Historic Brazilian Real Ghana Cedi

Brazilian Real ghana cedi history for February 2024. The highest quote for this month is 2.5344 (28/02/2024) and the lowest 2.5554 (28/02/2024). The difference between high and low is -0.83.

BRL GHS average rate for February 2024 is 2.5035, the change between 01/02/2024 and 29/02/2024 is -1.8 %.

01 February 20241 BRL = 2.484 GHS
02 February 20241 BRL = 2.513 GHS
03 February 20241 BRL = 2.483 GHS
04 February 20241 BRL = 2.483 GHS
05 February 20241 BRL = 2.527 GHS
06 February 20241 BRL = 2.498 GHS
07 February 20241 BRL = 2.489 GHS
08 February 20241 BRL = 2.485 GHS
09 February 20241 BRL = 2.480 GHS
12 February 20241 BRL = 2.498 GHS
13 February 20241 BRL = 2.504 GHS
14 February 20241 BRL = 2.506 GHS
15 February 20241 BRL = 2.496 GHS
16 February 20241 BRL = 2.496 GHS
17 February 20241 BRL = 2.497 GHS
18 February 20241 BRL = 2.496 GHS
19 February 20241 BRL = 2.507 GHS
20 February 20241 BRL = 2.515 GHS
21 February 20241 BRL = 2.521 GHS
22 February 20241 BRL = 2.533 GHS
23 February 20241 BRL = 2.489 GHS
24 February 20241 BRL = 2.503 GHS
25 February 20241 BRL = 2.503 GHS
26 February 20241 BRL = 2.507 GHS
27 February 20241 BRL = 2.511 GHS
28 February 20241 BRL = 2.544 GHS
29 February 20241 BRL = 2.529 GHS

16/09/2019: Ghana Goes Cashless

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

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

05/07/2012: GHS Symbol Change

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

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

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.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.
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