Historic Egyptian Pound Ghana Cedi

Egyptian Pound ghana cedi history for January 2024. The highest quote for this month is 0.39989 (26/01/2024) and the lowest 0.40006 (31/01/2024). The difference between high and low is -0.04.

EGP GHS average rate for January 2024 is 0.3889, the change between 01/01/2024 and 31/01/2024 is -2.82 %.

01 January 20241 EGP = 0.3873 GHS
02 January 20241 EGP = 0.3863 GHS
03 January 20241 EGP = 0.3852 GHS
04 January 20241 EGP = 0.3851 GHS
05 January 20241 EGP = 0.3869 GHS
06 January 20241 EGP = 0.3863 GHS
07 January 20241 EGP = 0.3863 GHS
08 January 20241 EGP = 0.3889 GHS
09 January 20241 EGP = 0.3854 GHS
10 January 20241 EGP = 0.3851 GHS
11 January 20241 EGP = 0.3856 GHS
12 January 20241 EGP = 0.3861 GHS
14 January 20241 EGP = 0.3861 GHS
15 January 20241 EGP = 0.3862 GHS
16 January 20241 EGP = 0.3871 GHS
17 January 20241 EGP = 0.3885 GHS
18 January 20241 EGP = 0.3862 GHS
19 January 20241 EGP = 0.3872 GHS
22 January 20241 EGP = 0.3925 GHS
23 January 20241 EGP = 0.3886 GHS
24 January 20241 EGP = 0.3880 GHS
25 January 20241 EGP = 0.3919 GHS
26 January 20241 EGP = 0.3920 GHS
28 January 20241 EGP = 0.3946 GHS
29 January 20241 EGP = 0.4007 GHS
30 January 20241 EGP = 0.3984 GHS
31 January 20241 EGP = 0.3982 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.