Exchange rates for the US dollar and the pound sterling varied
significantly from bank to bank, with draft transactions attracting rates
markedly higher than notes.
On Thursday, Stabroek News visited the foreign exchange sections of
various commercial banks and a few non-bank cambios in Georgetown. The
rates were as tabulated below:
For the US dollar-
Bank
Buying Rate
Selling Rate
Notes/Other
Notes/Other
NBIC
$185/$190
$195/$195
GBTI
$185/$190
$195/$195
Citizens Bank
$189/$191
$196/$198
Demerara Bank
$188/$188.50
$193/$193.50
Bank of Nova Scotia $186/$191
$196/$197
Sarjoo’s Cambio
$193
$197
Commerce House
$193
$197
Martina’s Cambio
$194
$197
For the Pound Sterling-
NBIC
$275/$295
$310/$320
GBTI
$245/$275
$265/$298
Citizens Bank
$245/$295
$303/$311
Demerara Bank
$260/$285
$278/$305
Bank of Nova Scotia
$273/$298
$298/$318
Sarjoo’s Cambio
$295
$308
Commerce House
$295
$310
Martina’s Cambio
$298
$305