Historic Ghana Cedi Moroccan dirham

Ghana Cedi moroccan dirham history for December 2023. The highest quote for this month is 0.84886 (10/12/2023) and the lowest 0.84596 (10/12/2023). The difference between high and low is 0.34.

GHS MAD average rate for December 2023 is 0.83052, the change between 01/12/2023 and 31/12/2023 is -1.51 %.

01 December 20231 GHS = 0.8150 MAD
02 December 20231 GHS = 0.8429 MAD
03 December 20231 GHS = 0.8432 MAD
04 December 20231 GHS = 0.8139 MAD
05 December 20231 GHS = 0.8426 MAD
06 December 20231 GHS = 0.8448 MAD
07 December 20231 GHS = 0.8441 MAD
08 December 20231 GHS = 0.8460 MAD
10 December 20231 GHS = 0.8488 MAD
11 December 20231 GHS = 0.8174 MAD
12 December 20231 GHS = 0.8230 MAD
13 December 20231 GHS = 0.8197 MAD
14 December 20231 GHS = 0.8476 MAD
15 December 20231 GHS = 0.8408 MAD
16 December 20231 GHS = 0.8452 MAD
17 December 20231 GHS = 0.8452 MAD
18 December 20231 GHS = 0.8137 MAD
19 December 20231 GHS = 0.8180 MAD
20 December 20231 GHS = 0.8438 MAD
21 December 20231 GHS = 0.8381 MAD
22 December 20231 GHS = 0.8318 MAD
23 December 20231 GHS = 0.8277 MAD
24 December 20231 GHS = 0.8285 MAD
25 December 20231 GHS = 0.7998 MAD
26 December 20231 GHS = 0.7998 MAD
27 December 20231 GHS = 0.8280 MAD
28 December 20231 GHS = 0.8183 MAD
29 December 20231 GHS = 0.8273 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.