Historic Ghana Cedi South Korean Won

Ghana Cedi south korean won history for January 2024. The highest quote for this month is 112.56 (17/01/2024) and the lowest 112 (18/01/2024). The difference between high and low is 0.5.

GHS KRW average rate for January 2024 is 110.17296, the change between 01/01/2024 and 31/01/2024 is +0.31 %.

01 January 20241 GHS = 108.1 KRW
02 January 20241 GHS = 108.0 KRW
03 January 20241 GHS = 109.9 KRW
04 January 20241 GHS = 110.0 KRW
05 January 20241 GHS = 110.2 KRW
06 January 20241 GHS = 110.7 KRW
07 January 20241 GHS = 110.6 KRW
08 January 20241 GHS = 110.4 KRW
09 January 20241 GHS = 110.2 KRW
10 January 20241 GHS = 111.0 KRW
11 January 20241 GHS = 110.7 KRW
12 January 20241 GHS = 110.1 KRW
14 January 20241 GHS = 110.3 KRW
15 January 20241 GHS = 110.0 KRW
16 January 20241 GHS = 110.3 KRW
17 January 20241 GHS = 111.5 KRW
18 January 20241 GHS = 112.8 KRW
19 January 20241 GHS = 111.9 KRW
22 January 20241 GHS = 110.5 KRW
23 January 20241 GHS = 111.6 KRW
24 January 20241 GHS = 111.6 KRW
25 January 20241 GHS = 109.9 KRW
26 January 20241 GHS = 110.4 KRW
28 January 20241 GHS = 109.6 KRW
29 January 20241 GHS = 108.2 KRW
30 January 20241 GHS = 108.4 KRW
31 January 20241 GHS = 107.8 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.
GHS KRW July 2023
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