Historic Ghana Cedi Icelandic Krona

Ghana Cedi icelandic krona history for January 2024. The highest quote for this month is 11.574 (05/01/2024) and the lowest 11.527 (09/01/2024). The difference between high and low is 0.41.

GHS ISK average rate for January 2024 is 11.38209, the change between 01/01/2024 and 31/01/2024 is +2.25 %.

01 January 20241 GHS = 11.34 ISK
02 January 20241 GHS = 11.33 ISK
03 January 20241 GHS = 11.55 ISK
04 January 20241 GHS = 11.57 ISK
05 January 20241 GHS = 11.53 ISK
08 January 20241 GHS = 11.56 ISK
09 January 20241 GHS = 11.54 ISK
10 January 20241 GHS = 11.54 ISK
11 January 20241 GHS = 11.45 ISK
12 January 20241 GHS = 11.44 ISK
15 January 20241 GHS = 11.44 ISK
16 January 20241 GHS = 11.37 ISK
17 January 20241 GHS = 11.42 ISK
18 January 20241 GHS = 11.50 ISK
19 January 20241 GHS = 11.47 ISK
22 January 20241 GHS = 11.30 ISK
23 January 20241 GHS = 11.35 ISK
24 January 20241 GHS = 11.38 ISK
25 January 20241 GHS = 11.21 ISK
26 January 20241 GHS = 11.26 ISK
29 January 20241 GHS = 11.05 ISK
30 January 20241 GHS = 11.12 ISK
31 January 20241 GHS = 11.09 ISK

16/09/2019: Ghana Goes Cashless

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

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange 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.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.
GHS ISK July 2023
GHS ISK August 2023
GHS ISK September 2023
GHS ISK October 2023
GHS ISK November 2023
GHS ISK December 2023
GHS ISK January 2024
GHS ISK February 2024
GHS ISK March 2024
GHS ISK April 2024
GHS ISK May 2024
GHS ISK June 2024
GHS ISK July 2024