Historic Australian dollar Ghana Cedi

Australian dollar ghana cedi history for January 2024. The highest quote for this month is 8.1646 (01/01/2024) and the lowest 8.1616 (01/01/2024). The difference between high and low is 0.04.

AUD GHS average rate for January 2024 is 7.99163, the change between 01/01/2024 and 31/01/2024 is +0.52 %.

01 January 20241 AUD = 8.16 GHS
02 January 20241 AUD = 8.16 GHS
03 January 20241 AUD = 8.05 GHS
04 January 20241 AUD = 8.02 GHS
05 January 20241 AUD = 7.98 GHS
06 January 20241 AUD = 7.98 GHS
07 January 20241 AUD = 7.98 GHS
08 January 20241 AUD = 7.99 GHS
09 January 20241 AUD = 8.00 GHS
10 January 20241 AUD = 7.95 GHS
11 January 20241 AUD = 7.98 GHS
12 January 20241 AUD = 7.98 GHS
14 January 20241 AUD = 7.97 GHS
15 January 20241 AUD = 7.98 GHS
16 January 20241 AUD = 7.96 GHS
17 January 20241 AUD = 7.90 GHS
18 January 20241 AUD = 7.81 GHS
19 January 20241 AUD = 7.87 GHS
22 January 20241 AUD = 7.96 GHS
23 January 20241 AUD = 7.88 GHS
24 January 20241 AUD = 7.89 GHS
25 January 20241 AUD = 7.96 GHS
26 January 20241 AUD = 7.97 GHS
28 January 20241 AUD = 8.03 GHS
29 January 20241 AUD = 8.13 GHS
30 January 20241 AUD = 8.14 GHS
31 January 20241 AUD = 8.12 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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