labour forces. Despite the world economic crisis of 2008, Guyana experienced a small increase in growth. The main exports from Guyana are rice and sugar, as well as mining of gold and bauxite.