Is Ghanaian cedi inflated so much?

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This message aims at: reporting a bug

Status: Rejected
Upvotes: 0
Downvotes: 0
CyrusPamelaOne
Joined: 8 Nov 2018
Posts: 240
Posted: 23 Dec 2019, 05:00 #
Posted: #
I found again that this bug of 2 cedis is equal to PHP0.85 (USD0.016; 1 Ghanaian cedi = PHP0.48 or USD0.008), but the true exchange rate for 1GHS is equal to PHP8.85 (USD0.166). Is this currency inflated so much?
Look at these:




Ang numismatika ay libangan ng pag-aaral ng barya at perang papel.
Numismatics is the hobby on studying coins and banknotes
Numismatik adalah hiburan pelajaran uang logam dan uang kertas.
numinis
Joined: 19 Aug 2015
Posts: 625
Posted: 23 Dec 2019, 07:47 #
Posted: #
I see "2 GHS = 0.015 EUR" here: https://en.numista.com/catalogue/pieces187611.html
Apparently equivalent to 0,85 PHP.
ūūūūū
January First-of-May
Joined: 10 Apr 2016
Posts: 889
Posted: 23 Dec 2019, 13:32 #
Posted: #
...Huh. It appears that 1 cedi really is about 17 US cents (and not 0.8 cents, as the Numista rate claims).

I wonder how that happened. An internal typo somewhere in Numista's conversion scripts?
Jarcek Numista team
Joined: 22 Dec 2014
Posts: 16165
Posted: 23 Dec 2019, 17:22 #
Posted: #
Does Cedi fluctuate a lot? Because Numista updates only once in a while.
Catalogue administrator
CyrusPamelaOne
Joined: 8 Nov 2018
Posts: 240
Posted: 24 Dec 2019, 05:06 #
Posted: #
Someone fixed! Thank you!

Ang numismatika ay libangan ng pag-aaral ng barya at perang papel.
Numismatics is the hobby on studying coins and banknotes
Numismatik adalah hiburan pelajaran uang logam dan uang kertas.
Xavier Site admin
Joined: 16 Jan 2007
Posts: 9120
Posted: 27 Dec 2019, 19:12 #
Posted: #
Hello,
Conversion rates are automatically updated once a day. I'm not sure why it was wrong on December 23rd. Please let me know if you this happening again.
Status changed to Rejected (Xavier, 27 Dec 2019, 19:12)
CyrusPamelaOne
Joined: 8 Nov 2018
Posts: 240
Posted: 28 Dec 2019, 05:00 #
Posted: #
Quote: "Xavier"​Hello,
​Conversion rates are automatically updated once a day. I'm not sure why it was wrong on December 23rd. Please let me know if you this happening again.
​Thank you.
Ang numismatika ay libangan ng pag-aaral ng barya at perang papel.
Numismatics is the hobby on studying coins and banknotes
Numismatik adalah hiburan pelajaran uang logam dan uang kertas.
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