Finding the best exchange rate for your Ghanaian cedis can be a confusing game. With so many platforms and providers, it’s hard to know who to trust and where to get the most bang for your buck. But fear not, savvy exchanger! This blog post is your one-stop shop for navigating the current Dollar, Pound, and Euro to Cedi exchange rates as of Thursday, January 4, 2024.
Dollar Power: Where to Get the Most Cedis per Dollar
If you’re dealing in greenbacks, you’re in luck. The Cedi is currently holding strong against the Dollar, offering some fantastic rates. Here’s a quick breakdown of who’s offering the most cedis per dollar:
- Top Contenders: WeWire Africa takes the crown with a mid-rate of 12.32 GHS/USD. Binance P2P and CediConvert follow closely behind with 12.23 and 12.16 GHS/USD, respectively.
- Best Banks: For those seeking the security of a traditional bank, Bank of Ghana offers a respectable 11.88 GHS/USD. CBG Bank comes in a close second with 11.97 GHS/USD.
- Money Transfer Services: Wise and Revolut offer competitive rates for online transfers, at 11.88 and 11.79 GHS/USD respectively. Western Union falls slightly behind at 11.62 GHS/USD.
Dollar to Ghana Cedi Exchange Rates for Today
READ: Exchange Rates for Dollar and Cedi Out for January 3rd, 2024
| Name | Buying | Selling | MidRate | |
|---|---|---|---|---|
| Binance P2P Crypto Exchange | 12.23 | 12.23 | 12.23 | |
| CediConvert Crypto Exchange | 12.16 | 12.35 | 12.25 | |
| Express Forex Bureau | 12.10 | 12.30 | 12.20 | |
| WeWire Africa Fintech | 12.03 | 12.32 | 12.17 | |
| GAFORB Forex Bureau | 12.00 | 12.35 | 12.17 | |
| AfriSwap Forex Bureau | 12.00 | 12.25 | 12.12 | |
| Western Union Money Transfer | 11.88 | – | – | |
| Wise Money Transfer | 11.88 | – | – | |
| Bank Of Ghana Central Bank | 11.87 | 11.88 | 11.88 | |
| CBG Bank Commercial Bank | 11.80 | 12.15 | 11.97 | |
| Revolut Money Transfer | 11.79 | – | – | |
| Ecobank Commercial Bank | 11.68 | 11.98 | 11.83 | |
| Stanbic Bank Commercial Bank | 11.65 | 12.00 | 11.82 | |
| Access Bank Commercial Bank | 11.65 | 12.00 | 11.82 | |
| Zenith Bank Commercial Bank | 11.63 | 12.10 | 11.86 | |
| GTBank Commercial Bank | 11.63 | 12.05 | 11.84 | |
| WorldRemit Money Transfer | 11.62 | – | – | |
| GCB Bank Commercial Bank | 11.60 | 12.00 | 11.80 | |
| CalBank Commercial Bank | 11.60 | 12.15 | 11.87 | |
| Absa Bank Commercial Bank | 11.55 | 12.10 | 11.82 | |
| Fidelity Bank Commercial Bank | 11.55 | 12.05 | 11.80 | |
| UBA Commercial Bank | 11.55 | 12.02 | 11.78 | |
| Standard Chartered Commercial Bank | 11.45 | 12.06 | 11.75 | |
| Remitly Money Transfer | 11.39 | – | – | |
| Sendwave Money Transfer | 11.39 | – | – | |
| Visa Payment Processor | – | 12.84 | – |
Pound to Ghana Cedi Exchange Rates for Today
Holding British Pounds? You’ve got options! The Pound is slightly weaker against the Cedi compared to the Dollar, but there are still some great rates to be found.
- Top Picks: WeWire Africa once again shines with a mid-rate of 15.50 GHS/GBP. AfriSwap and Wise follow closely behind at 15.30 and 15.07 GHS/GBP, respectively.
- Banks and Transfers: Bank of Ghana offers a reliable rate of 15.01 GHS/GBP, while Revolut provides a convenient online option at 14.98 GHS/GBP. Western Union falls behind at 14.82 GHS/GBP.
| Name | Buying | Selling | MidRate | |
|---|---|---|---|---|
| WeWire Africa Fintech | 15.21 | 15.79 | 15.50 | |
| AfriSwap Forex Bureau | 15.10 | 15.50 | 15.30 | |
| Wise Money Transfer | 15.07 | – | – | |
| Bank Of Ghana Central Bank | 15.01 | 15.02 | 15.01 | |
| GAFORB Forex Bureau | 15.00 | 15.50 | 15.25 | |
| Revolut Money Transfer | 14.98 | – | – | |
| Western Union Money Transfer | 14.82 | – | – | |
| Express Forex Bureau | 14.80 | 15.40 | 15.10 | |
| Ecobank Commercial Bank | 14.76 | 15.14 | 14.95 | |
| CBG Bank Commercial Bank | 14.76 | 15.26 | 15.01 | |
| UBA Commercial Bank | 14.72 | 15.34 | 15.03 | |
| WorldRemit Money Transfer | 14.72 | – | – | |
| GCB Bank Commercial Bank | 14.70 | 15.20 | 14.95 | |
| Stanbic Bank Commercial Bank | 14.67 | 15.20 | 14.93 | |
| Sendwave Money Transfer | 14.65 | – | – | |
| GTBank Commercial Bank | 14.63 | 15.36 | 14.99 | |
| Remitly Money Transfer | 14.63 | – | – | |
| Absa Bank Commercial Bank | 14.60 | 15.30 | 14.95 | |
| Access Bank Commercial Bank | 14.58 | 15.45 | 15.01 | |
| Fidelity Bank Commercial Bank | 14.51 | 15.28 | 14.89 | |
| CalBank Commercial Bank | 14.50 | 15.60 | 15.05 | |
| Standard Chartered Commercial Bank | 14.34 | 15.43 | 14.88 | |
| Zenith Bank Commercial Bank | 14.14 | 15.33 | 14.73 | |
| Visa Payment Processor | – | 16.28 | – |
Euro to Cedi Exchange Rates Today
If you’re dealing in Euros, you’ll find rates similar to the Pound. Here’s where to get the most cedis for your euros:
- Frontrunners: WeWire Africa continues its dominance with a mid-rate of 13.36 GHS/EUR. AfriSwap and GAFORB offer competitive rates at 13.15 and 13.20 GHS/EUR, respectively.
- Banking on Rates: Bank of Ghana provides a solid rate of 12.96 GHS/EUR, while CBG Bank offers a convenient banking option at 13.00 GHS/EUR.
| Name | Buying | Selling | MidRate | |
|---|---|---|---|---|
| WeWire Africa Fintech | 13.12 | 13.61 | 13.36 | |
| Wise Money Transfer | 13.00 | – | – | |
| GAFORB Forex Bureau | 13.00 | 13.40 | 13.20 | |
| Bank Of Ghana Central Bank | 12.95 | 12.96 | 12.96 | |
| Revolut Money Transfer | 12.91 | – | – | |
| AfriSwap Forex Bureau | 12.90 | 13.40 | 13.15 | |
| Ecobank Commercial Bank | 12.79 | 13.12 | 12.96 | |
| CBG Bank Commercial Bank | 12.78 | 13.22 | 13.00 | |
| GCB Bank Commercial Bank | 12.75 | 13.20 | 12.97 | |
| UBA Commercial Bank | 12.73 | 13.27 | 13.00 | |
| Remitly Money Transfer | 12.73 | – | – | |
| Express Forex Bureau | 12.70 | 13.30 | 13.00 | |
| Stanbic Bank Commercial Bank | 12.69 | 13.18 | 12.94 | |
| Zenith Bank Commercial Bank | 12.67 | 13.30 | 12.98 | |
| Western Union Money Transfer | 12.66 | – | – | |
| Absa Bank Commercial Bank | 12.66 | 13.26 | 12.96 | |
| GTBank Commercial Bank | 12.63 | 13.32 | 12.97 | |
| Access Bank Commercial Bank | 12.62 | 13.40 | 13.01 | |
| Sendwave Money Transfer | 12.60 | – | – | |
| Fidelity Bank Commercial Bank | 12.58 | 13.25 | 12.91 | |
| CalBank Commercial Bank | 12.52 | 13.48 | 13.00 | |
| Standard Chartered Commercial Bank | 12.40 | 13.38 | 12.89 | |
| WorldRemit Money Transfer | 11.51 | – | – | |
| Visa Payment Processor | – | 14.08 | – |
Beyond the Numbers: Tips for Smart Exchanging
Remember, the best exchange rate isn’t just about the numbers. Here are some extra tips for getting the most out of your exchange:
READ: Exchange Rates for Dollar and Cedi Out for January 3rd, 2024
- Compare fees: Look beyond the headline rate and check for hidden fees or transfer charges.
- Consider timing: Rates can fluctuate daily, so research and exchange when the Cedi is strong.
- Think volume: Larger transactions often qualify for better rates.
- Read reviews: Check online reviews to see what other users experience with different providers.
With this information and a little savvy, you’ll be exchanging your Dollars, Pounds, and Euros to Cedis like a pro in no time! Remember, knowledge is power, and when it comes to currency exchange, the right information can save you money. So, go forth and conquer those exchange rates!