Convert Guyanaese Dollar to Chinese Yuan
Please provide values below to convert Guyanaese Dollar [GYD] to Chinese Yuan [CNY], or Convert Chinese Yuan to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Chinese Yuan
1 GYD = 29.1739639526617 CNY
Example: convert 15 GYD to CNY:
15 GYD = 15 × 29.1739639526617 CNY = 437.609459289926 CNY
Guyanaese Dollar to Chinese Yuan Conversion Table
Guyanaese Dollar | Chinese Yuan |
---|
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).