Moroccan dirham ghana cedi exchange rate history (MAD GHS) August 2023

Moroccan dirham ghana cedi history for August 2023. The highest quote for this month is 1.1869 (09/08/2023) and the lowest 1.1898 (07/08/2023). The difference between high and low is -0.24.

MAD GHS average rate for August 2023 is 1.14701, the change between 01/08/2023 and 31/08/2023 is -2.92 %.

01 August 2023	1 MAD = 1.132 GHS
02 August 2023	1 MAD = 1.126 GHS
03 August 2023	1 MAD = 1.170 GHS
04 August 2023	1 MAD = 1.120 GHS
07 August 2023	1 MAD = 1.197 GHS
08 August 2023	1 MAD = 1.170 GHS
09 August 2023	1 MAD = 1.191 GHS
10 August 2023	1 MAD = 1.184 GHS
11 August 2023	1 MAD = 1.182 GHS
12 August 2023	1 MAD = 1.115 GHS
14 August 2023	1 MAD = 1.179 GHS
15 August 2023	1 MAD = 1.111 GHS
16 August 2023	1 MAD = 1.114 GHS
17 August 2023	1 MAD = 1.132 GHS
18 August 2023	1 MAD = 1.129 GHS
19 August 2023	1 MAD = 1.127 GHS
20 August 2023	1 MAD = 1.127 GHS
21 August 2023	1 MAD = 1.183 GHS
22 August 2023	1 MAD = 1.125 GHS
23 August 2023	1 MAD = 1.121 GHS
24 August 2023	1 MAD = 1.121 GHS
25 August 2023	1 MAD = 1.126 GHS
28 August 2023	1 MAD = 1.166 GHS
29 August 2023	1 MAD = 1.154 GHS
30 August 2023	1 MAD = 1.158 GHS
31 August 2023	1 MAD = 1.165 GHS

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

16/09/2019: Ghana Goes Cashless

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

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/07/1978: Second Cedi Introduced

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

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

06/03/1957: Ghana's Independence

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

Historic Moroccan dirham Ghana Cedi