Historic Ghana Cedi South African rand

Ghana Cedi south african rand history for February 2024. The highest quote for this month is 1.5467 (23/02/2024) and the lowest 1.5457 (23/02/2024). The difference between high and low is 0.06.

GHS ZAR average rate for February 2024 is 1.52775, the change between 01/02/2024 and 29/02/2024 is -1.3 %.

01 February 20241 GHS = 1.513 ZAR
02 February 20241 GHS = 1.503 ZAR
03 February 20241 GHS = 1.532 ZAR
04 February 20241 GHS = 1.530 ZAR
05 February 20241 GHS = 1.515 ZAR
06 February 20241 GHS = 1.541 ZAR
07 February 20241 GHS = 1.524 ZAR
08 February 20241 GHS = 1.530 ZAR
09 February 20241 GHS = 1.532 ZAR
12 February 20241 GHS = 1.534 ZAR
13 February 20241 GHS = 1.524 ZAR
14 February 20241 GHS = 1.537 ZAR
15 February 20241 GHS = 1.535 ZAR
16 February 20241 GHS = 1.526 ZAR
17 February 20241 GHS = 1.520 ZAR
18 February 20241 GHS = 1.520 ZAR
19 February 20241 GHS = 1.512 ZAR
20 February 20241 GHS = 1.519 ZAR
21 February 20241 GHS = 1.522 ZAR
22 February 20241 GHS = 1.512 ZAR
23 February 20241 GHS = 1.550 ZAR
24 February 20241 GHS = 1.542 ZAR
25 February 20241 GHS = 1.544 ZAR
26 February 20241 GHS = 1.543 ZAR
27 February 20241 GHS = 1.537 ZAR
28 February 20241 GHS = 1.520 ZAR
29 February 20241 GHS = 1.533 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

16/09/2019: Ghana Goes Cashless

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

05/07/2012: GHS Symbol Change

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.
GHS ZAR July 2023
GHS ZAR August 2023
GHS ZAR September 2023
GHS ZAR October 2023
GHS ZAR November 2023
GHS ZAR December 2023
GHS ZAR January 2024
GHS ZAR February 2024
GHS ZAR March 2024
GHS ZAR April 2024
GHS ZAR May 2024
GHS ZAR June 2024
GHS ZAR July 2024