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

Ghana Cedi moroccan dirham history for November 2023. The highest quote for this month is 0.86457 (03/11/2023) and the lowest 0.85753 (12/11/2023). The difference between high and low is 0.81.

GHS MAD average rate for November 2023 is 0.84684, the change between 01/11/2023 and 30/11/2023 is +3.16 %.

01 November 2023	1 GHS = 0.8676 MAD
02 November 2023	1 GHS = 0.8682 MAD
03 November 2023	1 GHS = 0.8355 MAD
06 November 2023	1 GHS = 0.8369 MAD
07 November 2023	1 GHS = 0.8583 MAD
08 November 2023	1 GHS = 0.8609 MAD
09 November 2023	1 GHS = 0.8566 MAD
10 November 2023	1 GHS = 0.8607 MAD
12 November 2023	1 GHS = 0.8595 MAD
13 November 2023	1 GHS = 0.8326 MAD
14 November 2023	1 GHS = 0.8587 MAD
15 November 2023	1 GHS = 0.8524 MAD
16 November 2023	1 GHS = 0.8531 MAD
17 November 2023	1 GHS = 0.8538 MAD
18 November 2023	1 GHS = 0.8534 MAD
19 November 2023	1 GHS = 0.8531 MAD
20 November 2023	1 GHS = 0.8236 MAD
21 November 2023	1 GHS = 0.8498 MAD
22 November 2023	1 GHS = 0.8506 MAD
23 November 2023	1 GHS = 0.8240 MAD
24 November 2023	1 GHS = 0.8200 MAD
26 November 2023	1 GHS = 0.8450 MAD
27 November 2023	1 GHS = 0.8203 MAD
28 November 2023	1 GHS = 0.8431 MAD
29 November 2023	1 GHS = 0.8402 MAD
30 November 2023	1 GHS = 0.8402 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