Historic Ghana Cedi Danish Krone

Ghana Cedi danish krone history for February 2024. The highest quote for this month is 0.56275 (06/02/2024) and the lowest 0.56306 (07/02/2024). The difference between high and low is -0.06.

GHS DKK average rate for February 2024 is 0.55624, the change between 01/02/2024 and 29/02/2024 is +2.4 %.

01 February 20241 GHS = 0.5610 DKK
02 February 20241 GHS = 0.5550 DKK
03 February 20241 GHS = 0.5597 DKK
04 February 20241 GHS = 0.5597 DKK
05 February 20241 GHS = 0.5547 DKK
06 February 20241 GHS = 0.5614 DKK
07 February 20241 GHS = 0.5615 DKK
08 February 20241 GHS = 0.5604 DKK
09 February 20241 GHS = 0.5587 DKK
12 February 20241 GHS = 0.5580 DKK
13 February 20241 GHS = 0.5580 DKK
14 February 20241 GHS = 0.5609 DKK
15 February 20241 GHS = 0.5602 DKK
16 February 20241 GHS = 0.5575 DKK
17 February 20241 GHS = 0.5579 DKK
18 February 20241 GHS = 0.5579 DKK
19 February 20241 GHS = 0.5553 DKK
20 February 20241 GHS = 0.5550 DKK
21 February 20241 GHS = 0.5552 DKK
22 February 20241 GHS = 0.5511 DKK
23 February 20241 GHS = 0.5576 DKK
25 February 20241 GHS = 0.5506 DKK
26 February 20241 GHS = 0.5504 DKK
27 February 20241 GHS = 0.5496 DKK
28 February 20241 GHS = 0.5478 DKK
29 February 20241 GHS = 0.5475 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.