Historic Ghana Cedi Australian dollar

Ghana Cedi australian dollar history for December 2023. The highest quote for this month is 0.12752 (07/12/2023) and the lowest 0.12761 (13/12/2023). The difference between high and low is -0.07.

GHS AUD average rate for December 2023 is 0.12471, the change between 01/12/2023 and 31/12/2023 is +2.98 %.

01 December 20231 GHS = 0.1264 AUD
02 December 20231 GHS = 0.1252 AUD
03 December 20231 GHS = 0.1254 AUD
04 December 20231 GHS = 0.1248 AUD
05 December 20231 GHS = 0.1264 AUD
06 December 20231 GHS = 0.1277 AUD
07 December 20231 GHS = 0.1276 AUD
08 December 20231 GHS = 0.1269 AUD
10 December 20231 GHS = 0.1270 AUD
11 December 20231 GHS = 0.1264 AUD
12 December 20231 GHS = 0.1272 AUD
13 December 20231 GHS = 0.1269 AUD
14 December 20231 GHS = 0.1248 AUD
15 December 20231 GHS = 0.1244 AUD
16 December 20231 GHS = 0.1247 AUD
17 December 20231 GHS = 0.1247 AUD
18 December 20231 GHS = 0.1235 AUD
19 December 20231 GHS = 0.1245 AUD
20 December 20231 GHS = 0.1235 AUD
21 December 20231 GHS = 0.1239 AUD
22 December 20231 GHS = 0.1229 AUD
23 December 20231 GHS = 0.1227 AUD
24 December 20231 GHS = 0.1228 AUD
25 December 20231 GHS = 0.1225 AUD
26 December 20231 GHS = 0.1225 AUD
27 December 20231 GHS = 0.1224 AUD
28 December 20231 GHS = 0.1219 AUD
29 December 20231 GHS = 0.1226 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.