About the AUD/GYD rate
The AUD/GYD rate is how many GYD one Australian dollar buys. It moves constantly with interest-rate expectations, commodity prices and global risk sentiment - see what moves the rate. Tradergy shows the mid-market reference rate and does not forecast where it’s heading. For the 52-week highs and lows and a daily table, see the AUD/GYD rate history.
Related views of this rate: the reverse rate, GYD → AUD, is on the receiving Guyanese dollar view, and sending Australian dollars to Guyana is covered on the AUD → GYD transfer page. Every AUD pair sits on the convert hub, and to work in more than one currency at once there is the currency converter.
Who is allowed to trade it, and who steadies it
The International Monetary Fund's 2022 Article IV consultation classifies Guyana as a de jure float run as a de facto stabilised arrangement, with occasional foreign exchange interventions to maintain the nominal exchange rate, addressing disorderly market conditions and smoothing short-term fluctuations not related to fundamentals. No published band or margin rule sits underneath that. What exists instead is a licensing regime.
That regime rests on the Dealers in Foreign Currency (Licensing) Act of 1989, under which it is an offence to buy or sell foreign currency other than from or to a licensed dealer. The Bank of Guyana is the licensing authority.
Applications go in writing to the Governor, are processed by the Bank's International Department, and are renewed annually after inspection. Licensed cambios file regular returns on prescribed forms, and the Bank holds statutory inspection powers over them. The control is over who may deal and what they must report, not over the price they may deal at.
The Bank's own annual report shows what it does inside that structure. For 2024 it recorded bank and non-bank cambios at 37.0 per cent of total foreign exchange market volume with turnover of 8,020.7 million United States dollars, and approved foreign currency accounts at a further 46.0 per cent. The Bank itself was a net seller, transacting net sales of 317.8 million United States dollars as part of its smoothing operations.
Where the foreign currency comes from is increasingly one place. The Bank of Guyana acts as operational manager of the Natural Resource Fund under an investment mandate agreed with the Ministry of Finance, and transfers from that fund supplied 42.0 per cent of central government current revenue in 2024, with the Fund's hard currency deposits at the Bank rising by 423.4 million United States dollars over the year.
Sources: International Monetary Fund, Guyana: 2022 Article IV Consultation · Bank of Guyana, Notice: Licensed Dealers in Foreign Currency · Bank of Guyana, Frequently Asked Questions · Bank of Guyana, Annual Report 2024