Dollar to Cedi Rate Up in Nearly All Banks: Check the current rates

by Wisdom K.E Hammond · February 16, 2023

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

Institution	Buying	Selling
Bank of Ghana	10.79	10.80
Ecobank	11.00	12.90 (UP)
GCB	11.00 (UP)	12.60 (UP)
Stanbic Bank	11.00	12.80
ABSA	11.15 (UP)	12.80
Fidelity Bank	11.00 (UP)	12.85 (UP)
CBG	10.80 (UP)	12.80 (UP)
Standard Chartered	10.20 (UP)	12.50 (UP)
Zenith	11.00 (UP)	12.99 (UP)
CalBank	10.80 (UP)	12.96 (UP)
Access Bank	11.60 (UP)	N/A
GAFORB	12.00	12.80
Binance P2P	12.69 (UP)	12.73 (UP)

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