Historic Ghana Cedi Australian dollar

Ghana Cedi australian dollar history for January 2024. The highest quote for this month is 0.12772 (17/01/2024) and the lowest 0.12759 (18/01/2024). The difference between high and low is 0.1.

GHS AUD average rate for January 2024 is 0.12515, the change between 01/01/2024 and 31/01/2024 is -0.52 %.

01 January 20241 GHS = 0.1225 AUD
02 January 20241 GHS = 0.1226 AUD
03 January 20241 GHS = 0.1242 AUD
04 January 20241 GHS = 0.1248 AUD
05 January 20241 GHS = 0.1253 AUD
06 January 20241 GHS = 0.1253 AUD
07 January 20241 GHS = 0.1253 AUD
08 January 20241 GHS = 0.1252 AUD
09 January 20241 GHS = 0.1251 AUD
10 January 20241 GHS = 0.1258 AUD
11 January 20241 GHS = 0.1254 AUD
12 January 20241 GHS = 0.1252 AUD
14 January 20241 GHS = 0.1255 AUD
15 January 20241 GHS = 0.1253 AUD
16 January 20241 GHS = 0.1257 AUD
17 January 20241 GHS = 0.1265 AUD
18 January 20241 GHS = 0.1280 AUD
19 January 20241 GHS = 0.1271 AUD
22 January 20241 GHS = 0.1256 AUD
23 January 20241 GHS = 0.1268 AUD
24 January 20241 GHS = 0.1267 AUD
25 January 20241 GHS = 0.1257 AUD
26 January 20241 GHS = 0.1255 AUD
28 January 20241 GHS = 0.1246 AUD
29 January 20241 GHS = 0.1230 AUD
30 January 20241 GHS = 0.1229 AUD
31 January 20241 GHS = 0.1232 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.