Singapore dollar ghana cedi exchange rate history (SGD GHS) August 2023

Singapore dollar ghana cedi history for August 2023. The highest quote for this month is 8.5375 (01/08/2023) and the lowest 8.4319 (31/08/2023). The difference between high and low is 1.24.

SGD GHS average rate for August 2023 is 8.29072, the change between 01/08/2023 and 31/08/2023 is -0.86 %.

01 August 2023	1 SGD = 8.39 GHS
02 August 2023	1 SGD = 8.32 GHS
03 August 2023	1 SGD = 8.38 GHS
04 August 2023	1 SGD = 8.21 GHS
07 August 2023	1 SGD = 8.37 GHS
08 August 2023	1 SGD = 8.32 GHS
09 August 2023	1 SGD = 8.29 GHS
10 August 2023	1 SGD = 8.28 GHS
11 August 2023	1 SGD = 8.30 GHS
12 August 2023	1 SGD = 8.14 GHS
14 August 2023	1 SGD = 8.27 GHS
15 August 2023	1 SGD = 8.08 GHS
16 August 2023	1 SGD = 8.10 GHS
17 August 2023	1 SGD = 8.23 GHS
18 August 2023	1 SGD = 8.25 GHS
20 August 2023	1 SGD = 8.29 GHS
21 August 2023	1 SGD = 8.30 GHS
22 August 2023	1 SGD = 8.26 GHS
23 August 2023	1 SGD = 8.25 GHS
24 August 2023	1 SGD = 8.29 GHS
25 August 2023	1 SGD = 8.33 GHS
28 August 2023	1 SGD = 8.36 GHS
29 August 2023	1 SGD = 8.40 GHS
30 August 2023	1 SGD = 8.43 GHS
31 August 2023	1 SGD = 8.46 GHS

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

16/09/2019: Ghana Goes Cashless

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

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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 Singapore dollar Ghana Cedi