Historic Jamaican Dollar Ghana Cedi

Jamaican Dollar ghana cedi history for September 2023. The highest quote for this month is 0.075547 (28/09/2023) and the lowest 0.075502 (29/09/2023). The difference between high and low is 0.06.

JMD GHS average rate for September 2023 is 0.075, the change between 01/09/2023 and 30/09/2023 is -0.58 %.

01 September 20231 JMD = 0.0745 GHS
04 September 20231 JMD = 0.0747 GHS
05 September 20231 JMD = 0.0745 GHS
06 September 20231 JMD = 0.0748 GHS
07 September 20231 JMD = 0.0746 GHS
08 September 20231 JMD = 0.0748 GHS
11 September 20231 JMD = 0.0746 GHS
12 September 20231 JMD = 0.0750 GHS
13 September 20231 JMD = 0.0750 GHS
14 September 20231 JMD = 0.0749 GHS
15 September 20231 JMD = 0.0751 GHS
18 September 20231 JMD = 0.0750 GHS
19 September 20231 JMD = 0.0750 GHS
20 September 20231 JMD = 0.0752 GHS
21 September 20231 JMD = 0.0751 GHS
22 September 20231 JMD = 0.0751 GHS
23 September 20231 JMD = 0.0750 GHS
24 September 20231 JMD = 0.0750 GHS
25 September 20231 JMD = 0.0751 GHS
26 September 20231 JMD = 0.0755 GHS
27 September 20231 JMD = 0.0755 GHS
28 September 20231 JMD = 0.0755 GHS
29 September 20231 JMD = 0.0756 GHS
30 September 20231 JMD = 0.0750 GHS

16/09/2019: Ghana Goes Cashless

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

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

05/07/2012: GHS Symbol Change

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

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

17/07/1978: Second Cedi Introduced

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

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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.