Historic Danish Krone Ghana Cedi

Danish Krone ghana cedi history for August 2023. The highest quote for this month is 1.6783 (01/08/2023) and the lowest 1.6681 (31/08/2023). The difference between high and low is 0.61.

DKK GHS average rate for August 2023 is 1.63935, the change between 01/08/2023 and 31/08/2023 is -1.73 %.

01 August 20231 DKK = 1.646 GHS
02 August 20231 DKK = 1.640 GHS
03 August 20231 DKK = 1.652 GHS
04 August 20231 DKK = 1.617 GHS
07 August 20231 DKK = 1.655 GHS
08 August 20231 DKK = 1.646 GHS
09 August 20231 DKK = 1.644 GHS
10 August 20231 DKK = 1.642 GHS
11 August 20231 DKK = 1.651 GHS
12 August 20231 DKK = 1.617 GHS
14 August 20231 DKK = 1.644 GHS
15 August 20231 DKK = 1.603 GHS
16 August 20231 DKK = 1.610 GHS
17 August 20231 DKK = 1.635 GHS
18 August 20231 DKK = 1.634 GHS
21 August 20231 DKK = 1.644 GHS
22 August 20231 DKK = 1.640 GHS
23 August 20231 DKK = 1.630 GHS
24 August 20231 DKK = 1.633 GHS
25 August 20231 DKK = 1.638 GHS
28 August 20231 DKK = 1.642 GHS
29 August 20231 DKK = 1.653 GHS
30 August 20231 DKK = 1.659 GHS
31 August 20231 DKK = 1.674 GHS

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.