Ghana Cedi icelandic krona exchange rate history (GHS ISK) November 2023

Ghana Cedi icelandic krona history for November 2023. The highest quote for this month is 12.05 (14/11/2023) and the lowest 11.974 (15/11/2023). The difference between high and low is 0.63.

GHS ISK average rate for November 2023 is 11.7455, the change between 01/11/2023 and 30/11/2023 is +2.46 %.

01 November 2023	1 GHS = 11.74 ISK
02 November 2023	1 GHS = 11.73 ISK
03 November 2023	1 GHS = 11.71 ISK
06 November 2023	1 GHS = 11.74 ISK
07 November 2023	1 GHS = 11.79 ISK
08 November 2023	1 GHS = 11.82 ISK
09 November 2023	1 GHS = 11.81 ISK
10 November 2023	1 GHS = 11.91 ISK
13 November 2023	1 GHS = 11.95 ISK
14 November 2023	1 GHS = 12.06 ISK
15 November 2023	1 GHS = 11.84 ISK
16 November 2023	1 GHS = 11.87 ISK
17 November 2023	1 GHS = 11.86 ISK
20 November 2023	1 GHS = 11.77 ISK
21 November 2023	1 GHS = 11.66 ISK
22 November 2023	1 GHS = 11.75 ISK
23 November 2023	1 GHS = 11.84 ISK
24 November 2023	1 GHS = 11.69 ISK
27 November 2023	1 GHS = 11.52 ISK
28 November 2023	1 GHS = 11.46 ISK
29 November 2023	1 GHS = 11.44 ISK
30 November 2023	1 GHS = 11.45 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.

Historic Ghana Cedi Icelandic Krona