Ghana Cedi south korean won exchange rate history (GHS KRW) August 2023

Ghana Cedi south korean won history for August 2023. The highest quote for this month is 120.93 (12/08/2023) and the lowest 121.26 (14/08/2023). The difference between high and low is -0.27.

GHS KRW average rate for August 2023 is 118.08615, the change between 01/08/2023 and 31/08/2023 is -1.13 %.

01 August 2023	1 GHS = 114.6 KRW
02 August 2023	1 GHS = 116.1 KRW
03 August 2023	1 GHS = 115.2 KRW
04 August 2023	1 GHS = 117.9 KRW
07 August 2023	1 GHS = 116.3 KRW
08 August 2023	1 GHS = 117.3 KRW
09 August 2023	1 GHS = 117.8 KRW
10 August 2023	1 GHS = 117.9 KRW
11 August 2023	1 GHS = 117.7 KRW
12 August 2023	1 GHS = 120.4 KRW
14 August 2023	1 GHS = 118.8 KRW
15 August 2023	1 GHS = 121.9 KRW
16 August 2023	1 GHS = 121.7 KRW
17 August 2023	1 GHS = 119.9 KRW
18 August 2023	1 GHS = 119.6 KRW
19 August 2023	1 GHS = 119.0 KRW
20 August 2023	1 GHS = 119.0 KRW
21 August 2023	1 GHS = 118.9 KRW
22 August 2023	1 GHS = 119.5 KRW
23 August 2023	1 GHS = 119.6 KRW
24 August 2023	1 GHS = 118.6 KRW
25 August 2023	1 GHS = 117.4 KRW
28 August 2023	1 GHS = 116.8 KRW
29 August 2023	1 GHS = 116.3 KRW
30 August 2023	1 GHS = 116.1 KRW
31 August 2023	1 GHS = 115.9 KRW

16/09/2019: Ghana Goes Cashless

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

Historic Ghana Cedi South Korean Won