Ghana Cedi brazilian real exchange rate history (GHS BRL) August 2023

Ghana Cedi brazilian real history for August 2023. The highest quote for this month is 0.44604 (18/08/2023) and the lowest 0.44655 (14/08/2023). The difference between high and low is -0.11.

GHS BRL average rate for August 2023 is 0.438, the change between 01/08/2023 and 31/08/2023 is -1.07 %.

01 August 2023	1 GHS = 0.4237 BRL
02 August 2023	1 GHS = 0.4317 BRL
03 August 2023	1 GHS = 0.4278 BRL
04 August 2023	1 GHS = 0.4470 BRL
07 August 2023	1 GHS = 0.4360 BRL
08 August 2023	1 GHS = 0.4395 BRL
09 August 2023	1 GHS = 0.4384 BRL
10 August 2023	1 GHS = 0.4398 BRL
11 August 2023	1 GHS = 0.4366 BRL
12 August 2023	1 GHS = 0.4454 BRL
14 August 2023	1 GHS = 0.4387 BRL
15 August 2023	1 GHS = 0.4532 BRL
16 August 2023	1 GHS = 0.4530 BRL
17 August 2023	1 GHS = 0.4453 BRL
18 August 2023	1 GHS = 0.4442 BRL
19 August 2023	1 GHS = 0.4417 BRL
20 August 2023	1 GHS = 0.4417 BRL
21 August 2023	1 GHS = 0.4410 BRL
22 August 2023	1 GHS = 0.4441 BRL
23 August 2023	1 GHS = 0.4408 BRL
24 August 2023	1 GHS = 0.4335 BRL
25 August 2023	1 GHS = 0.4319 BRL
28 August 2023	1 GHS = 0.4297 BRL
29 August 2023	1 GHS = 0.4283 BRL
30 August 2023	1 GHS = 0.4265 BRL
31 August 2023	1 GHS = 0.4283 BRL

16/09/2019: Ghana Goes Cashless

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

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

05/07/2012: GHS Symbol Change

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

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

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.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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 Ghana Cedi Brazilian Real