Historic Egyptian Pound Ghana Cedi

Egyptian Pound ghana cedi history for August 2023. The highest quote for this month is 0.3691 (01/08/2023) and the lowest 0.36952 (31/08/2023). The difference between high and low is -0.11.

EGP GHS average rate for August 2023 is 0.36266, the change between 01/08/2023 and 31/08/2023 is -2.39 %.

01 August 20231 EGP = 0.3611 GHS
02 August 20231 EGP = 0.3595 GHS
03 August 20231 EGP = 0.3642 GHS
04 August 20231 EGP = 0.3557 GHS
07 August 20231 EGP = 0.3643 GHS
08 August 20231 EGP = 0.3610 GHS
09 August 20231 EGP = 0.3620 GHS
10 August 20231 EGP = 0.3610 GHS
11 August 20231 EGP = 0.3629 GHS
12 August 20231 EGP = 0.3566 GHS
14 August 20231 EGP = 0.3610 GHS
15 August 20231 EGP = 0.3548 GHS
16 August 20231 EGP = 0.3563 GHS
17 August 20231 EGP = 0.3628 GHS
18 August 20231 EGP = 0.3629 GHS
19 August 20231 EGP = 0.3647 GHS
20 August 20231 EGP = 0.3641 GHS
21 August 20231 EGP = 0.3665 GHS
22 August 20231 EGP = 0.3631 GHS
23 August 20231 EGP = 0.3628 GHS
24 August 20231 EGP = 0.3628 GHS
25 August 20231 EGP = 0.3660 GHS
28 August 20231 EGP = 0.3669 GHS
29 August 20231 EGP = 0.3686 GHS
30 August 20231 EGP = 0.3679 GHS
31 August 20231 EGP = 0.3697 GHS

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.