Historic Norwegian krone Ghana Cedi

Norwegian krone ghana cedi history for November 2023. The highest quote for this month is 1.1184 (29/11/2023) and the lowest 1.1267 (29/11/2023). The difference between high and low is -0.74.

NOK GHS average rate for November 2023 is 1.09106, the change between 01/11/2023 and 30/11/2023 is -5.68 %.

01 November 20231 NOK = 1.062 GHS
02 November 20231 NOK = 1.066 GHS
03 November 20231 NOK = 1.066 GHS
06 November 20231 NOK = 1.071 GHS
07 November 20231 NOK = 1.076 GHS
08 November 20231 NOK = 1.062 GHS
09 November 20231 NOK = 1.064 GHS
10 November 20231 NOK = 1.059 GHS
12 November 20231 NOK = 1.069 GHS
13 November 20231 NOK = 1.070 GHS
14 November 20231 NOK = 1.075 GHS
15 November 20231 NOK = 1.094 GHS
16 November 20231 NOK = 1.102 GHS
17 November 20231 NOK = 1.088 GHS
19 November 20231 NOK = 1.102 GHS
20 November 20231 NOK = 1.098 GHS
21 November 20231 NOK = 1.115 GHS
22 November 20231 NOK = 1.118 GHS
23 November 20231 NOK = 1.108 GHS
24 November 20231 NOK = 1.112 GHS
26 November 20231 NOK = 1.115 GHS
27 November 20231 NOK = 1.113 GHS
28 November 20231 NOK = 1.125 GHS
29 November 20231 NOK = 1.127 GHS
30 November 20231 NOK = 1.122 GHS

16/09/2019: Ghana Goes Cashless

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

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

06/03/1957: Ghana's Independence

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

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.