Ghana Cedi moroccan dirham exchange rate history (GHS MAD) August 2023

Ghana Cedi moroccan dirham history for August 2023. The highest quote for this month is 0.89721 (12/08/2023) and the lowest 0.89721 (12/08/2023). The difference between high and low is 0.

GHS MAD average rate for August 2023 is 0.87234, the change between 01/08/2023 and 31/08/2023 is +2.84 %.

01 August 2023	1 GHS = 0.8833 MAD
02 August 2023	1 GHS = 0.8884 MAD
03 August 2023	1 GHS = 0.8545 MAD
04 August 2023	1 GHS = 0.8927 MAD
07 August 2023	1 GHS = 0.8356 MAD
08 August 2023	1 GHS = 0.8545 MAD
09 August 2023	1 GHS = 0.8399 MAD
10 August 2023	1 GHS = 0.8447 MAD
11 August 2023	1 GHS = 0.8457 MAD
12 August 2023	1 GHS = 0.8972 MAD
14 August 2023	1 GHS = 0.8485 MAD
15 August 2023	1 GHS = 0.9005 MAD
16 August 2023	1 GHS = 0.8975 MAD
17 August 2023	1 GHS = 0.8837 MAD
18 August 2023	1 GHS = 0.8861 MAD
19 August 2023	1 GHS = 0.8874 MAD
20 August 2023	1 GHS = 0.8874 MAD
21 August 2023	1 GHS = 0.8453 MAD
22 August 2023	1 GHS = 0.8892 MAD
23 August 2023	1 GHS = 0.8921 MAD
24 August 2023	1 GHS = 0.8921 MAD
25 August 2023	1 GHS = 0.8885 MAD
28 August 2023	1 GHS = 0.8575 MAD
29 August 2023	1 GHS = 0.8665 MAD
30 August 2023	1 GHS = 0.8638 MAD
31 August 2023	1 GHS = 0.8582 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

16/09/2019: Ghana Goes Cashless

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

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate 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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/07/1978: Second Cedi Introduced

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

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

06/03/1957: Ghana's Independence

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

Historic Ghana Cedi Moroccan dirham