Dollar to Cedi Exchange Rates Today, 22nd December, 2023

Dollar to Cedi Exchange Rates Today, December 22, 2023, as the festive season draws closer.
As of now, 1 USD fetches somewhere between 11.50 GHS and 12.21 GHS, depending on where you choose to exchange. So, whether you’re sending money home, planning a trip, or simply keeping tabs on the market, knowing your options is key.
Who’s Offering What? A Marketplace Rundown
Commercial Banks: The traditional go-to for many, banks offer rates ranging from 11.60 GHS (CalBank) to 11.83 GHS (CBG Bank). Remember, the “mid-rate” often isn’t the whole story, so factor in any additional fees before committing.
Money Transfer Services: Looking for convenience? Options like Wise (11.64 GHS) and Remitly (11.50 GHS) might be tempting, but keep an eye out for hidden charges that can eat into your exchange.
Crypto Exchanges: Feeling adventurous? Platforms like Binance P2P (12.21 GHS) and CediConvert (12.16 GHS) offer potentially higher rates, but tread with caution! Crypto can be volatile, and understanding the risks is crucial.
Forex Bureaus: Don’t underestimate the local money changers! Places like GAFORB (12.10 GHS) and AfriSwap (12.10 GHS) can offer competitive rates and personalized service. Just do your research and compare before diving in.
Remember, the Right Choice Depends on Your Needs!
The “best” exchange rate depends on your priorities. Are you chasing the highest number, prioritizing speed, or valuing security? Weighing these factors will guide you to the platform that suits you best.
Stay Informed, Stay Smart:
Exchange rates fluctuate. To stay on top of the game, bookmark reliable sources like Bank of Ghana and compare rates across different platforms before making a move. Remember, a little knowledge goes a long way in maximizing your Cedis!
So, whether you’re a seasoned pro or a currency newbie, navigate the Cedi market with confidence today! And don’t forget to share your experiences and tips in the comments below. Happy exchanging!
P.S. Don’t forget about Visa (12.92 GHS), which offers a unique option for those using their cards for purchases. Just remember, the rate might differ from traditional exchange channels.
Dollar to Cedi Exchange Rates Today, December 22, 2023
Name | Buying | Selling | MidRate | |
---|---|---|---|---|
Binance P2P Crypto Exchange |
12.21 | 12.21 | 12.21 | |
WeWire Africa Fintech |
12.20 | 12.45 | 12.32 | |
CediConvert Crypto Exchange |
12.16 | 12.35 | 12.25 | |
GAFORB Forex Bureau |
12.10 | 12.35 | 12.22 | |
AfriSwap Forex Bureau |
12.10 | 12.30 | 12.20 | |
Express Forex Bureau |
12.10 | 12.30 | 12.20 | |
Western Union Money Transfer |
11.87 | – | – | |
Revolut Money Transfer |
11.84 | – | – | |
CBG Bank Commercial Bank |
11.83 | 12.23 | 12.03 | |
Stanbic Bank Commercial Bank |
11.80 | 12.15 | 11.97 | |
Fidelity Bank Commercial Bank |
11.75 | 12.17 | 11.96 | |
Access Bank Commercial Bank |
11.75 | 12.05 | 11.90 | |
Absa Bank Commercial Bank |
11.73 | 12.17 | 11.95 | |
Ecobank Commercial Bank |
11.70 | 12.00 | 11.85 | |
GCB Bank Commercial Bank |
11.70 | 12.05 | 11.87 | |
GTBank Commercial Bank |
11.69 | 12.19 | 11.94 | |
Wise Money Transfer |
11.64 | – | – | |
Bank Of Ghana Central Bank |
11.63 | 11.65 | 11.64 | |
Zenith Bank Commercial Bank |
11.63 | 12.15 | 11.89 | |
CalBank Commercial Bank |
11.60 | 12.20 | 11.90 | |
Standard Chartered Commercial Bank |
11.54 | 12.10 | 11.82 | |
UBA Commercial Bank |
11.50 | 12.05 | 11.77 | |
Remitly Money Transfer |
11.50 | – | – | |
Sendwave Money Transfer |
11.50 | – | – | |
WorldRemit Money Transfer |
11.48 | – | – | |
Visa Payment Processor |
– | 12.92 | – |
READ: How much is $1000 (Dollars) worth in Ghanaian Cedis (GHS) today?
The dollar-to-cedi rates provided here are the latest at mid-day. The Bank of Ghana (Central Bank) exchange rate remains the lowest on the market as it reflects the average interbank rates. The Bank of Ghana’s buying rate for a dollar is GHS11.63 while it is selling at GHS11.65
The US Dollar to Cedi exchange rates quoted by banks, Fintect, and others show the dola is heading towards a 13GHS rate. Binance P2P has quoted a dollar for GHS 12.2 and GHS 12.21 as selling and buying rates.
AfriSwap, a forex bureau located in OSU, has quoted a buying rate of GHS 12.10 and a selling rate of GHS 12.30.
GCB is selling a dollar for GHS 12.05, but it is buying at a lower rate of GHS 11.70 per dollar.
Forex bureaus and black markets remain the most profitable places to exchange due to their high exchange rates however, they also remain the most risky.