Historic Moroccan dirham Ghana Cedi

Moroccan dirham ghana cedi history for February 2024. The highest quote for this month is 1.2875 (29/02/2024) and the lowest 1.2841 (28/02/2024). The difference between high and low is 0.26.

MAD GHS average rate for February 2024 is 1.24574, the change between 01/02/2024 and 29/02/2024 is -4.15 %.

01 February 20241 MAD = 1.230 GHS
02 February 20241 MAD = 1.235 GHS
03 February 20241 MAD = 1.230 GHS
04 February 20241 MAD = 1.230 GHS
05 February 20241 MAD = 1.277 GHS
06 February 20241 MAD = 1.267 GHS
07 February 20241 MAD = 1.226 GHS
08 February 20241 MAD = 1.228 GHS
09 February 20241 MAD = 1.233 GHS
12 February 20241 MAD = 1.275 GHS
13 February 20241 MAD = 1.236 GHS
14 February 20241 MAD = 1.233 GHS
15 February 20241 MAD = 1.231 GHS
16 February 20241 MAD = 1.234 GHS
17 February 20241 MAD = 1.232 GHS
18 February 20241 MAD = 1.232 GHS
19 February 20241 MAD = 1.277 GHS
20 February 20241 MAD = 1.276 GHS
21 February 20241 MAD = 1.232 GHS
22 February 20241 MAD = 1.241 GHS
23 February 20241 MAD = 1.228 GHS
24 February 20241 MAD = 1.243 GHS
25 February 20241 MAD = 1.243 GHS
26 February 20241 MAD = 1.288 GHS
27 February 20241 MAD = 1.248 GHS
28 February 20241 MAD = 1.248 GHS
29 February 20241 MAD = 1.281 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.
MAD GHS July 2023
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