The dollar-to-cedi exchange rates for today, January 26th, are out. A glance at the rates indicates that the dollar is selling between GHS 12.20 and GHS 13.07. The Google reported exchange rate pegs a cedi to the dollar at GHS 12.22 and shows an upward appreciation of the dollar against the cedi. This is an indication that the cedi is losing value compared to the dollar.
Below are the full details to help you make informed buying and selling decisions on the open market.
Per the Google rate of $1 dollar to GHS12.22, a $100 is equal to GHS1221.63 in Ghana today.
Accordog to Forbes ,United States Dollar to Ghanaian Cedi conversion is $1 to 12.115864 Ghanaian Cedi
The rates quoted vary between commercial banks, fintech, forex bureaus, money transfer service providers, crypto exchanges, and the Bank of Ghana.
The best buying and selling rates offered by commercial banks are by CBG Bank. The CBG Bank is buying a dollar for GHS12.00 and selling it for GHS12.45.
AfriSwap Forex Bureau in Osu offers the best rate. The buying rate is $1 to 12.25, while the selling price is GHS 12.40 for every dollar.
The crypto exchange price offered by Binance P2P remains the best today. The buying rate is $1 for GHS 12.49, while its selling rate is GHS 12.50 for every dollar.
VISA is selling a dollar for GHS13.07, which is the highest rate quoted today.
Dollar to Cedi Exchange Rates: Commercial Banks, Fintech, Forex Bureaus, Money Transfer Service Providers, Crypto Exchanges, and Bank of Ghana.
Finding the best dollar to cedi exchange rate can be tricky, with options ranging from commercial banks to fintech companies and forex bureaus. To help you navigate the options, we’ve categorized the rates on January 26, 2024, based on provider type:
Commercial Banks:
- Best Buying Rate: CBG Bank (12.00 GHS/USD)
- Best Selling Rate: CBG Bank (12.45 GHS/USD)
- Best Mid-Rate: GTBank (12.17 GHS/USD)
- Other Banks: GCB Bank (11.95 GHS/USD), Absa Bank (11.95 GHS/USD), Access Bank (11.92 GHS/USD), Ecobank (11.90 GHS/USD), Fidelity Bank (11.90 GHS/USD), Zenith Bank (11.87 GHS/USD), Stanbic Bank (11.85 GHS/USD), UBA (11.77 GHS/USD), Standard Chartered (11.72 GHS/USD), CalBank (11.70 GHS/USD)
Fintech:
- WeWire Africa: 12.20 GHS/USD (buying), 12.50 GHS/USD (selling), 12.35 GHS/USD (mid-rate)
Forex Bureaus:
- AfriSwap: 12.25 GHS/USD (buying), 12.55 GHS/USD (selling), 12.40 GHS/USD (mid-rate)
- GAFORB: 12.10 GHS/USD (buying), 12.50 GHS/USD (selling), 12.30 GHS/USD (mid-rate)
Money Transfer Services:
- Western Union: 12.16 GHS/USD (buying)
- Revolut: 11.96 GHS/USD (selling)
- Remitly: 11.80 GHS/USD (selling)
- Sendwave: 11.80 GHS/USD (selling)
- Wise: 11.96 GHS/USD (selling)
- WorldRemit: 11.45 GHS/USD (selling)
Crypto Exchanges:
- Binance P2P: 12.49 GHS/USD (buying), 12.50 GHS/USD (selling)
- CediConvert: 12.28 GHS/USD (buying), 12.48 GHS/USD (selling)
Central Bank:
- Bank of Ghana: 11.96 GHS/USD (official rate)
Tips for Getting the Best Rate:
- Compare rates: Don’t just stick with your usual provider. Check rates across different categories to find the best deal.
- Consider fees: Some providers may offer lower rates but charge additional fees. Make sure to factor in all costs before making a decision.
- Look for promotions: Some providers offer special promotions or discounts. Keep an eye out for these to save even more money.
- Time your transaction: Rates can fluctuate throughout the day and week. Try to time your transaction when the rate is most favorable.
Remember, the best dollar to cedi rate for you will depend on your specific needs and priorities. Take the time to compare your options and choose the provider that offers the best combination of rate, fees, and convenience.
Dollar to Cedi Exchange Rates for 26th January 2024
The Dollar to Cedi exchande rates in the table below are provided by Cedirates
| Name | Buying | Selling | MidRate | |
|---|---|---|---|---|
| Binance P2P Crypto Exchange | 12.49 | 12.50 | – | |
| CediConvert Crypto Exchange | 12.28 | 12.48 | – | |
| AfriSwap Forex Bureau | 12.25 | 12.55 | 12.40 | |
| WeWire Africa Fintech | 12.20 | 12.50 | 12.35 | |
| Western Union Money Transfer | 12.16 | – | – | |
| GAFORB Forex Bureau | 12.10 | 12.50 | 12.30 | |
| CBG Bank Commercial Bank | 12.00 | 12.45 | 12.22 | |
| GTBank Commercial Bank | 11.98 | 12.36 | 12.17 | |
| Revolut Money Transfer | 11.96 | – | – | |
| Bank Of Ghana Central Bank | 11.96 | 11.97 | 11.97 | |
| Wise Money Transfer | 11.96 | – | – | |
| GCB Bank Commercial Bank | 11.95 | 12.25 | 12.10 | |
| Absa Bank Commercial Bank | 11.95 | 12.40 | 12.17 | |
| Access Bank Commercial Bank | 11.92 | 12.22 | 12.07 | |
| Ecobank Commercial Bank | 11.90 | 12.20 | 12.05 | |
| Fidelity Bank Commercial Bank | 11.90 | 12.40 | 12.15 | |
| Zenith Bank Commercial Bank | 11.87 | 12.32 | 12.09 | |
| Stanbic Bank Commercial Bank | 11.85 | 12.35 | 12.10 | |
| Remitly Money Transfer | 11.80 | – | – | |
| Sendwave Money Transfer | 11.80 | – | – | |
| UBA Commercial Bank | 11.77 | 12.27 | 12.02 | |
| Standard Chartered Commercial Bank | 11.72 | 12.35 | 12.03 | |
| CalBank Commercial Bank | 11.70 | 12.40 | 12.05 | |
| WorldRemit Money Transfer | 11.45 | – |
The Ghana Education News Editorial Team is a specialized collective of education researchers, journalists, and policy analysts dedicated to providing high-fidelity reporting on the Ghanaian academic landscape. Serving as a primary bridge between governing bodies—including the Ghana Education Service (GES) and WAEC—and the public, the team leverages over a decade of combined experience to serve students, parents, and educators nationwide.
Lead Architect & Editor-in-Chief
The team is led 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.
Wisdom’s 360-degree view of institutional challenges is grounded in his tenure as College President and Lecturer at Pinnacle College (Achimota), as well as his background as a school administrator and accountant. He is a dedicated lifelong learner currently advancing his studies at the Accra Institute of Technology (AIT), with academic ties to the University of Professional Studies, Accra (UPSA).
An accomplished author, his works include Returnees of the Dead Forest (UK Published), Simplified Beacon of Light (850+ Q&A), and The Leader in Me. A foundational pillar of the award-winning NGO Human Rights Reporters Ghana (HRRG), Wisdom is committed to building intelligent systems that solve societal problems and prepare the next generation of Ghanaian students for a digital future.
Contact: 0550360658 | Portals: GhanaEducation.org, GhanaEducationNews.org, SkulManager.com, BECEPrep.com. Educationnewsconsult.com etc