Historic Ghana Cedi Hungarian forint

Ghana Cedi hungarian forint history for October 2023. The highest quote for this month is 32.359 (04/10/2023) and the lowest 31.855 (01/10/2023). The difference between high and low is 1.56.

GHS HUF average rate for October 2023 is 31.10993, the change between 01/10/2023 and 31/10/2023 is +4.55 %.

01 October 20231 GHS = 31.86 HUF
02 October 20231 GHS = 31.80 HUF
03 October 20231 GHS = 32.05 HUF
04 October 20231 GHS = 32.10 HUF
05 October 20231 GHS = 31.62 HUF
06 October 20231 GHS = 31.54 HUF
07 October 20231 GHS = 31.36 HUF
09 October 20231 GHS = 31.34 HUF
10 October 20231 GHS = 31.32 HUF
11 October 20231 GHS = 31.09 HUF
12 October 20231 GHS = 31.00 HUF
13 October 20231 GHS = 31.35 HUF
16 October 20231 GHS = 31.40 HUF
17 October 20231 GHS = 31.16 HUF
18 October 20231 GHS = 30.99 HUF
19 October 20231 GHS = 31.02 HUF
20 October 20231 GHS = 30.75 HUF
21 October 20231 GHS = 30.67 HUF
22 October 20231 GHS = 30.68 HUF
23 October 20231 GHS = 30.76 HUF
24 October 20231 GHS = 30.33 HUF
25 October 20231 GHS = 30.64 HUF
26 October 20231 GHS = 30.80 HUF
27 October 20231 GHS = 30.67 HUF
29 October 20231 GHS = 30.63 HUF
30 October 20231 GHS = 30.63 HUF
31 October 20231 GHS = 30.41 HUF

16/09/2019: Ghana Goes Cashless

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

05/07/2012: GHS Symbol Change

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

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

03/07/2007: Decimals Dropped

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

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

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.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

17/07/1978: Second Cedi Introduced

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

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.

06/03/1957: Ghana's Independence

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

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.