Historic Malaysian ringgit Ghana Cedi

Malaysian ringgit ghana cedi history for November 2023. The highest quote for this month is 2.5743 (30/11/2023) and the lowest 2.5721 (30/11/2023). The difference between high and low is 0.09.

MYR GHS average rate for November 2023 is 2.53872, the change between 01/11/2023 and 30/11/2023 is -2.78 %.

01 November 20231 MYR = 2.490 GHS
02 November 20231 MYR = 2.489 GHS
03 November 20231 MYR = 2.503 GHS
06 November 20231 MYR = 2.499 GHS
07 November 20231 MYR = 2.566 GHS
08 November 20231 MYR = 2.564 GHS
09 November 20231 MYR = 2.540 GHS
10 November 20231 MYR = 2.533 GHS
12 November 20231 MYR = 2.524 GHS
13 November 20231 MYR = 2.532 GHS
14 November 20231 MYR = 2.529 GHS
15 November 20231 MYR = 2.520 GHS
16 November 20231 MYR = 2.548 GHS
17 November 20231 MYR = 2.546 GHS
18 November 20231 MYR = 2.544 GHS
19 November 20231 MYR = 2.544 GHS
20 November 20231 MYR = 2.543 GHS
21 November 20231 MYR = 2.557 GHS
22 November 20231 MYR = 2.561 GHS
23 November 20231 MYR = 2.549 GHS
24 November 20231 MYR = 2.561 GHS
26 November 20231 MYR = 2.550 GHS
27 November 20231 MYR = 2.545 GHS
28 November 20231 MYR = 2.555 GHS
29 November 20231 MYR = 2.559 GHS
30 November 20231 MYR = 2.559 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.