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The Guyanaese Dollar (GYD) is the official currency of Guyana, a country located in the northeastern part of South America. It serves as the primary medium of exchange for goods and services within the nation and is subdivided into 100 cents. The currency plays a crucial role in the economy of Guyana, which has been experiencing growth driven by sectors such as agriculture, mining, and emerging oil production.
The Nigerian Naira (NGN) is the official currency of Nigeria, introduced in 1973 to replace the Nigerian pound. It is subdivided into 100 kobo and is regulated by the Central Bank of Nigeria, which is responsible for issuing banknotes and coins as well as managing monetary policy.