It is another day of Foreign Exchange Rates as we update readers on US Dollar to Ghanaian Cedi Exchange Rate, British Pounds to Ghanaian Cedi Exchange Rate, and the Euro to Ghanaian Cedi Exchange Rate for Today Jan 5th, 2023.
At 8:30 am today, a Dollar was valued at GHS10.29 Ghanaian Cedi by Google. This rate is an increase of not less than GHS0.10 compared to the rate quoted on 4th January. That is an appreciation of the Dollar against the local currency.
US Dollar to Ghanaian Cedi Exchange Rate for Today Jan. 5th, 2023 (Source – Cedi Rates)
READ: Dollar Exchange Rate Projections for First Working Day of 2023
At the GCB, the Buy rate for the dollar was GHS9.00 and the sell rate was GHS11.60.
At the Stanbic Bank, the Buy rate for the dollar was GHS9.00 and the sell rate was GHS11.00
At the ABSA, the Buy rate for the dollar was GHS8.70 and the sell rate was GHS10.90
At Fidelity Bank, the Buy rate for the dollar was GHS9 and the sell rate was GHS11.80.
At the CalBank, the Buy rate for the dollar was GHS9.00 and the sell rate was GHS11.71
At the Binance P2P, the Buy rate for the dollar was GHS10.56 and the sell rate was GHS11.15
READ: Fuel Prices At the Pumps for Today Jan 5th, 2023
At the Ghana Association of Forex Bureaux, the Buy rate for the dollar was GHS10.50 and the sell rate was GHS12.00
Below is the Bank of Ghana Interbank Rates released by the Bank of Ghana for today.
The rates quoted by the BoG show the dollar gained by 0.02P (8.6017 – 8.5817) regarding the buying price and 0.02 (8.6103 – 8.5903)
We hope the US Dollar to Ghanaian Cedi Exchange Rate from the various sources for Today Jan 5th, 2023 will aid actors in the market to buy and sell at a profit using reliable information from the currency market.
From the above data, the cedi is gradually losing its gains against the major trading currencies during the Mid-December trading.
Oh my God, Cedi is dropping again