Historic Ghana Cedi Saudi riyal

Ghana Cedi saudi riyal history for August 2023. The highest quote for this month is 0.34089 (12/08/2023) and the lowest 0.34213 (14/08/2023). The difference between high and low is -0.36.

GHS SAR average rate for August 2023 is 0.33476, the change between 01/08/2023 and 31/08/2023 is +2.33 %.

01 August 20231 GHS = 0.3361 SAR
02 August 20231 GHS = 0.3376 SAR
03 August 20231 GHS = 0.3333 SAR
04 August 20231 GHS = 0.3406 SAR
07 August 20231 GHS = 0.3348 SAR
08 August 20231 GHS = 0.3362 SAR
09 August 20231 GHS = 0.3353 SAR
10 August 20231 GHS = 0.3363 SAR
11 August 20231 GHS = 0.3345 SAR
12 August 20231 GHS = 0.3409 SAR
14 August 20231 GHS = 0.3351 SAR
15 August 20231 GHS = 0.3422 SAR
16 August 20231 GHS = 0.3406 SAR
17 August 20231 GHS = 0.3344 SAR
18 August 20231 GHS = 0.3345 SAR
19 August 20231 GHS = 0.3331 SAR
20 August 20231 GHS = 0.3332 SAR
21 August 20231 GHS = 0.3330 SAR
22 August 20231 GHS = 0.3342 SAR
23 August 20231 GHS = 0.3345 SAR
24 August 20231 GHS = 0.3345 SAR
25 August 20231 GHS = 0.3316 SAR
28 August 20231 GHS = 0.3307 SAR
29 August 20231 GHS = 0.3293 SAR
30 August 20231 GHS = 0.3294 SAR
31 August 20231 GHS = 0.3282 SAR

16/09/2019: Ghana Goes Cashless

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

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

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.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

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.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

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.

06/03/1957: Ghana's Independence

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

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.