Historic Malaysian ringgit Ghana Cedi

Malaysian ringgit ghana cedi history for February 2024. The highest quote for this month is 2.6501 (29/02/2024) and the lowest 2.6481 (29/02/2024). The difference between high and low is 0.08.

MYR GHS average rate for February 2024 is 2.60785, the change between 01/02/2024 and 29/02/2024 is -1.27 %.

01 February 20241 MYR = 2.602 GHS
02 February 20241 MYR = 2.613 GHS
03 February 20241 MYR = 2.617 GHS
04 February 20241 MYR = 2.617 GHS
05 February 20241 MYR = 2.644 GHS
06 February 20241 MYR = 2.605 GHS
07 February 20241 MYR = 2.593 GHS
08 February 20241 MYR = 2.595 GHS
09 February 20241 MYR = 2.597 GHS
12 February 20241 MYR = 2.598 GHS
13 February 20241 MYR = 2.604 GHS
14 February 20241 MYR = 2.605 GHS
15 February 20241 MYR = 2.593 GHS
16 February 20241 MYR = 2.597 GHS
17 February 20241 MYR = 2.595 GHS
18 February 20241 MYR = 2.595 GHS
19 February 20241 MYR = 2.605 GHS
20 February 20241 MYR = 2.605 GHS
21 February 20241 MYR = 2.590 GHS
22 February 20241 MYR = 2.608 GHS
23 February 20241 MYR = 2.586 GHS
24 February 20241 MYR = 2.618 GHS
25 February 20241 MYR = 2.618 GHS
26 February 20241 MYR = 2.622 GHS
27 February 20241 MYR = 2.618 GHS
28 February 20241 MYR = 2.637 GHS
29 February 20241 MYR = 2.635 GHS

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

16/09/2019: Ghana Goes Cashless

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

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

17/07/1978: Second Cedi Introduced

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.