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

Ghana Cedi moroccan dirham history for September 2023. The highest quote for this month is 0.89551 (23/09/2023) and the lowest 0.8969 (23/09/2023). The difference between high and low is -0.16.

GHS MAD average rate for September 2023 is 0.88252, the change between 01/09/2023 and 30/09/2023 is -3.33 %.

01 September 2023	1 GHS = 0.8617 MAD
04 September 2023	1 GHS = 0.8685 MAD
05 September 2023	1 GHS = 0.8665 MAD
06 September 2023	1 GHS = 0.8646 MAD
07 September 2023	1 GHS = 0.8939 MAD
08 September 2023	1 GHS = 0.8881 MAD
11 September 2023	1 GHS = 0.8668 MAD
12 September 2023	1 GHS = 0.8626 MAD
13 September 2023	1 GHS = 0.8856 MAD
14 September 2023	1 GHS = 0.8856 MAD
15 September 2023	1 GHS = 0.8942 MAD
18 September 2023	1 GHS = 0.8669 MAD
19 September 2023	1 GHS = 0.8953 MAD
20 September 2023	1 GHS = 0.8929 MAD
21 September 2023	1 GHS = 0.8928 MAD
22 September 2023	1 GHS = 0.8939 MAD
23 September 2023	1 GHS = 0.8922 MAD
25 September 2023	1 GHS = 0.8694 MAD
26 September 2023	1 GHS = 0.8915 MAD
27 September 2023	1 GHS = 0.8900 MAD
28 September 2023	1 GHS = 0.8935 MAD
29 September 2023	1 GHS = 0.8915 MAD
30 September 2023	1 GHS = 0.8903 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