Ghana Cedi yemeni rial exchange rate history (GHS YER) January 2024

Ghana Cedi yemeni rial history for January 2024. The highest quote for this month is 21.041 (07/01/2024) and the lowest 21.041 (07/01/2024). The difference between high and low is 0.

GHS YER average rate for January 2024 is 20.82304, the change between 01/01/2024 and 31/01/2024 is +2.76 %.

01 January 2024	1 GHS = 20.87 YER
02 January 2024	1 GHS = 20.85 YER
03 January 2024	1 GHS = 20.99 YER
04 January 2024	1 GHS = 20.99 YER
05 January 2024	1 GHS = 20.99 YER
06 January 2024	1 GHS = 21.04 YER
07 January 2024	1 GHS = 21.04 YER
08 January 2024	1 GHS = 21.01 YER
09 January 2024	1 GHS = 21.00 YER
10 January 2024	1 GHS = 21.02 YER
11 January 2024	1 GHS = 20.99 YER
12 January 2024	1 GHS = 20.96 YER
14 January 2024	1 GHS = 20.99 YER
15 January 2024	1 GHS = 20.94 YER
16 January 2024	1 GHS = 20.88 YER
17 January 2024	1 GHS = 20.83 YER
18 January 2024	1 GHS = 20.96 YER
19 January 2024	1 GHS = 20.91 YER
22 January 2024	1 GHS = 20.70 YER
23 January 2024	1 GHS = 20.82 YER
24 January 2024	1 GHS = 20.85 YER
25 January 2024	1 GHS = 20.65 YER
26 January 2024	1 GHS = 20.65 YER
28 January 2024	1 GHS = 20.49 YER
29 January 2024	1 GHS = 20.21 YER
30 January 2024	1 GHS = 20.31 YER
31 January 2024	1 GHS = 20.29 YER

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

16/09/2019: Ghana Goes Cashless

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

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

05/07/2012: GHS Symbol Change

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

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

Historic Ghana Cedi Yemeni Rial