Historic Australian dollar Ghana Cedi

Australian dollar ghana cedi history for February 2024. The highest quote for this month is 8.2089 (23/02/2024) and the lowest 8.2211 (22/02/2024). The difference between high and low is -0.15.

AUD GHS average rate for February 2024 is 8.11027, the change between 01/02/2024 and 29/02/2024 is -1.07 %.

01 February 20241 AUD = 8.07 GHS
02 February 20241 AUD = 8.12 GHS
03 February 20241 AUD = 8.04 GHS
04 February 20241 AUD = 8.04 GHS
05 February 20241 AUD = 8.11 GHS
06 February 20241 AUD = 8.01 GHS
07 February 20241 AUD = 8.06 GHS
08 February 20241 AUD = 8.05 GHS
09 February 20241 AUD = 8.04 GHS
12 February 20241 AUD = 8.07 GHS
13 February 20241 AUD = 8.10 GHS
14 February 20241 AUD = 8.01 GHS
15 February 20241 AUD = 8.06 GHS
16 February 20241 AUD = 8.10 GHS
17 February 20241 AUD = 8.10 GHS
18 February 20241 AUD = 8.10 GHS
19 February 20241 AUD = 8.14 GHS
20 February 20241 AUD = 8.14 GHS
21 February 20241 AUD = 8.14 GHS
22 February 20241 AUD = 8.19 GHS
23 February 20241 AUD = 8.10 GHS
24 February 20241 AUD = 8.20 GHS
25 February 20241 AUD = 8.20 GHS
26 February 20241 AUD = 8.22 GHS
27 February 20241 AUD = 8.17 GHS
28 February 20241 AUD = 8.21 GHS
29 February 20241 AUD = 8.16 GHS

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

16/09/2019: Ghana Goes Cashless

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

05/07/2012: GHS Symbol Change

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

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

17/07/1978: Second Cedi Introduced

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

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
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