Historic Ghana Cedi Guinean franc

Ghana Cedi guinean franc history for January 2024. The highest quote for this month is 718.54 (06/01/2024) and the lowest 715.93 (05/01/2024). The difference between high and low is 0.36.

GHS GNF average rate for January 2024 is 710.06444, the change between 01/01/2024 and 31/01/2024 is +2.9 %.

01 January 20241 GHS = 713.2 GNF
02 January 20241 GHS = 713.2 GNF
03 January 20241 GHS = 715.1 GNF
04 January 20241 GHS = 715.1 GNF
05 January 20241 GHS = 716.0 GNF
06 January 20241 GHS = 715.3 GNF
07 January 20241 GHS = 716.4 GNF
08 January 20241 GHS = 713.8 GNF
09 January 20241 GHS = 716.0 GNF
10 January 20241 GHS = 716.1 GNF
11 January 20241 GHS = 716.0 GNF
12 January 20241 GHS = 714.8 GNF
14 January 20241 GHS = 714.0 GNF
15 January 20241 GHS = 712.5 GNF
16 January 20241 GHS = 710.7 GNF
17 January 20241 GHS = 710.5 GNF
18 January 20241 GHS = 715.2 GNF
19 January 20241 GHS = 713.8 GNF
22 January 20241 GHS = 704.8 GNF
23 January 20241 GHS = 712.9 GNF
24 January 20241 GHS = 715.4 GNF
25 January 20241 GHS = 706.6 GNF
26 January 20241 GHS = 704.6 GNF
28 January 20241 GHS = 696.6 GNF
29 January 20241 GHS = 689.4 GNF
30 January 20241 GHS = 691.5 GNF
31 January 20241 GHS = 692.5 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.