Ghana Cedi australian dollar exchange rate history (GHS AUD) August 2023

Ghana Cedi australian dollar history for August 2023. The highest quote for this month is 0.13994 (18/08/2023) and the lowest 0.14042 (14/08/2023). The difference between high and low is -0.34.

GHS AUD average rate for August 2023 is 0.13765, the change between 01/08/2023 and 31/08/2023 is -1.27 %.

01 August 2023	1 GHS = 0.1335 AUD
02 August 2023	1 GHS = 0.1361 AUD
03 August 2023	1 GHS = 0.1359 AUD
04 August 2023	1 GHS = 0.1386 AUD
07 August 2023	1 GHS = 0.1358 AUD
08 August 2023	1 GHS = 0.1365 AUD
09 August 2023	1 GHS = 0.1370 AUD
10 August 2023	1 GHS = 0.1373 AUD
11 August 2023	1 GHS = 0.1371 AUD
12 August 2023	1 GHS = 0.1398 AUD
14 August 2023	1 GHS = 0.1375 AUD
15 August 2023	1 GHS = 0.1408 AUD
16 August 2023	1 GHS = 0.1408 AUD
17 August 2023	1 GHS = 0.1392 AUD
18 August 2023	1 GHS = 0.1394 AUD
20 August 2023	1 GHS = 0.1388 AUD
21 August 2023	1 GHS = 0.1384 AUD
22 August 2023	1 GHS = 0.1391 AUD
23 August 2023	1 GHS = 0.1389 AUD
24 August 2023	1 GHS = 0.1378 AUD
25 August 2023	1 GHS = 0.1380 AUD
28 August 2023	1 GHS = 0.1375 AUD
29 August 2023	1 GHS = 0.1367 AUD
30 August 2023	1 GHS = 0.1357 AUD
31 August 2023	1 GHS = 0.1352 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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 Ghana Cedi Australian dollar