Historic Ghana Cedi Danish Krone

Ghana Cedi danish krone history for August 2023. The highest quote for this month is 0.61855 (12/08/2023) and the lowest 0.62091 (14/08/2023). The difference between high and low is -0.38.

GHS DKK average rate for August 2023 is 0.61005, the change between 01/08/2023 and 31/08/2023 is +1.7 %.

01 August 20231 GHS = 0.6077 DKK
02 August 20231 GHS = 0.6098 DKK
03 August 20231 GHS = 0.6055 DKK
04 August 20231 GHS = 0.6185 DKK
07 August 20231 GHS = 0.6044 DKK
08 August 20231 GHS = 0.6076 DKK
09 August 20231 GHS = 0.6084 DKK
10 August 20231 GHS = 0.6090 DKK
11 August 20231 GHS = 0.6057 DKK
12 August 20231 GHS = 0.6186 DKK
14 August 20231 GHS = 0.6082 DKK
15 August 20231 GHS = 0.6239 DKK
16 August 20231 GHS = 0.6213 DKK
17 August 20231 GHS = 0.6118 DKK
18 August 20231 GHS = 0.6118 DKK
21 August 20231 GHS = 0.6084 DKK
22 August 20231 GHS = 0.6099 DKK
23 August 20231 GHS = 0.6135 DKK
24 August 20231 GHS = 0.6125 DKK
25 August 20231 GHS = 0.6106 DKK
28 August 20231 GHS = 0.6091 DKK
29 August 20231 GHS = 0.6051 DKK
30 August 20231 GHS = 0.6028 DKK
31 August 20231 GHS = 0.5974 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.