Ghana Cedi cuban peso exchange rate history (GHS CUP) October 2023

Ghana Cedi cuban peso history for October 2023. The highest quote for this month is 2.0799 (03/10/2023) and the lowest 2.0779 (01/10/2023). The difference between high and low is 0.1.

GHS CUP average rate for October 2023 is 2.04445, the change between 01/10/2023 and 31/10/2023 is +2.72 %.

01 October 2023	1 GHS = 2.078 CUP
02 October 2023	1 GHS = 2.072 CUP
03 October 2023	1 GHS = 2.073 CUP
04 October 2023	1 GHS = 2.069 CUP
05 October 2023	1 GHS = 2.056 CUP
06 October 2023	1 GHS = 2.052 CUP
07 October 2023	1 GHS = 2.060 CUP
09 October 2023	1 GHS = 2.043 CUP
10 October 2023	1 GHS = 2.043 CUP
11 October 2023	1 GHS = 2.041 CUP
12 October 2023	1 GHS = 2.044 CUP
13 October 2023	1 GHS = 2.045 CUP
16 October 2023	1 GHS = 2.043 CUP
17 October 2023	1 GHS = 2.042 CUP
18 October 2023	1 GHS = 2.041 CUP
19 October 2023	1 GHS = 2.041 CUP
20 October 2023	1 GHS = 2.040 CUP
21 October 2023	1 GHS = 2.043 CUP
22 October 2023	1 GHS = 2.043 CUP
23 October 2023	1 GHS = 2.041 CUP
24 October 2023	1 GHS = 2.033 CUP
25 October 2023	1 GHS = 2.032 CUP
26 October 2023	1 GHS = 2.030 CUP
27 October 2023	1 GHS = 2.030 CUP
29 October 2023	1 GHS = 2.025 CUP
30 October 2023	1 GHS = 2.018 CUP
31 October 2023	1 GHS = 2.021 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.

Historic Ghana Cedi Cuban peso