Convert Guyanaese Dollar to Bitcoin
Please provide values below to convert Guyanaese Dollar [GYD] to Bitcoin [BTC], or Convert Bitcoin to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Bitcoin
1 GYD = 24768444.1035772 BTC
Example: convert 15 GYD to BTC:
15 GYD = 15 × 24768444.1035772 BTC = 371526661.553658 BTC
Guyanaese Dollar to Bitcoin Conversion Table
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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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.