Historic Ghana Cedi Indonesian Rupiah

Ghana Cedi indonesian rupiah history for August 2023. The highest quote for this month is 1383.73 (12/08/2023) and the lowest 1395.42 (14/08/2023). The difference between high and low is -0.84.

GHS IDR average rate for August 2023 is 1362.52731, the change between 01/08/2023 and 31/08/2023 is +1.59 %.

01 August 20231 GHS = 1354.62 IDR
02 August 20231 GHS = 1363.15 IDR
03 August 20231 GHS = 1353.53 IDR
04 August 20231 GHS = 1378.27 IDR
07 August 20231 GHS = 1353.27 IDR
08 August 20231 GHS = 1366.62 IDR
09 August 20231 GHS = 1360.96 IDR
10 August 20231 GHS = 1364.52 IDR
11 August 20231 GHS = 1362.08 IDR
12 August 20231 GHS = 1383.73 IDR
14 August 20231 GHS = 1368.31 IDR
15 August 20231 GHS = 1401.55 IDR
16 August 20231 GHS = 1391.95 IDR
17 August 20231 GHS = 1371.61 IDR
18 August 20231 GHS = 1371.65 IDR
19 August 20231 GHS = 1358.13 IDR
20 August 20231 GHS = 1358.13 IDR
21 August 20231 GHS = 1356.60 IDR
22 August 20231 GHS = 1366.54 IDR
23 August 20231 GHS = 1367.59 IDR
24 August 20231 GHS = 1365.54 IDR
25 August 20231 GHS = 1348.58 IDR
28 August 20231 GHS = 1348.94 IDR
29 August 20231 GHS = 1340.82 IDR
30 August 20231 GHS = 1335.99 IDR
31 August 20231 GHS = 1333.03 IDR

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

16/09/2019: Ghana Goes Cashless

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

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

05/07/2012: GHS Symbol Change

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

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

17/07/1978: Second Cedi Introduced

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

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

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.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.