Historic South Korean Won Ghana Cedi

South Korean Won ghana cedi history for January 2024. The highest quote for this month is 0.009263 (01/01/2024) and the lowest 0.009281 (31/01/2024). The difference between high and low is -0.19.

KRW GHS average rate for January 2024 is 0.00908, the change between 01/01/2024 and 31/01/2024 is -0.31 %.

01 January 20241 KRW = 0.0093 GHS
02 January 20241 KRW = 0.0093 GHS
03 January 20241 KRW = 0.0091 GHS
04 January 20241 KRW = 0.0091 GHS
05 January 20241 KRW = 0.0091 GHS
06 January 20241 KRW = 0.0090 GHS
07 January 20241 KRW = 0.0090 GHS
08 January 20241 KRW = 0.0091 GHS
09 January 20241 KRW = 0.0091 GHS
10 January 20241 KRW = 0.0090 GHS
11 January 20241 KRW = 0.0090 GHS
12 January 20241 KRW = 0.0091 GHS
14 January 20241 KRW = 0.0091 GHS
15 January 20241 KRW = 0.0091 GHS
16 January 20241 KRW = 0.0091 GHS
17 January 20241 KRW = 0.0090 GHS
18 January 20241 KRW = 0.0089 GHS
19 January 20241 KRW = 0.0089 GHS
22 January 20241 KRW = 0.0091 GHS
23 January 20241 KRW = 0.0090 GHS
24 January 20241 KRW = 0.0090 GHS
25 January 20241 KRW = 0.0091 GHS
26 January 20241 KRW = 0.0091 GHS
28 January 20241 KRW = 0.0091 GHS
29 January 20241 KRW = 0.0092 GHS
30 January 20241 KRW = 0.0092 GHS
31 January 20241 KRW = 0.0093 GHS

16/09/2019: Ghana Goes Cashless

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

06/03/1957: Ghana's Independence

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

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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