South African rand ghana cedi exchange rate history (ZAR GHS) November 2023

South African rand ghana cedi history for November 2023. The highest quote for this month is 0.65325 (15/11/2023) and the lowest 0.6581 (16/11/2023). The difference between high and low is -0.74.

ZAR GHS average rate for November 2023 is 0.64249, the change between 01/11/2023 and 30/11/2023 is -0.24 %.

01 November 2023	1 ZAR = 0.6365 GHS
02 November 2023	1 ZAR = 0.6435 GHS
03 November 2023	1 ZAR = 0.6459 GHS
06 November 2023	1 ZAR = 0.6466 GHS
07 November 2023	1 ZAR = 0.6501 GHS
08 November 2023	1 ZAR = 0.6480 GHS
09 November 2023	1 ZAR = 0.6433 GHS
10 November 2023	1 ZAR = 0.6369 GHS
12 November 2023	1 ZAR = 0.6344 GHS
13 November 2023	1 ZAR = 0.6341 GHS
14 November 2023	1 ZAR = 0.6372 GHS
15 November 2023	1 ZAR = 0.6525 GHS
16 November 2023	1 ZAR = 0.6546 GHS
17 November 2023	1 ZAR = 0.6474 GHS
18 November 2023	1 ZAR = 0.6478 GHS
19 November 2023	1 ZAR = 0.6478 GHS
20 November 2023	1 ZAR = 0.6478 GHS
21 November 2023	1 ZAR = 0.6505 GHS
22 November 2023	1 ZAR = 0.6401 GHS
23 November 2023	1 ZAR = 0.6314 GHS
24 November 2023	1 ZAR = 0.6368 GHS
26 November 2023	1 ZAR = 0.6343 GHS
27 November 2023	1 ZAR = 0.6345 GHS
28 November 2023	1 ZAR = 0.6415 GHS
29 November 2023	1 ZAR = 0.6434 GHS
30 November 2023	1 ZAR = 0.6380 GHS

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

16/09/2019: Ghana Goes Cashless

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

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

17/07/1978: Second Cedi Introduced

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

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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 South African rand Ghana Cedi