On the Foreign Exchange Market, the Ghanaian cedi continues to depreciate and this is shown in the new Dollar to Cedi Rate which is up in nearly all banks.
The Buying rate of the dollar has also crossed GHS11.00 in most banks as of 15 February 2023 while the Selling rate is heading towards GHS13.00.
While the Bank of Ghana’s interbank Buy Rate is GHS10.79, it quoted GHS10.80 as of Wednesday.
The Dollar to Cedi Rate Up in Nearly All Banks. Below are the minimum rates from each bank
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READ: Dollar to Cedi Exchange Rates: Banks, Forex Bureaus and BoG
Dollar to Cedi Rate From Forex Bureaus
The Dollar to Cedi Exchange Rates quoted by Forex Bureaus have remained relatively stable but higher than rates from banks and the BoG. While a dollar is selling at GHS12.9, FBs are quoting a buying rate of GHS12.40
| Currency | Buy Rate |
US Dollar¹ (USD) | 12.40 |
British Pound (GBP) | 14.50 |
Euros (EUR) | 12.50 |
| Currency | Sell Rate |
US Dollar¹ (USD) | 12.90 |
British Pound (GBP) | 15.50 |
Euros (EUR) | 13.50 |
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