Ghana Cedi jamaican dollar exchange rate history (GHS JMD) August 2023

Ghana Cedi jamaican dollar history for August 2023. The highest quote for this month is 13.958 (12/08/2023) and the lowest 13.962 (14/08/2023). The difference between high and low is -0.03.

GHS JMD average rate for August 2023 is 13.66969, the change between 01/08/2023 and 31/08/2023 is +2.31 %.

01 August 2023	1 GHS = 13.73 JMD
02 August 2023	1 GHS = 13.78 JMD
03 August 2023	1 GHS = 13.70 JMD
04 August 2023	1 GHS = 13.91 JMD
07 August 2023	1 GHS = 13.57 JMD
08 August 2023	1 GHS = 13.72 JMD
09 August 2023	1 GHS = 13.68 JMD
10 August 2023	1 GHS = 13.71 JMD
11 August 2023	1 GHS = 13.64 JMD
12 August 2023	1 GHS = 13.96 JMD
14 August 2023	1 GHS = 13.72 JMD
15 August 2023	1 GHS = 13.96 JMD
16 August 2023	1 GHS = 13.89 JMD
17 August 2023	1 GHS = 13.70 JMD
18 August 2023	1 GHS = 13.70 JMD
19 August 2023	1 GHS = 13.62 JMD
20 August 2023	1 GHS = 13.62 JMD
21 August 2023	1 GHS = 13.53 JMD
22 August 2023	1 GHS = 13.63 JMD
23 August 2023	1 GHS = 13.67 JMD
24 August 2023	1 GHS = 13.67 JMD
25 August 2023	1 GHS = 13.48 JMD
28 August 2023	1 GHS = 13.53 JMD
29 August 2023	1 GHS = 13.46 JMD
30 August 2023	1 GHS = 13.44 JMD
31 August 2023	1 GHS = 13.41 JMD

16/09/2019: Ghana Goes Cashless

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

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

05/07/2012: GHS Symbol Change

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

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

17/07/1978: Second Cedi Introduced

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

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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.

Historic Ghana Cedi Jamaican Dollar