Yemeni Rial ghana cedi exchange rate history (YER GHS) August 2023

Yemeni Rial ghana cedi history for August 2023. The highest quote for this month is 0.047004 (27/08/2023) and the lowest 0.045491 (29/08/2023). The difference between high and low is 3.22.

YER GHS average rate for August 2023 is 0.04483, the change between 01/08/2023 and 31/08/2023 is -2.35 %.

01 August 2023	1 YER = 0.0446 GHS
02 August 2023	1 YER = 0.0444 GHS
03 August 2023	1 YER = 0.0450 GHS
04 August 2023	1 YER = 0.0440 GHS
07 August 2023	1 YER = 0.0449 GHS
08 August 2023	1 YER = 0.0446 GHS
09 August 2023	1 YER = 0.0447 GHS
10 August 2023	1 YER = 0.0446 GHS
11 August 2023	1 YER = 0.0448 GHS
12 August 2023	1 YER = 0.0440 GHS
14 August 2023	1 YER = 0.0448 GHS
15 August 2023	1 YER = 0.0438 GHS
16 August 2023	1 YER = 0.0440 GHS
17 August 2023	1 YER = 0.0448 GHS
18 August 2023	1 YER = 0.0448 GHS
19 August 2023	1 YER = 0.0450 GHS
20 August 2023	1 YER = 0.0450 GHS
21 August 2023	1 YER = 0.0451 GHS
22 August 2023	1 YER = 0.0449 GHS
23 August 2023	1 YER = 0.0448 GHS
24 August 2023	1 YER = 0.0448 GHS
25 August 2023	1 YER = 0.0452 GHS
27 August 2023	1 YER = 0.0454 GHS
28 August 2023	1 YER = 0.0454 GHS
29 August 2023	1 YER = 0.0455 GHS
30 August 2023	1 YER = 0.0455 GHS
31 August 2023	1 YER = 0.0457 GHS

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

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: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

Historic Yemeni Rial Ghana Cedi