What is the most current Black Market Dollar to Cedi Rate as the exchange rates go up? Keep reading for the facts and figures.
The volatility in the foreign exchange market for Ghana is becoming more visible and worrying as the exchange rates go up in favour of the dollar in all markets.
The black market dollar to cedi exchange rate was pegged at $1 to GHS11.26 as of Friday. However, at the time of this publication, the mid-rate for the black market as checked online was 1 USD = 11.299021 GHS Apr 14, 2023, 18:33 UTC.
With the current mid-rate increasing by at least 50p, the first working day of the week is likely to see a marginal to high increase in the black market rate as well.
Our checks from Google showed a mid-rate of GHS11.80 per dollar which is an increase of 50p per dollar from the rate quoted on Saturday. The current US Dollar to Ghanaian Exchange Rate quoted by Google is $ to GHS11.80
What is the most current Black Market Dollar to Cedi Rate?
The most current Black Market Dollar to Cedi Rate 1 USD = 11.299021 GHS which was last updated on Apr 14, 2023, 18:33 UTC.
In a related development, the new bank rates quoted have also appreciated marginally with Access Bank’s Buy and Sell rate hovering between GHS11.00 and GHS11.90
What is $1000 worth in Ghanaian cedis now using the Black Market Rates?
It is worth GHS11299.00
US Dollar to Ghanaian Exchange Rate Shoots Up: Check New Bank Rates
| # | Name | Buying | Selling | MidRate |
|---|---|---|---|---|
| Binance P2P | 11.92 | 11.95 | 11.93 | |
| Access Bank | 11.00 | 11.90 | 11.45 | |
| GAFORB | 11.00 | 12.00 | 11.50 | |
| Bank Of Ghana | 10.93 | 10.94 | 10.93 | |
| CBG Bank | 10.90 | 12.09 | 11.49 | |
| GCB Bank | 10.85 | 11.85 | 11.35 | |
| Zenith Bank | 10.85 | 12.20 | 11.52 | |
| UBA | 10.85 | 11.85 | 11.35 | |
| Stanbic ank | 10.75 | 11.99 | 11.37 | |
| Absa Bank | 10.75 | 11.99 | 11.37 | |
| Fidelity Bank | 10.70 | 12.05 | 11.37 | |
| CalBank | 10.70 | 12.21 | 11.45 | |
| Standard Chartered | 10.60 | 11.90 | 11.25 | |
| Ecobank | 10.50 | 11.90 | 11.20 | |
| Visa | 9.42 | 12.84 | 11.13 |
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