Historic Ghana Cedi Jamaican Dollar

Ghana Cedi jamaican dollar history for October 2023. The highest quote for this month is 13.339 (01/10/2023) and the lowest 13.339 (01/10/2023). The difference between high and low is 0.

GHS JMD average rate for October 2023 is 13.08074, the change between 01/10/2023 and 31/10/2023 is +3.4 %.

01 October 20231 GHS = 13.34 JMD
02 October 20231 GHS = 13.25 JMD
03 October 20231 GHS = 13.24 JMD
04 October 20231 GHS = 13.22 JMD
05 October 20231 GHS = 13.14 JMD
06 October 20231 GHS = 13.17 JMD
07 October 20231 GHS = 13.22 JMD
09 October 20231 GHS = 13.09 JMD
10 October 20231 GHS = 13.04 JMD
11 October 20231 GHS = 13.03 JMD
12 October 20231 GHS = 13.07 JMD
13 October 20231 GHS = 13.11 JMD
16 October 20231 GHS = 13.09 JMD
17 October 20231 GHS = 13.11 JMD
18 October 20231 GHS = 13.10 JMD
19 October 20231 GHS = 13.12 JMD
20 October 20231 GHS = 13.10 JMD
21 October 20231 GHS = 13.12 JMD
22 October 20231 GHS = 13.12 JMD
23 October 20231 GHS = 13.05 JMD
24 October 20231 GHS = 12.97 JMD
25 October 20231 GHS = 12.98 JMD
26 October 20231 GHS = 12.96 JMD
27 October 20231 GHS = 12.99 JMD
29 October 20231 GHS = 12.83 JMD
30 October 20231 GHS = 12.88 JMD
31 October 20231 GHS = 12.89 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.