Georgian Lari ghana cedi exchange rate history (GEL GHS) February 2024

Georgian Lari ghana cedi history for February 2024. The highest quote for this month is 4.766 (29/02/2024) and the lowest 4.7418 (28/02/2024). The difference between high and low is 0.51.

GEL GHS average rate for February 2024 is 4.69418, the change between 01/02/2024 and 29/02/2024 is -2.93 %.

01 February 2024	1 GEL = 4.604 GHS
02 February 2024	1 GEL = 4.631 GHS
03 February 2024	1 GEL = 4.641 GHS
05 February 2024	1 GEL = 4.688 GHS
06 February 2024	1 GEL = 4.658 GHS
07 February 2024	1 GEL = 4.657 GHS
08 February 2024	1 GEL = 4.662 GHS
09 February 2024	1 GEL = 4.677 GHS
12 February 2024	1 GEL = 4.679 GHS
13 February 2024	1 GEL = 4.693 GHS
14 February 2024	1 GEL = 4.698 GHS
15 February 2024	1 GEL = 4.700 GHS
16 February 2024	1 GEL = 4.709 GHS
17 February 2024	1 GEL = 4.709 GHS
19 February 2024	1 GEL = 4.727 GHS
20 February 2024	1 GEL = 4.731 GHS
21 February 2024	1 GEL = 4.710 GHS
22 February 2024	1 GEL = 4.735 GHS
23 February 2024	1 GEL = 4.677 GHS
24 February 2024	1 GEL = 4.730 GHS
26 February 2024	1 GEL = 4.736 GHS
27 February 2024	1 GEL = 4.730 GHS
28 February 2024	1 GEL = 4.743 GHS
29 February 2024	1 GEL = 4.739 GHS

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

16/09/2019: Ghana Goes Cashless

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

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

05/07/2012: GHS Symbol Change

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

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

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.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

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.

Historic Georgian Lari Ghana Cedi