Nigerian Naira ghana cedi exchange rate history (NGN GHS) November 2023

Nigerian Naira ghana cedi history for November 2023. The highest quote for this month is 0.015129 (03/11/2023) and the lowest 0.01518 (29/11/2023). The difference between high and low is -0.34.

NGN GHS average rate for November 2023 is 0.01466, the change between 01/11/2023 and 30/11/2023 is +0.05 %.

01 November 2023	1 NGN = 0.0151 GHS
02 November 2023	1 NGN = 0.0151 GHS
03 November 2023	1 NGN = 0.0151 GHS
06 November 2023	1 NGN = 0.0146 GHS
07 November 2023	1 NGN = 0.0149 GHS
08 November 2023	1 NGN = 0.0151 GHS
09 November 2023	1 NGN = 0.0148 GHS
10 November 2023	1 NGN = 0.0148 GHS
13 November 2023	1 NGN = 0.0148 GHS
14 November 2023	1 NGN = 0.0145 GHS
15 November 2023	1 NGN = 0.0141 GHS
16 November 2023	1 NGN = 0.0141 GHS
17 November 2023	1 NGN = 0.0141 GHS
18 November 2023	1 NGN = 0.0142 GHS
19 November 2023	1 NGN = 0.0142 GHS
20 November 2023	1 NGN = 0.0141 GHS
21 November 2023	1 NGN = 0.0145 GHS
22 November 2023	1 NGN = 0.0146 GHS
23 November 2023	1 NGN = 0.0148 GHS
24 November 2023	1 NGN = 0.0149 GHS
26 November 2023	1 NGN = 0.0143 GHS
27 November 2023	1 NGN = 0.0148 GHS
28 November 2023	1 NGN = 0.0150 GHS
29 November 2023	1 NGN = 0.0151 GHS
30 November 2023	1 NGN = 0.0151 GHS

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

16/09/2019: Ghana Goes Cashless

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

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

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.

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.

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

17/07/1978: Second Cedi Introduced

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

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

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.

Historic Nigerian Naira Ghana Cedi