Cuban peso ghana cedi exchange rate history (CUP GHS) August 2023

Cuban peso ghana cedi history for August 2023. The highest quote for this month is 0.47583 (31/08/2023) and the lowest 0.47584 (31/08/2023). The difference between high and low is 0.

CUP GHS average rate for August 2023 is 0.46693, the change between 01/08/2023 and 31/08/2023 is -2.36 %.

01 August 2023	1 CUP = 0.4648 GHS
02 August 2023	1 CUP = 0.4629 GHS
03 August 2023	1 CUP = 0.4684 GHS
04 August 2023	1 CUP = 0.4591 GHS
07 August 2023	1 CUP = 0.4704 GHS
08 August 2023	1 CUP = 0.4652 GHS
09 August 2023	1 CUP = 0.4662 GHS
10 August 2023	1 CUP = 0.4649 GHS
11 August 2023	1 CUP = 0.4673 GHS
12 August 2023	1 CUP = 0.4583 GHS
14 August 2023	1 CUP = 0.4652 GHS
15 August 2023	1 CUP = 0.4565 GHS
16 August 2023	1 CUP = 0.4588 GHS
17 August 2023	1 CUP = 0.4671 GHS
18 August 2023	1 CUP = 0.4671 GHS
20 August 2023	1 CUP = 0.4688 GHS
21 August 2023	1 CUP = 0.4710 GHS
22 August 2023	1 CUP = 0.4679 GHS
23 August 2023	1 CUP = 0.4672 GHS
24 August 2023	1 CUP = 0.4673 GHS
25 August 2023	1 CUP = 0.4714 GHS
28 August 2023	1 CUP = 0.4725 GHS
29 August 2023	1 CUP = 0.4746 GHS
30 August 2023	1 CUP = 0.4746 GHS
31 August 2023	1 CUP = 0.4758 GHS

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

16/09/2019: Ghana Goes Cashless

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

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

05/07/2012: GHS Symbol Change

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

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

03/07/2007: Decimals Dropped

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

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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 Cuban peso Ghana Cedi