Historic Australian dollar Ghana Cedi

Australian dollar ghana cedi history for November 2023. The highest quote for this month is 7.9121 (29/11/2023) and the lowest 7.96 (28/11/2023). The difference between high and low is -0.61.

AUD GHS average rate for November 2023 is 7.72634, the change between 01/11/2023 and 30/11/2023 is -5.28 %.

01 November 20231 AUD = 7.51 GHS
02 November 20231 AUD = 7.62 GHS
03 November 20231 AUD = 7.64 GHS
06 November 20231 AUD = 7.70 GHS
07 November 20231 AUD = 7.72 GHS
08 November 20231 AUD = 7.64 GHS
09 November 20231 AUD = 7.62 GHS
10 November 20231 AUD = 7.56 GHS
12 November 20231 AUD = 7.55 GHS
13 November 20231 AUD = 7.56 GHS
14 November 20231 AUD = 7.59 GHS
15 November 20231 AUD = 7.73 GHS
16 November 20231 AUD = 7.75 GHS
17 November 20231 AUD = 7.69 GHS
18 November 20231 AUD = 7.75 GHS
19 November 20231 AUD = 7.76 GHS
20 November 20231 AUD = 7.74 GHS
21 November 20231 AUD = 7.82 GHS
22 November 20231 AUD = 7.81 GHS
23 November 20231 AUD = 7.80 GHS
24 November 20231 AUD = 7.86 GHS
26 November 20231 AUD = 7.86 GHS
27 November 20231 AUD = 7.84 GHS
28 November 20231 AUD = 7.91 GHS
29 November 20231 AUD = 7.96 GHS
30 November 20231 AUD = 7.91 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.