Historic Icelandic Krona Ghana Cedi

Icelandic Krona ghana cedi history for January 2024. The highest quote for this month is 0.09037 (26/01/2024) and the lowest 0.09051 (31/01/2024). The difference between high and low is -0.15.

ISK GHS average rate for January 2024 is 0.08787, the change between 01/01/2024 and 31/01/2024 is -2.3 %.

01 January 20241 ISK = 0.0882 GHS
02 January 20241 ISK = 0.0883 GHS
03 January 20241 ISK = 0.0866 GHS
04 January 20241 ISK = 0.0865 GHS
05 January 20241 ISK = 0.0867 GHS
08 January 20241 ISK = 0.0865 GHS
09 January 20241 ISK = 0.0867 GHS
10 January 20241 ISK = 0.0867 GHS
11 January 20241 ISK = 0.0873 GHS
12 January 20241 ISK = 0.0874 GHS
15 January 20241 ISK = 0.0875 GHS
16 January 20241 ISK = 0.0880 GHS
17 January 20241 ISK = 0.0876 GHS
18 January 20241 ISK = 0.0870 GHS
19 January 20241 ISK = 0.0872 GHS
22 January 20241 ISK = 0.0885 GHS
23 January 20241 ISK = 0.0881 GHS
24 January 20241 ISK = 0.0879 GHS
25 January 20241 ISK = 0.0892 GHS
26 January 20241 ISK = 0.0888 GHS
29 January 20241 ISK = 0.0905 GHS
30 January 20241 ISK = 0.0899 GHS
31 January 20241 ISK = 0.0902 GHS

16/09/2019: Ghana Goes Cashless

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

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange 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.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.
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