Swiss Franc in Guyanese Dollar

CHF Swiss Franc

Country of application:
Liechtenstein, Switzerland

Coin denominations in circulation:
5, 2 and 1 franc, as well as 50, 20, 10 and 5 rappen.

Denominations of banknotes in circulation:
1000, 200, 100, 50, 20 and 10 francs.

History reference:
The Swiss franc is the official currency of Switzerland. The history of the modern Swiss franc dates back to May 7, 1850. Until that day, the country did not have a single monetary system: 25 cantons... and half-cantons, 16 cities, and abbeys issued their own money. There were about 860 types of coins of various values and denominations in circulation. Moreover, most of the money circulation accounted for foreign money in general. The situation was changed by the constitution of 1848, in accordance with which a single national currency was introduced. Due to the flexible exchange rate, the strong development of the Swiss economy and the political stability of the country, the Swiss franc is one of the most stable currencies in the world, in high demand as a reserve. It traditionally refers to the currencies of tax havens or offshore zones, with zero inflation and legally fixed gold and foreign exchange reserves of at least 40%. However, this condition, introduced in the 1920s, was abolished on 1 May 2000 due to amendments to the Swiss Constitution. The high confidence of international investors is the reason for the upward trend in the exchange rate of the franc against most other national currencies.

GYD Guyanese Dollar

Country of application:
Guyana

Coin denominations in circulation:
1, 5, 10, 100 dollars.

Denominations of banknotes in circulation:
20, 50, 100, 500, 1000, 5000 dollars.

History reference:
The Guyanese dollar is the official currency of Guyana. Currency code: GYD. In Guyana, the national currency is the Guyanese dollar. It is split into 100 cents. The international letter designation o...f the currency is GYD, and its symbol is G$. In terms of denominations of coins and banknotes, the Guyanese dollar is not very diverse when compared with other currencies. So, you can find large denominations of 1000 and 500 dollars, and small denominations of 100 and 20. Coins are presented in only three types: 1, 5 and 10 dollars. A few years ago (in 2013) the authorities introduced the $5,000 bill. The cooperative republic of Guyana was colonized by Britain for a certain time. In those years, the state of Guyana was called British Guiana. The East Caribbean dollar was then used as the currency. It was a recognized unit of the OECS (Organization of the Eastern Caribbean States). Since the mid-60s of the last century, during the period of the states struggle for independence, the Bank of Guyana decides to put into circulation its own national currency of the country. This currency was the Guyanese dollar. Then it exchanged with the OECS dollar at a one-to-one rate.