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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.
Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs are allocated to member countries in proportion to their IMF quotas and can be exchanged among members for freely usable currencies, providing liquidity in the global economy.