Historic Ghana Cedi Egyptian Pound

Ghana Cedi egyptian pound history for February 2024. The highest quote for this month is 2.5037 (07/02/2024) and the lowest 2.5175 (02/02/2024). The difference between high and low is -0.55.

GHS EGP average rate for February 2024 is 2.48556, the change between 01/02/2024 and 29/02/2024 is +1.96 %.

01 February 20241 GHS = 2.510 EGP
02 February 20241 GHS = 2.499 EGP
03 February 20241 GHS = 2.500 EGP
04 February 20241 GHS = 2.500 EGP
05 February 20241 GHS = 2.492 EGP
06 February 20241 GHS = 2.497 EGP
07 February 20241 GHS = 2.500 EGP
08 February 20241 GHS = 2.499 EGP
09 February 20241 GHS = 2.493 EGP
12 February 20241 GHS = 2.480 EGP
13 February 20241 GHS = 2.489 EGP
14 February 20241 GHS = 2.488 EGP
15 February 20241 GHS = 2.490 EGP
16 February 20241 GHS = 2.488 EGP
17 February 20241 GHS = 2.488 EGP
18 February 20241 GHS = 2.488 EGP
19 February 20241 GHS = 2.470 EGP
20 February 20241 GHS = 2.477 EGP
21 February 20241 GHS = 2.489 EGP
22 February 20241 GHS = 2.470 EGP
23 February 20241 GHS = 2.500 EGP
24 February 20241 GHS = 2.468 EGP
25 February 20241 GHS = 2.476 EGP
26 February 20241 GHS = 2.467 EGP
27 February 20241 GHS = 2.473 EGP
28 February 20241 GHS = 2.460 EGP
29 February 20241 GHS = 2.461 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.