Historic Ghana Cedi Norwegian krone

Ghana Cedi norwegian krone history for January 2024. The highest quote for this month is 0.88159 (18/01/2024) and the lowest 0.87832 (18/01/2024). The difference between high and low is 0.37.

GHS NOK average rate for January 2024 is 0.86477, the change between 01/01/2024 and 31/01/2024 is +0.18 %.

01 January 20241 GHS = 0.8494 NOK
02 January 20241 GHS = 0.8466 NOK
03 January 20241 GHS = 0.8692 NOK
04 January 20241 GHS = 0.8681 NOK
05 January 20241 GHS = 0.8648 NOK
06 January 20241 GHS = 0.8664 NOK
07 January 20241 GHS = 0.8664 NOK
08 January 20241 GHS = 0.8660 NOK
09 January 20241 GHS = 0.8705 NOK
10 January 20241 GHS = 0.8714 NOK
11 January 20241 GHS = 0.8693 NOK
12 January 20241 GHS = 0.8632 NOK
15 January 20241 GHS = 0.8623 NOK
16 January 20241 GHS = 0.8650 NOK
17 January 20241 GHS = 0.8722 NOK
18 January 20241 GHS = 0.8811 NOK
19 January 20241 GHS = 0.8807 NOK
22 January 20241 GHS = 0.8684 NOK
23 January 20241 GHS = 0.8766 NOK
24 January 20241 GHS = 0.8763 NOK
25 January 20241 GHS = 0.8649 NOK
26 January 20241 GHS = 0.8622 NOK
29 January 20241 GHS = 0.8434 NOK
30 January 20241 GHS = 0.8469 NOK
31 January 20241 GHS = 0.8479 NOK

16/09/2019: Ghana Goes Cashless

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

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

06/03/1957: Ghana's Independence

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

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.