Historic Cuban peso Ghana Cedi

Cuban peso ghana cedi history for November 2023. The highest quote for this month is 0.49969 (29/11/2023) and the lowest 0.49962 (29/11/2023). The difference between high and low is 0.01.

CUP GHS average rate for November 2023 is 0.49675, the change between 01/11/2023 and 30/11/2023 is -0.85 %.

01 November 20231 CUP = 0.4944 GHS
02 November 20231 CUP = 0.4954 GHS
03 November 20231 CUP = 0.4967 GHS
06 November 20231 CUP = 0.4967 GHS
07 November 20231 CUP = 0.4959 GHS
08 November 20231 CUP = 0.4960 GHS
09 November 20231 CUP = 0.4957 GHS
10 November 20231 CUP = 0.4956 GHS
12 November 20231 CUP = 0.4950 GHS
13 November 20231 CUP = 0.4971 GHS
14 November 20231 CUP = 0.4960 GHS
15 November 20231 CUP = 0.4962 GHS
16 November 20231 CUP = 0.4961 GHS
17 November 20231 CUP = 0.4957 GHS
18 November 20231 CUP = 0.4958 GHS
19 November 20231 CUP = 0.4958 GHS
20 November 20231 CUP = 0.4978 GHS
21 November 20231 CUP = 0.4974 GHS
22 November 20231 CUP = 0.4971 GHS
23 November 20231 CUP = 0.4973 GHS
24 November 20231 CUP = 0.4992 GHS
26 November 20231 CUP = 0.4975 GHS
27 November 20231 CUP = 0.4988 GHS
28 November 20231 CUP = 0.4988 GHS
29 November 20231 CUP = 0.4988 GHS
30 November 20231 CUP = 0.4986 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.