Historic Ghana Cedi Egyptian Pound

Ghana Cedi egyptian pound history for December 2023. The highest quote for this month is 2.5831 (17/12/2023) and the lowest 2.6418 (27/12/2023). The difference between high and low is -2.27.

GHS EGP average rate for December 2023 is 2.57586, the change between 01/12/2023 and 31/12/2023 is -0.3 %.

01 December 20231 GHS = 2.577 EGP
02 December 20231 GHS = 2.578 EGP
03 December 20231 GHS = 2.579 EGP
04 December 20231 GHS = 2.567 EGP
05 December 20231 GHS = 2.584 EGP
06 December 20231 GHS = 2.575 EGP
07 December 20231 GHS = 2.586 EGP
08 December 20231 GHS = 2.584 EGP
10 December 20231 GHS = 2.577 EGP
11 December 20231 GHS = 2.562 EGP
12 December 20231 GHS = 2.579 EGP
13 December 20231 GHS = 2.573 EGP
14 December 20231 GHS = 2.568 EGP
15 December 20231 GHS = 2.577 EGP
16 December 20231 GHS = 2.582 EGP
17 December 20231 GHS = 2.583 EGP
18 December 20231 GHS = 2.556 EGP
19 December 20231 GHS = 2.577 EGP
20 December 20231 GHS = 2.581 EGP
21 December 20231 GHS = 2.577 EGP
22 December 20231 GHS = 2.580 EGP
23 December 20231 GHS = 2.575 EGP
24 December 20231 GHS = 2.577 EGP
25 December 20231 GHS = 2.574 EGP
26 December 20231 GHS = 2.571 EGP
27 December 20231 GHS = 2.571 EGP
28 December 20231 GHS = 2.571 EGP
29 December 20231 GHS = 2.585 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.