Historic Ghana Cedi Malaysian ringgit

Ghana Cedi malaysian ringgit history for February 2024. The highest quote for this month is 0.38615 (09/02/2024) and the lowest 0.38711 (07/02/2024). The difference between high and low is -0.25.

GHS MYR average rate for February 2024 is 0.38347, the change between 01/02/2024 and 29/02/2024 is +1.25 %.

01 February 20241 GHS = 0.3843 MYR
02 February 20241 GHS = 0.3826 MYR
03 February 20241 GHS = 0.3821 MYR
04 February 20241 GHS = 0.3821 MYR
05 February 20241 GHS = 0.3782 MYR
06 February 20241 GHS = 0.3840 MYR
07 February 20241 GHS = 0.3857 MYR
08 February 20241 GHS = 0.3853 MYR
09 February 20241 GHS = 0.3851 MYR
12 February 20241 GHS = 0.3849 MYR
13 February 20241 GHS = 0.3841 MYR
14 February 20241 GHS = 0.3839 MYR
15 February 20241 GHS = 0.3857 MYR
16 February 20241 GHS = 0.3850 MYR
17 February 20241 GHS = 0.3853 MYR
18 February 20241 GHS = 0.3853 MYR
19 February 20241 GHS = 0.3838 MYR
20 February 20241 GHS = 0.3838 MYR
21 February 20241 GHS = 0.3862 MYR
22 February 20241 GHS = 0.3834 MYR
23 February 20241 GHS = 0.3866 MYR
24 February 20241 GHS = 0.3820 MYR
25 February 20241 GHS = 0.3820 MYR
26 February 20241 GHS = 0.3814 MYR
27 February 20241 GHS = 0.3820 MYR
28 February 20241 GHS = 0.3793 MYR
29 February 20241 GHS = 0.3795 MYR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

16/09/2019: Ghana Goes Cashless

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

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

05/07/2012: GHS Symbol Change

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

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

17/07/1978: Second Cedi Introduced

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.
GHS MYR July 2023
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