Historic Ghana Cedi Jamaican Dollar

Ghana Cedi jamaican dollar history for January 2024. The highest quote for this month is 12.988 (14/01/2024) and the lowest 12.987 (14/01/2024). The difference between high and low is 0.01.

GHS JMD average rate for January 2024 is 12.7903, the change between 01/01/2024 and 31/01/2024 is +2.5 %.

01 January 20241 GHS = 12.80 JMD
02 January 20241 GHS = 12.80 JMD
03 January 20241 GHS = 12.83 JMD
04 January 20241 GHS = 12.82 JMD
05 January 20241 GHS = 12.83 JMD
06 January 20241 GHS = 12.94 JMD
07 January 20241 GHS = 12.94 JMD
08 January 20241 GHS = 12.82 JMD
09 January 20241 GHS = 12.83 JMD
10 January 20241 GHS = 12.85 JMD
11 January 20241 GHS = 12.87 JMD
12 January 20241 GHS = 12.86 JMD
14 January 20241 GHS = 12.99 JMD
15 January 20241 GHS = 12.87 JMD
16 January 20241 GHS = 12.84 JMD
17 January 20241 GHS = 12.84 JMD
18 January 20241 GHS = 12.87 JMD
19 January 20241 GHS = 12.85 JMD
22 January 20241 GHS = 12.74 JMD
23 January 20241 GHS = 12.79 JMD
24 January 20241 GHS = 12.83 JMD
25 January 20241 GHS = 12.73 JMD
26 January 20241 GHS = 12.74 JMD
28 January 20241 GHS = 12.62 JMD
29 January 20241 GHS = 12.48 JMD
30 January 20241 GHS = 12.50 JMD
31 January 20241 GHS = 12.48 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.