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Guyanese Dollar
(redirected from Guyana dollar)

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Guyanese Dollar
The currency of Guyana. Introduced in 1839, it was originally related to the Spanish dollar (which widely circulated in Caribbean colonies) and was intended to facilitate the transition from a currency based on the Dutch guilder to one based on the British pound. It was pegged to the pound until 1975.


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IFC, a member of the World Bank Group, said July 27 it is providing investment and advisory services to Guyana's Small Business Development Finance Trust Inc to help triple its client base of micro, small, and medium enterprises and pave the way for SBDF to become a regulated financial institution: IFC's convertible financing of 60 million Guyana dollars (US$300,000 equivalent) will allow SBDF to more than triple its client base and expand from 540 to 2,000 loans a year.
4 million impairment charge to non-operating income stemming from the write-down of certain assets at its Choice Communications subsidiary and the curtailment of its Atlantic TeleCenter call center business, offset in part by a non-cash foreign exchange gain of approximately $1 million as a result of the decline in the value of the Guyana dollar in relation to the U.
Conversion and Transfer Policies The Guyana dollar is fully convertible.
 
 
 
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