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

Ghana Cedi brazilian real history for October 2023. The highest quote for this month is 0.44689 (07/10/2023) and the lowest 0.44324 (05/10/2023). The difference between high and low is 0.82.

GHS BRL average rate for October 2023 is 0.43135, the change between 01/10/2023 and 31/10/2023 is +2.26 %.

01 October 2023	1 GHS = 0.4357 BRL
02 October 2023	1 GHS = 0.4349 BRL
03 October 2023	1 GHS = 0.4375 BRL
04 October 2023	1 GHS = 0.4458 BRL
05 October 2023	1 GHS = 0.4425 BRL
06 October 2023	1 GHS = 0.4434 BRL
07 October 2023	1 GHS = 0.4418 BRL
09 October 2023	1 GHS = 0.4406 BRL
10 October 2023	1 GHS = 0.4378 BRL
11 October 2023	1 GHS = 0.4299 BRL
12 October 2023	1 GHS = 0.4305 BRL
13 October 2023	1 GHS = 0.4305 BRL
16 October 2023	1 GHS = 0.4301 BRL
17 October 2023	1 GHS = 0.4291 BRL
18 October 2023	1 GHS = 0.4295 BRL
19 October 2023	1 GHS = 0.4304 BRL
20 October 2023	1 GHS = 0.4309 BRL
21 October 2023	1 GHS = 0.4284 BRL
22 October 2023	1 GHS = 0.4285 BRL
23 October 2023	1 GHS = 0.4291 BRL
24 October 2023	1 GHS = 0.4251 BRL
25 October 2023	1 GHS = 0.4230 BRL
26 October 2023	1 GHS = 0.4229 BRL
27 October 2023	1 GHS = 0.4221 BRL
29 October 2023	1 GHS = 0.4231 BRL
30 October 2023	1 GHS = 0.4179 BRL
31 October 2023	1 GHS = 0.4258 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