Historic Ghana Cedi Norwegian krone

Ghana Cedi norwegian krone history for November 2023. The highest quote for this month is 0.9457 (01/11/2023) and the lowest 0.9402 (08/11/2023). The difference between high and low is 0.58.

GHS NOK average rate for November 2023 is 0.91695, the change between 01/11/2023 and 30/11/2023 is +5.37 %.

01 November 20231 GHS = 0.9420 NOK
02 November 20231 GHS = 0.9382 NOK
03 November 20231 GHS = 0.9384 NOK
06 November 20231 GHS = 0.9334 NOK
07 November 20231 GHS = 0.9298 NOK
08 November 20231 GHS = 0.9416 NOK
09 November 20231 GHS = 0.9398 NOK
10 November 20231 GHS = 0.9442 NOK
12 November 20231 GHS = 0.9351 NOK
13 November 20231 GHS = 0.9346 NOK
14 November 20231 GHS = 0.9306 NOK
15 November 20231 GHS = 0.9144 NOK
16 November 20231 GHS = 0.9076 NOK
17 November 20231 GHS = 0.9196 NOK
19 November 20231 GHS = 0.9076 NOK
20 November 20231 GHS = 0.9107 NOK
21 November 20231 GHS = 0.8972 NOK
22 November 20231 GHS = 0.8947 NOK
23 November 20231 GHS = 0.9022 NOK
24 November 20231 GHS = 0.8995 NOK
26 November 20231 GHS = 0.8966 NOK
27 November 20231 GHS = 0.8982 NOK
28 November 20231 GHS = 0.8888 NOK
29 November 20231 GHS = 0.8875 NOK
30 November 20231 GHS = 0.8914 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.