The fast and reliable converter shows how much you would get when exchanging one US Dollar to Ghana Cedi. US dollars to Ghanaian cedis Exchange Rate. Convert USD/GHS - Wise By 1983 the cedi was worth about 120 to one U.S. dollar on the black market, a pack of cigarettes cost about 150 (if they could be found), but the bank rate continued at 2.80 = $1.00. one hundred old pence, so that 1 pesewa was equal to one penny. 2 Choose your currencies. Convert USD/GHS - Wise 1 US dollar to Ghanaian cedis Convert USD to GHS at the real exchange rate USD Converted to GHS 1.00000 USD = 11.66000 GHS Mid-market exchange rate at 03:27 UTC Track the exchange rate Send money The safe and easy way to exchange your money up +18.00% Over 70 million downloads worldwide. Ghana's first President Dr. Kwame Nkrumah introduced Cedi notes and Pesewa coins in July 1965 to replace the Ghanaian pounds, shillings and pence. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends. USD was 14.627 Ghanaian Cedis per US Dollar on November 28, 2022. For the basic conversion, we use the midpoint between the buy and sell rates of GHS to USD at currency exchanges across the globe. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to "Open Exchange Rates" and provides the information in its best way. Convert Ghana Cedi to Ghana Cedi | GHS to GHS Currency Converter Cowries (plural of cowry) were formerly used as currency in what is now Ghana. [11], By October 2022, the cedi became the world's worst performing currency, having lost 60% of its value relative to the U.S. dollar since the end of 2021. The table shows the data and analysis of the variations. For the basic conversion, we use the midpoint between the buy and sell rates of USD to GHS at currency exchanges across the globe. After the February 1966 military coup, the new leaders wanted to remove the face of Nkrumah from the banknotes. A year ago today, on this day, they provided the equivalent of $1,000,000.00 us dollars for 7,517,115.00 ghanaian cedis, which is 4,272,571.00 less than it is now. The third Cedi has been losing value continuously since it was introduced. = 11,750,390.00 1 USD to GHS - Convert $1 US Dollar to Ghana Cedi - Currency Converter X 1 Input your amount. How to convert US dollars to Ghanaian cedis. 1 Million GHS to USD - Ghanaian Cedis to US Dollars As of today at 06:00AM UTC one million ghanaian cedis is equal to $91,839.13 (USD) or ninety-one thousand eight hundred thirty-nine us dollars 13 cents. At the end of December 2007, more than 90% of all old coins and notes had been withdrawn. The US Dollar is currently stronger than the Ghanaian Cedi given that 1 USD is equal to 11.790 GHS. This chart will allow users to see the GHS/USD oscillation, and look at last year's data. -0.3982. year to date against the Ghanaian Cedi. GHC: The currency abbreviation for the Ghanaian cedi - the official currency of the Republic of Ghana. Currency Rate Change; EUR / USD: . However, the 10 cedis (~0.1 U.S. cents) and 20 cedis (~0.2 U.S. cents) coins were not seen much due to their small value. 1 Million Naira to Ghana Cedis | 1 Million NGN to GHS - Fx Rates Live [20][21] Most of the Ghanaian banknotes have been changed slightly from one year's issue to the next year's issue in the ongoing technological fight against counterfeit money. The current exchange rate is equivalent to 0.0848. In September 2021, the Bank of Ghana began the process of withdrawing GH1 and GH2 notes from circulation to encourage the use of coins of their corresponding face values. Simply type in the box how much you want to convert. Existing 1 and 2 cedi banknotes remain legal tender, though these denominations will be gradually replaced by coins to reduce costs. For one million cedis (GHS) you get today 84,819 dollars 90 cents (USD) at an exchange rate of 0.08482 as of 01:00 AM UTC. The porcelain-like shells came to West Africa, beginning in the 14th century, through trade with Arab merchants. The. 1 Million USD to GHS - US Dollars to Ghanaian Cedis
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