Historic Ghana Cedi Malaysian ringgit

Ghana Cedi malaysian ringgit history for December 2023. The highest quote for this month is 0.39143 (19/12/2023) and the lowest 0.39738 (27/12/2023). The difference between high and low is -1.52.

GHS MYR average rate for December 2023 is 0.38898, the change between 01/12/2023 and 31/12/2023 is +0.87 %.

01 December 20231 GHS = 0.3888 MYR
02 December 20231 GHS = 0.3906 MYR
03 December 20231 GHS = 0.3906 MYR
04 December 20231 GHS = 0.3894 MYR
05 December 20231 GHS = 0.3905 MYR
06 December 20231 GHS = 0.3901 MYR
07 December 20231 GHS = 0.3902 MYR
08 December 20231 GHS = 0.3910 MYR
10 December 20231 GHS = 0.3895 MYR
11 December 20231 GHS = 0.3877 MYR
12 December 20231 GHS = 0.3907 MYR
13 December 20231 GHS = 0.3899 MYR
14 December 20231 GHS = 0.3907 MYR
15 December 20231 GHS = 0.3895 MYR
16 December 20231 GHS = 0.3900 MYR
17 December 20231 GHS = 0.3900 MYR
18 December 20231 GHS = 0.3864 MYR
19 December 20231 GHS = 0.3916 MYR
20 December 20231 GHS = 0.3911 MYR
21 December 20231 GHS = 0.3887 MYR
22 December 20231 GHS = 0.3887 MYR
23 December 20231 GHS = 0.3864 MYR
24 December 20231 GHS = 0.3867 MYR
25 December 20231 GHS = 0.3881 MYR
26 December 20231 GHS = 0.3858 MYR
27 December 20231 GHS = 0.3873 MYR
28 December 20231 GHS = 0.3866 MYR
29 December 20231 GHS = 0.3854 MYR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.