Saudi riyal ghana cedi exchange rate history (SAR GHS) August 2023

Saudi riyal ghana cedi history for August 2023. The highest quote for this month is 3.0463 (30/08/2023) and the lowest 3.0336 (31/08/2023). The difference between high and low is 0.42.

SAR GHS average rate for August 2023 is 2.9875, the change between 01/08/2023 and 31/08/2023 is -2.38 %.

01 August 2023	1 SAR = 2.976 GHS
02 August 2023	1 SAR = 2.962 GHS
03 August 2023	1 SAR = 3.001 GHS
04 August 2023	1 SAR = 2.936 GHS
07 August 2023	1 SAR = 2.987 GHS
08 August 2023	1 SAR = 2.975 GHS
09 August 2023	1 SAR = 2.983 GHS
10 August 2023	1 SAR = 2.974 GHS
11 August 2023	1 SAR = 2.989 GHS
12 August 2023	1 SAR = 2.934 GHS
14 August 2023	1 SAR = 2.984 GHS
15 August 2023	1 SAR = 2.923 GHS
16 August 2023	1 SAR = 2.936 GHS
17 August 2023	1 SAR = 2.990 GHS
18 August 2023	1 SAR = 2.990 GHS
19 August 2023	1 SAR = 3.002 GHS
20 August 2023	1 SAR = 3.001 GHS
21 August 2023	1 SAR = 3.003 GHS
22 August 2023	1 SAR = 2.992 GHS
23 August 2023	1 SAR = 2.989 GHS
24 August 2023	1 SAR = 2.989 GHS
25 August 2023	1 SAR = 3.016 GHS
28 August 2023	1 SAR = 3.024 GHS
29 August 2023	1 SAR = 3.037 GHS
30 August 2023	1 SAR = 3.036 GHS
31 August 2023	1 SAR = 3.047 GHS

16/09/2019: Ghana Goes Cashless

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

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

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.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

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.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

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.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.

Historic Saudi riyal Ghana Cedi