Historic Indian Rupee Ghana Cedi

Indian Rupee ghana cedi history for October 2023. The highest quote for this month is 0.14271 (27/10/2023) and the lowest 0.1454 (25/10/2023). The difference between high and low is -1.88.

INR GHS average rate for October 2023 is 0.14091, the change between 01/10/2023 and 31/10/2023 is -2.24 %.

01 October 20231 INR = 0.1391 GHS
02 October 20231 INR = 0.1397 GHS
03 October 20231 INR = 0.1388 GHS
04 October 20231 INR = 0.1393 GHS
05 October 20231 INR = 0.1396 GHS
06 October 20231 INR = 0.1400 GHS
07 October 20231 INR = 0.1402 GHS
09 October 20231 INR = 0.1405 GHS
10 October 20231 INR = 0.1409 GHS
11 October 20231 INR = 0.1411 GHS
12 October 20231 INR = 0.1410 GHS
13 October 20231 INR = 0.1408 GHS
16 October 20231 INR = 0.1409 GHS
17 October 20231 INR = 0.1411 GHS
18 October 20231 INR = 0.1409 GHS
19 October 20231 INR = 0.1411 GHS
20 October 20231 INR = 0.1414 GHS
21 October 20231 INR = 0.1413 GHS
22 October 20231 INR = 0.1413 GHS
23 October 20231 INR = 0.1410 GHS
24 October 20231 INR = 0.1420 GHS
25 October 20231 INR = 0.1422 GHS
26 October 20231 INR = 0.1420 GHS
27 October 20231 INR = 0.1418 GHS
29 October 20231 INR = 0.1424 GHS
30 October 20231 INR = 0.1421 GHS
31 October 20231 INR = 0.1423 GHS

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

16/09/2019: Ghana Goes Cashless

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

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

06/03/1957: Ghana's Independence

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

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.