Historic Ghana Cedi Malaysian ringgit

Ghana Cedi malaysian ringgit history for January 2024. The highest quote for this month is 0.39416 (18/01/2024) and the lowest 0.39518 (18/01/2024). The difference between high and low is -0.26.

GHS MYR average rate for January 2024 is 0.38922, the change between 01/01/2024 and 31/01/2024 is -0.01 %.

01 January 20241 GHS = 0.3838 MYR
02 January 20241 GHS = 0.3835 MYR
03 January 20241 GHS = 0.3866 MYR
04 January 20241 GHS = 0.3866 MYR
05 January 20241 GHS = 0.3893 MYR
06 January 20241 GHS = 0.3916 MYR
07 January 20241 GHS = 0.3910 MYR
08 January 20241 GHS = 0.3911 MYR
09 January 20241 GHS = 0.3907 MYR
10 January 20241 GHS = 0.3904 MYR
11 January 20241 GHS = 0.3900 MYR
12 January 20241 GHS = 0.3896 MYR
14 January 20241 GHS = 0.3900 MYR
15 January 20241 GHS = 0.3893 MYR
16 January 20241 GHS = 0.3900 MYR
17 January 20241 GHS = 0.3872 MYR
18 January 20241 GHS = 0.3956 MYR
19 January 20241 GHS = 0.3946 MYR
22 January 20241 GHS = 0.3905 MYR
23 January 20241 GHS = 0.3937 MYR
24 January 20241 GHS = 0.3943 MYR
25 January 20241 GHS = 0.3906 MYR
26 January 20241 GHS = 0.3908 MYR
28 January 20241 GHS = 0.3873 MYR
29 January 20241 GHS = 0.3823 MYR
30 January 20241 GHS = 0.3847 MYR
31 January 20241 GHS = 0.3839 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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