Historic Moroccan dirham Ghana Cedi

Moroccan dirham ghana cedi history for June 2023. The highest quote for this month is 1.1929 (28/06/2023) and the lowest 1.1956 (28/06/2023). The difference between high and low is -0.23.

MAD GHS average rate for June 2023 is 1.10178, the change between 01/06/2023 and 30/06/2023 is -3.79 %.

01 June 20231 MAD = 1.072 GHS
02 June 20231 MAD = 1.142 GHS
03 June 20231 MAD = 1.060 GHS
05 June 20231 MAD = 1.131 GHS
06 June 20231 MAD = 1.069 GHS
07 June 20231 MAD = 1.064 GHS
08 June 20231 MAD = 1.069 GHS
09 June 20231 MAD = 1.079 GHS
12 June 20231 MAD = 1.155 GHS
13 June 20231 MAD = 1.065 GHS
14 June 20231 MAD = 1.065 GHS
15 June 20231 MAD = 1.083 GHS
16 June 20231 MAD = 1.095 GHS
19 June 20231 MAD = 1.169 GHS
20 June 20231 MAD = 1.097 GHS
21 June 20231 MAD = 1.097 GHS
22 June 20231 MAD = 1.095 GHS
23 June 20231 MAD = 1.099 GHS
26 June 20231 MAD = 1.194 GHS
27 June 20231 MAD = 1.102 GHS
28 June 20231 MAD = 1.112 GHS
29 June 20231 MAD = 1.117 GHS
30 June 20231 MAD = 1.112 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.