Historic Ghana Cedi Guinean franc

Ghana Cedi guinean franc history for August 2023. The highest quote for this month is 773.27 (12/08/2023) and the lowest 777.93 (14/08/2023). The difference between high and low is -0.6.

GHS GNF average rate for August 2023 is 761.41731, the change between 01/08/2023 and 31/08/2023 is +2.82 %.

01 August 20231 GHS = 767.3 GNF
02 August 20231 GHS = 770.7 GNF
03 August 20231 GHS = 758.7 GNF
04 August 20231 GHS = 777.7 GNF
07 August 20231 GHS = 755.4 GNF
08 August 20231 GHS = 763.9 GNF
09 August 20231 GHS = 762.1 GNF
10 August 20231 GHS = 764.4 GNF
11 August 20231 GHS = 760.1 GNF
12 August 20231 GHS = 772.4 GNF
14 August 20231 GHS = 763.5 GNF
15 August 20231 GHS = 780.8 GNF
16 August 20231 GHS = 777.7 GNF
17 August 20231 GHS = 763.4 GNF
18 August 20231 GHS = 763.8 GNF
19 August 20231 GHS = 754.6 GNF
20 August 20231 GHS = 754.6 GNF
21 August 20231 GHS = 753.6 GNF
22 August 20231 GHS = 762.7 GNF
23 August 20231 GHS = 763.8 GNF
24 August 20231 GHS = 763.8 GNF
25 August 20231 GHS = 750.0 GNF
28 August 20231 GHS = 751.0 GNF
29 August 20231 GHS = 747.6 GNF
30 August 20231 GHS = 747.5 GNF
31 August 20231 GHS = 745.6 GNF

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.