Malaysian ringgit ghana cedi exchange rate history (MYR GHS) October 2023

Malaysian ringgit ghana cedi history for October 2023. The highest quote for this month is 2.4968 (13/10/2023) and the lowest 2.4939 (30/10/2023). The difference between high and low is 0.12.

MYR GHS average rate for October 2023 is 2.47308, the change between 01/10/2023 and 31/10/2023 is -1.16 %.

01 October 2023	1 MYR = 2.461 GHS
02 October 2023	1 MYR = 2.471 GHS
03 October 2023	1 MYR = 2.454 GHS
04 October 2023	1 MYR = 2.455 GHS
05 October 2023	1 MYR = 2.464 GHS
06 October 2023	1 MYR = 2.466 GHS
07 October 2023	1 MYR = 2.474 GHS
09 October 2023	1 MYR = 2.479 GHS
10 October 2023	1 MYR = 2.480 GHS
11 October 2023	1 MYR = 2.487 GHS
12 October 2023	1 MYR = 2.487 GHS
13 October 2023	1 MYR = 2.488 GHS
16 October 2023	1 MYR = 2.483 GHS
17 October 2023	1 MYR = 2.480 GHS
18 October 2023	1 MYR = 2.478 GHS
19 October 2023	1 MYR = 2.477 GHS
20 October 2023	1 MYR = 2.467 GHS
21 October 2023	1 MYR = 2.465 GHS
22 October 2023	1 MYR = 2.465 GHS
23 October 2023	1 MYR = 2.461 GHS
24 October 2023	1 MYR = 2.474 GHS
25 October 2023	1 MYR = 2.465 GHS
26 October 2023	1 MYR = 2.472 GHS
27 October 2023	1 MYR = 2.469 GHS
29 October 2023	1 MYR = 2.481 GHS
30 October 2023	1 MYR = 2.481 GHS
31 October 2023	1 MYR = 2.490 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.

Historic Malaysian ringgit Ghana Cedi