Brazilian Real ghana cedi exchange rate history (BRL GHS) November 2023

Brazilian Real ghana cedi history for November 2023. The highest quote for this month is 2.4517 (15/11/2023) and the lowest 2.469 (16/11/2023). The difference between high and low is -0.71.

BRL GHS average rate for November 2023 is 2.42921, the change between 01/11/2023 and 30/11/2023 is -3.52 %.

01 November 2023	1 BRL = 2.354 GHS
02 November 2023	1 BRL = 2.396 GHS
03 November 2023	1 BRL = 2.400 GHS
06 November 2023	1 BRL = 2.410 GHS
07 November 2023	1 BRL = 2.434 GHS
08 November 2023	1 BRL = 2.439 GHS
09 November 2023	1 BRL = 2.422 GHS
10 November 2023	1 BRL = 2.408 GHS
12 November 2023	1 BRL = 2.423 GHS
13 November 2023	1 BRL = 2.426 GHS
14 November 2023	1 BRL = 2.426 GHS
15 November 2023	1 BRL = 2.444 GHS
16 November 2023	1 BRL = 2.448 GHS
17 November 2023	1 BRL = 2.445 GHS
18 November 2023	1 BRL = 2.430 GHS
19 November 2023	1 BRL = 2.426 GHS
20 November 2023	1 BRL = 2.464 GHS
21 November 2023	1 BRL = 2.457 GHS
22 November 2023	1 BRL = 2.431 GHS
23 November 2023	1 BRL = 2.429 GHS
24 November 2023	1 BRL = 2.443 GHS
26 November 2023	1 BRL = 2.439 GHS
27 November 2023	1 BRL = 2.432 GHS
28 November 2023	1 BRL = 2.443 GHS
29 November 2023	1 BRL = 2.454 GHS
30 November 2023	1 BRL = 2.437 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.

Historic Brazilian Real Ghana Cedi