Ghana Cedi burmese kyat exchange rate history (GHS MMK) January 2024

Ghana Cedi burmese kyat history for January 2024. The highest quote for this month is 176.24 (07/01/2024) and the lowest 176.24 (06/01/2024). The difference between high and low is 0.

GHS MMK average rate for January 2024 is 173.50889, the change between 01/01/2024 and 31/01/2024 is +3.01 %.

01 January 2024	1 GHS = 174.2 MMK
02 January 2024	1 GHS = 174.2 MMK
03 January 2024	1 GHS = 174.8 MMK
04 January 2024	1 GHS = 174.6 MMK
05 January 2024	1 GHS = 174.8 MMK
06 January 2024	1 GHS = 176.2 MMK
07 January 2024	1 GHS = 176.2 MMK
08 January 2024	1 GHS = 174.4 MMK
09 January 2024	1 GHS = 174.7 MMK
10 January 2024	1 GHS = 174.9 MMK
11 January 2024	1 GHS = 174.8 MMK
12 January 2024	1 GHS = 174.5 MMK
14 January 2024	1 GHS = 175.8 MMK
15 January 2024	1 GHS = 174.1 MMK
16 January 2024	1 GHS = 173.7 MMK
17 January 2024	1 GHS = 173.7 MMK
18 January 2024	1 GHS = 174.5 MMK
19 January 2024	1 GHS = 174.0 MMK
22 January 2024	1 GHS = 172.2 MMK
23 January 2024	1 GHS = 173.3 MMK
24 January 2024	1 GHS = 173.5 MMK
25 January 2024	1 GHS = 171.9 MMK
26 January 2024	1 GHS = 172.0 MMK
28 January 2024	1 GHS = 171.6 MMK
29 January 2024	1 GHS = 168.4 MMK
30 January 2024	1 GHS = 169.0 MMK
31 January 2024	1 GHS = 168.9 MMK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

16/09/2019: Ghana Goes Cashless

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

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

03/07/2007: Decimals Dropped

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

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

17/07/1978: Second Cedi Introduced

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

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.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

06/03/1957: Ghana's Independence

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

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.

Historic Ghana Cedi Burmese kyat