Historic Japanese Yen Ghana Cedi

Japanese Yen ghana cedi history for August 2023. The highest quote for this month is 0.079588 (01/08/2023) and the lowest 0.078951 (02/08/2023). The difference between high and low is 0.8.

JPY GHS average rate for August 2023 is 0.07733, the change between 01/08/2023 and 31/08/2023 is +0.27 %.

01 August 20231 JPY = 0.0783 GHS
02 August 20231 JPY = 0.0776 GHS
03 August 20231 JPY = 0.0784 GHS
04 August 20231 JPY = 0.0771 GHS
07 August 20231 JPY = 0.0790 GHS
08 August 20231 JPY = 0.0782 GHS
09 August 20231 JPY = 0.0780 GHS
10 August 20231 JPY = 0.0775 GHS
11 August 20231 JPY = 0.0773 GHS
12 August 20231 JPY = 0.0759 GHS
14 August 20231 JPY = 0.0773 GHS
15 August 20231 JPY = 0.0753 GHS
16 August 20231 JPY = 0.0755 GHS
17 August 20231 JPY = 0.0765 GHS
18 August 20231 JPY = 0.0769 GHS
20 August 20231 JPY = 0.0774 GHS
21 August 20231 JPY = 0.0775 GHS
22 August 20231 JPY = 0.0767 GHS
23 August 20231 JPY = 0.0768 GHS
24 August 20231 JPY = 0.0774 GHS
25 August 20231 JPY = 0.0774 GHS
28 August 20231 JPY = 0.0773 GHS
29 August 20231 JPY = 0.0777 GHS
30 August 20231 JPY = 0.0779 GHS
31 August 20231 JPY = 0.0781 GHS

16/09/2019: Ghana Goes Cashless

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

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate 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.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

17/07/1978: Second Cedi Introduced

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

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.