GHS to PHP Exchange Rate - Convert Ghanian cedi to Philippine Peso
GHS to PHP Exchange Rate - Convert Ghanian cedi to Philippine Peso
Converting from Ghanian Cedi (GHS) to Philippine Peso (PHP)
What is Ghanian Cedi (GHS)
The Ghanaian cedi (GHS) is the official currency of Ghana, a country located in West Africa. Introduced in 2007, the cedi replaced the earlier currency, the Ghanaian pound, at a rate of one cedi to 10,000 pounds. The GHS is subdivided into 100Gp (gana pesewas). Ghana’s economy is largely based on agriculture, with cocoa being one of its most significant exports. As a relatively stable currency within the West African region, the cedi is used in various daily transactions, from buying groceries to conducting business.
The Bank of Ghana manages the GHS, overseeing monetary policy and ensuring the stability of the currency. The strength of the cedi can fluctuate based on various economic factors, such as inflation rates and current events that affect the country’s economy.
When converting GHS to other currencies, such as the Philippine peso, individuals and businesses need to be aware of the current exchange rates. These rates can vary significantly based on market conditions, and using reliable financial news sources or exchanges can help ensure a fair conversion.
What is Philippine Peso (PHP)
The Philippine peso (PHP) is the official currency of the Philippines, an archipelago in Southeast Asia. Represented by the symbol ₱, the peso has been in use since Spanish colonial times, although the current version of the currency was officially adopted in 1993. The peso is divided into 100 centavos (¢). The economy of the Philippines is diverse, incorporating agriculture, manufacturing, and services, making the peso a significant currency in the Southeast Asian region.
The Bangko Sentral ng Pilipinas (BSP) is the governing body responsible for managing the Philippine peso. Like the GHS, the PHP is susceptible to fluctuations in the foreign exchange market. Factors that can affect its value include inflation rates, trade balances, and political stability.
For anyone looking to convert GHS to PHP, it is crucial to obtain the most current exchange rates. This ensures that individuals or businesses receive the most accurate value when making international transactions. Usually, people utilize online currency converters or visit local banks to obtain the latest rates.
Conclusion
Converting from Ghanian cedi (GHS) to Philippine peso (PHP) involves understanding both currencies' fundamental characteristics and knowing the current exchange rates. As both currencies fluctuate based on various economic factors, staying informed can ensure more accurate currency exchanges. Whether you’re making a small purchase or engaged in large-scale transactions, being knowledgeable about GHS and PHP can help streamline the conversion process.
Ghanian cedi to Philippine Peso conversion table
GHS to PHP conversion table
Ghanian cedi (GHS) | Philippine Peso (PHP) |
---|---|
1 GHS | 3.93582026022 PHP |
2 GHS | 7.87164052043 PHP |
3 GHS | 11.80746078065 PHP |
4 GHS | 15.74328104087 PHP |
5 GHS | 19.67910130108 PHP |
6 GHS | 23.6149215613 PHP |
7 GHS | 27.55074182152 PHP |
8 GHS | 31.48656208173 PHP |
9 GHS | 35.42238234195 PHP |
10 GHS | 39.35820260217 PHP |
100 GHS | 393.58202602166 PHP |
200 GHS | 787.16405204331 PHP |
300 GHS | 1 180.74607806497 PHP |
400 GHS | 1 574.32810408663 PHP |
500 GHS | 1 967.91013010828 PHP |
600 GHS | 2 361.49215612994 PHP |
700 GHS | 2 755.0741821516 PHP |
800 GHS | 3 148.65620817325 PHP |
900 GHS | 3 542.23823419491 PHP |
1 000 GHS | 3 935.82026021657 PHP |
2 000 GHS | 7 871.64052043313 PHP |
5 000 GHS | 19 679.10130108283 PHP |
10 000 GHS | 39 358.20260216565 PHP |
20 000 GHS | 78 716.40520433131 PHP |
50 000 GHS | 196 791.01301082827 PHP |
100 000 GHS | 393 582.02602165654 PHP |
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- Ghanian cedi to Papua New Guinea Kina
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- Ghanian cedi to Polish Zloty
- Ghanian cedi to Qatar Rial
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- Ghanian cedi to Swiss Franc
- Ghanian cedi to South Korean Won
- Ghanian cedi to Samoa Tala
- Ghanian cedi to São Tomé and Príncipe dobra
- Ghanian cedi to Sao Tome Dobra
- Ghanian cedi to Saudi Arabian Riyal
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- Ghanian cedi to Sierra Leonean Leone
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- Ghanian cedi to Swaziland Lilageni
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- Ghanian cedi to Syrian Pound
- Ghanian cedi to Tajikistani Somoni
- Ghanian cedi to Thai Baht
- Ghanian cedi to Turkish Lira
- Ghanian cedi to Taiwan Dollar
- Ghanian cedi to Tanzanian Shilling
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- Ghanian cedi to Tunisian Dinar
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