Asset

Guyanese dollar / United States dollar

GYDUSD
forex
$0.005
stockPerformance $0.00 (0.00%)
Updated: 18 Jan, 3:26 pm UTC
No Trading Data Available
Description
The Guyanaese Dollar is the official currency of Guyana. It is used as a form of investment and in financial markets in the country. Investors may purchase Guyanaese Dollars as a means of diversifying their portfolios and hedging against economic and political uncertainty. The currency also serves as a store of value for those seeking to preserve their wealth in a stable currency. Additionally, the Guyanaese Dollar is used to facilitate international trade and investment in the country, allowing buyers and sellers to conduct transactions with ease. Finally, it is used as a benchmark for setting prices on other financial instruments in the region.