Historic Ghana Cedi Ugandan Shilling

Ghana Cedi ugandan shilling history for August 2023. The highest quote for this month is 338.95 (12/08/2023) and the lowest 338.95 (12/08/2023). The difference between high and low is 0.

GHS UGX average rate for August 2023 is 326.50296, the change between 01/08/2023 and 31/08/2023 is -0.59 %.

01 August 20231 GHS = 320.8 UGX
02 August 20231 GHS = 323.3 UGX
03 August 20231 GHS = 319.2 UGX
04 August 20231 GHS = 323.8 UGX
07 August 20231 GHS = 316.5 UGX
08 August 20231 GHS = 320.3 UGX
09 August 20231 GHS = 320.2 UGX
10 August 20231 GHS = 324.3 UGX
11 August 20231 GHS = 329.4 UGX
12 August 20231 GHS = 339.0 UGX
14 August 20231 GHS = 330.8 UGX
15 August 20231 GHS = 335.7 UGX
16 August 20231 GHS = 335.4 UGX
17 August 20231 GHS = 329.3 UGX
18 August 20231 GHS = 329.3 UGX
19 August 20231 GHS = 331.6 UGX
20 August 20231 GHS = 331.6 UGX
21 August 20231 GHS = 327.1 UGX
22 August 20231 GHS = 328.8 UGX
23 August 20231 GHS = 328.9 UGX
24 August 20231 GHS = 327.8 UGX
25 August 20231 GHS = 324.6 UGX
27 August 20231 GHS = 327.2 UGX
28 August 20231 GHS = 322.6 UGX
29 August 20231 GHS = 322.0 UGX
30 August 20231 GHS = 323.5 UGX
31 August 20231 GHS = 322.7 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

16/09/2019: Ghana Goes Cashless

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

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

05/07/2012: GHS Symbol Change

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

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

03/07/2007: Decimals Dropped

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

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

17/07/1978: Second Cedi Introduced

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

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

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.