Ghana Cedi egyptian pound exchange rate history (GHS EGP) August 2023

Ghana Cedi egyptian pound history for August 2023. The highest quote for this month is 2.8045 (12/08/2023) and the lowest 2.8082 (14/08/2023). The difference between high and low is -0.13.

GHS EGP average rate for August 2023 is 2.75772, the change between 01/08/2023 and 31/08/2023 is +2.33 %.

01 August 2023	1 GHS = 2.770 EGP
02 August 2023	1 GHS = 2.781 EGP
03 August 2023	1 GHS = 2.745 EGP
04 August 2023	1 GHS = 2.812 EGP
07 August 2023	1 GHS = 2.745 EGP
08 August 2023	1 GHS = 2.770 EGP
09 August 2023	1 GHS = 2.763 EGP
10 August 2023	1 GHS = 2.770 EGP
11 August 2023	1 GHS = 2.756 EGP
12 August 2023	1 GHS = 2.805 EGP
14 August 2023	1 GHS = 2.770 EGP
15 August 2023	1 GHS = 2.819 EGP
16 August 2023	1 GHS = 2.806 EGP
17 August 2023	1 GHS = 2.757 EGP
18 August 2023	1 GHS = 2.755 EGP
19 August 2023	1 GHS = 2.742 EGP
20 August 2023	1 GHS = 2.747 EGP
21 August 2023	1 GHS = 2.728 EGP
22 August 2023	1 GHS = 2.754 EGP
23 August 2023	1 GHS = 2.757 EGP
24 August 2023	1 GHS = 2.756 EGP
25 August 2023	1 GHS = 2.732 EGP
28 August 2023	1 GHS = 2.725 EGP
29 August 2023	1 GHS = 2.713 EGP
30 August 2023	1 GHS = 2.718 EGP
31 August 2023	1 GHS = 2.705 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

06/03/1957: Ghana's Independence

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

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Ghana Cedi Egyptian Pound