Icelandic Krona ghana cedi exchange rate history (ISK GHS) October 2023

Icelandic Krona ghana cedi history for October 2023. The highest quote for this month is 0.085283 (30/10/2023) and the lowest 0.086121 (31/10/2023). The difference between high and low is -0.98.

ISK GHS average rate for October 2023 is 0.08481, the change between 01/10/2023 and 31/10/2023 is -1.63 %.

02 October 2023	1 ISK = 0.0843 GHS
03 October 2023	1 ISK = 0.0828 GHS
04 October 2023	1 ISK = 0.0833 GHS
05 October 2023	1 ISK = 0.0842 GHS
06 October 2023	1 ISK = 0.0850 GHS
09 October 2023	1 ISK = 0.0854 GHS
10 October 2023	1 ISK = 0.0853 GHS
11 October 2023	1 ISK = 0.0854 GHS
12 October 2023	1 ISK = 0.0852 GHS
13 October 2023	1 ISK = 0.0845 GHS
16 October 2023	1 ISK = 0.0846 GHS
17 October 2023	1 ISK = 0.0849 GHS
18 October 2023	1 ISK = 0.0848 GHS
19 October 2023	1 ISK = 0.0848 GHS
20 October 2023	1 ISK = 0.0852 GHS
23 October 2023	1 ISK = 0.0847 GHS
24 October 2023	1 ISK = 0.0857 GHS
25 October 2023	1 ISK = 0.0852 GHS
26 October 2023	1 ISK = 0.0848 GHS
27 October 2023	1 ISK = 0.0848 GHS
30 October 2023	1 ISK = 0.0853 GHS
31 October 2023	1 ISK = 0.0857 GHS

16/09/2019: Ghana Goes Cashless

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

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

05/07/2012: GHS Symbol Change

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

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.

Historic Icelandic Krona Ghana Cedi