Historic Malaysian ringgit Ghana Cedi

Malaysian ringgit ghana cedi history for January 2024. The highest quote for this month is 2.6159 (29/01/2024) and the lowest 2.6077 (01/01/2024). The difference between high and low is 0.31.

MYR GHS average rate for January 2024 is 2.56943, the change between 01/01/2024 and 31/01/2024 is +0.02 %.

01 January 20241 MYR = 2.605 GHS
02 January 20241 MYR = 2.608 GHS
03 January 20241 MYR = 2.586 GHS
04 January 20241 MYR = 2.586 GHS
05 January 20241 MYR = 2.569 GHS
06 January 20241 MYR = 2.554 GHS
07 January 20241 MYR = 2.557 GHS
08 January 20241 MYR = 2.557 GHS
09 January 20241 MYR = 2.560 GHS
10 January 20241 MYR = 2.562 GHS
11 January 20241 MYR = 2.564 GHS
12 January 20241 MYR = 2.567 GHS
14 January 20241 MYR = 2.564 GHS
15 January 20241 MYR = 2.569 GHS
16 January 20241 MYR = 2.564 GHS
17 January 20241 MYR = 2.583 GHS
18 January 20241 MYR = 2.528 GHS
19 January 20241 MYR = 2.535 GHS
22 January 20241 MYR = 2.561 GHS
23 January 20241 MYR = 2.540 GHS
24 January 20241 MYR = 2.536 GHS
25 January 20241 MYR = 2.560 GHS
26 January 20241 MYR = 2.559 GHS
28 January 20241 MYR = 2.582 GHS
29 January 20241 MYR = 2.616 GHS
30 January 20241 MYR = 2.599 GHS
31 January 20241 MYR = 2.605 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.
MYR GHS July 2023
MYR GHS August 2023
MYR GHS September 2023
MYR GHS October 2023
MYR GHS November 2023
MYR GHS December 2023
MYR GHS January 2024
MYR GHS February 2024
MYR GHS March 2024
MYR GHS April 2024
MYR GHS May 2024
MYR GHS June 2024
MYR GHS July 2024