Historic Ghana Cedi Cuban peso

Ghana Cedi cuban peso history for February 2024. The highest quote for this month is 1.9452 (01/02/2024) and the lowest 1.9501 (01/02/2024). The difference between high and low is -0.25.

GHS CUP average rate for February 2024 is 1.93102, the change between 01/02/2024 and 29/02/2024 is +2.1 %.

01 February 20241 GHS = 1.946 CUP
02 February 20241 GHS = 1.941 CUP
03 February 20241 GHS = 1.945 CUP
04 February 20241 GHS = 1.945 CUP
05 February 20241 GHS = 1.941 CUP
06 February 20241 GHS = 1.941 CUP
07 February 20241 GHS = 1.942 CUP
08 February 20241 GHS = 1.941 CUP
09 February 20241 GHS = 1.938 CUP
12 February 20241 GHS = 1.936 CUP
13 February 20241 GHS = 1.933 CUP
14 February 20241 GHS = 1.932 CUP
15 February 20241 GHS = 1.933 CUP
16 February 20241 GHS = 1.931 CUP
17 February 20241 GHS = 1.936 CUP
18 February 20241 GHS = 1.936 CUP
19 February 20241 GHS = 1.926 CUP
20 February 20241 GHS = 1.923 CUP
21 February 20241 GHS = 1.930 CUP
22 February 20241 GHS = 1.918 CUP
23 February 20241 GHS = 1.941 CUP
24 February 20241 GHS = 1.920 CUP
25 February 20241 GHS = 1.920 CUP
26 February 20241 GHS = 1.914 CUP
27 February 20241 GHS = 1.917 CUP
28 February 20241 GHS = 1.910 CUP
29 February 20241 GHS = 1.905 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

16/09/2019: Ghana Goes Cashless

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

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

05/07/2012: GHS Symbol Change

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

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

03/07/2007: Decimals Dropped

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

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.