BoG exchange rates out, but lower than 1USD ➔ ₵14.15 rate on the market today

by Wisdom K.E Hammond · November 9, 2022

BoG exchange rates are out, but lower than 1 USD ➔ ₵ 14.15 rate on the market today.

The Bank of Ghana Exchange Rates for Wednesday 9th November 2022 however all indications show that the Cedi has begun to depreciate further. The BoG rates have remained low and unrealistic compared to the prevailing exchange rates on the FX market.

While rates quoted by ₵edi Rates are

1 USD ➔ ₵ 14.15

1 GBP ➔ ₵ 16.33

1 EUR ➔ ₵ 14.25

₿ 1 BTC ➔ ₵ 260,242

BoG is 1 USD ➔ ₵ 13.03 for buying, the selling rate is 1 USD ➔ ₵ 14.04

1 GBP ➔ ₵ 15.08 for buying, the selling rate is 1 GBP ➔ ₵ 15.10

1 EUR ➔ ₵ 13.13 for buying, and the selling rate is 1 EUR ➔ ₵ 13.15

The BoG rates are based on the average interbank rates used by commercial banks for transactions at the close of the business, Tuesday, 8th November 2022.

READ: BoG Foreign Exchange Rates Released for Wednesday, November 9th 2022

The Bank of Ghana rates are lower than those quoted by ₵edi Rates. The Exchange rates by ₵edi Rates are more accurate and give a better picture of the prevailing market rates.

BoG exchange rates out, but lower than 1USD ➔ ₵ 14.15 rate on the market today

Tags: BoG exchange rates BoG exchange rates out

Wisdom K.E Hammond

Ghanaeducation.org is founded by Wisdom Kojo Eli Hammond, a distinguished Ghanaian Edu-Tech Entrepreneur, AI Solutions Developer, and Product Architect with over 25 years of cross-disciplinary experience in education, finance, and digital media. Wisdom is the visionary force behind SkulManager, Ghana’s premier school management ecosystem, and the Lead Consultant at Education-News Consult. A self-taught innovator, professional Web Designer, and regular columnist on GhanaWeb, Wisdom engineered SkulManager.com as the only platform strictly tailored to the GES curriculum. His technical leadership has redefined educational assessment through a hybrid marking ecosystem, pioneering the BECE and WASSCE Home Mock services—a unique fusion of WAEC-trained human examiners and advanced AI marking engines operational since 2022.