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

Moroccan dirham ghana cedi history for November 2023. The highest quote for this month is 1.2183 (23/11/2023) and the lowest 1.2274 (29/11/2023). The difference between high and low is -0.75.

MAD GHS average rate for November 2023 is 1.18119, the change between 01/11/2023 and 30/11/2023 is -3.25 %.

01 November 2023	1 MAD = 1.153 GHS
02 November 2023	1 MAD = 1.152 GHS
03 November 2023	1 MAD = 1.197 GHS
06 November 2023	1 MAD = 1.195 GHS
07 November 2023	1 MAD = 1.165 GHS
08 November 2023	1 MAD = 1.162 GHS
09 November 2023	1 MAD = 1.167 GHS
10 November 2023	1 MAD = 1.162 GHS
12 November 2023	1 MAD = 1.163 GHS
13 November 2023	1 MAD = 1.201 GHS
14 November 2023	1 MAD = 1.165 GHS
15 November 2023	1 MAD = 1.173 GHS
16 November 2023	1 MAD = 1.172 GHS
17 November 2023	1 MAD = 1.171 GHS
18 November 2023	1 MAD = 1.172 GHS
19 November 2023	1 MAD = 1.172 GHS
20 November 2023	1 MAD = 1.214 GHS
21 November 2023	1 MAD = 1.177 GHS
22 November 2023	1 MAD = 1.176 GHS
23 November 2023	1 MAD = 1.214 GHS
24 November 2023	1 MAD = 1.220 GHS
26 November 2023	1 MAD = 1.183 GHS
27 November 2023	1 MAD = 1.219 GHS
28 November 2023	1 MAD = 1.186 GHS
29 November 2023	1 MAD = 1.190 GHS
30 November 2023	1 MAD = 1.190 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