Historic Ghana Cedi Mexican peso

Ghana Cedi mexican peso history for February 2024. The highest quote for this month is 1.3984 (01/02/2024) and the lowest 1.3932 (02/02/2024). The difference between high and low is 0.37.

GHS MXN average rate for February 2024 is 1.37577, the change between 01/02/2024 and 29/02/2024 is +2.81 %.

01 February 20241 GHS = 1.400 MXN
02 February 20241 GHS = 1.382 MXN
03 February 20241 GHS = 1.386 MXN
04 February 20241 GHS = 1.388 MXN
05 February 20241 GHS = 1.376 MXN
06 February 20241 GHS = 1.384 MXN
07 February 20241 GHS = 1.379 MXN
08 February 20241 GHS = 1.380 MXN
09 February 20241 GHS = 1.384 MXN
12 February 20241 GHS = 1.380 MXN
13 February 20241 GHS = 1.376 MXN
14 February 20241 GHS = 1.386 MXN
15 February 20241 GHS = 1.377 MXN
16 February 20241 GHS = 1.373 MXN
17 February 20241 GHS = 1.374 MXN
18 February 20241 GHS = 1.375 MXN
19 February 20241 GHS = 1.369 MXN
20 February 20241 GHS = 1.367 MXN
21 February 20241 GHS = 1.374 MXN
22 February 20241 GHS = 1.363 MXN
23 February 20241 GHS = 1.385 MXN
24 February 20241 GHS = 1.368 MXN
25 February 20241 GHS = 1.367 MXN
26 February 20241 GHS = 1.367 MXN
27 February 20241 GHS = 1.367 MXN
28 February 20241 GHS = 1.360 MXN
29 February 20241 GHS = 1.361 MXN

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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

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.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

17/07/1978: Second Cedi Introduced

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

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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.