Dollar to Cedi Rates for Today: Banks, Forex Bureaus, Binance

The dollar-to-cedi exchange rates for today from banks, forex bureaus, and Binance are out for businesses, individuals, and forex traders in Ghana. The rates come along with the BoG interbank rate for dollars, which is pegged at $1 to GHS 11.85 and GHS 11.95 as the buying and selling rates, respectively.

These Bank of Ghana (Central Bank) rates are average interbank rates, which are different from the rates quoted by the banks and other stakeholders. While the interbank rates quoted are the lowest, the dollar-to-cedi exchange rates quoted by banks, forex bureaus, various fintech companies, and crypto exchange companies vary.

The best exchange rates are offered by Binance P2P and CediConvert (12.20–12.54 GHS per USD).

Read: Euro to Cedi Exchange Rates Today 31st December 2023

If you are looking for good exchange rates, consider WeWire Africa, AfriSwap, and GAFORB (12.10–12.40 GHS per USD).

For fair rates on the marker, consider Bank of Ghana, Wise, and Revolut (11.86–11.91 GHS per USD).

However, the lowest rates are offered by GCB Bank, CBG Bank, GTBank, Zenith Bank, Ecobank, Fidelity Bank, Access Bank, Stanbic Bank, Absa Bank, CalBank, UBA, and Standard Chartered (11.60–11.90 GHS per USD).

For those who will need money transfer services, consider Western Union (lower rate), Remitly, Sendwave, and WorldRemit (around 11.40 GHS per USD).

READ: Dollar to Cedi Exchange Rates for January 12, 2023: $1 selling for 12.86 (VISA)

What these rates mean:

Buying Rate: This is the rate at which you can exchange your USD for GHS. The higher the buying rate, the more GHS you get for your USD.
Selling Rate: This is the rate at which you can exchange your GHS for USD. The lower the selling rate, the less USD you pay for your GHS.
Mid-Rate: This is the average of the buying and selling rates.

Read: Dollar to Cedi Exchange Rates For February 2nd: How Fuel Prices Predict And Don't Predict Future Rates

Remember:

These are just indicative rates and may vary depending on the amount you’re exchanging and the specific platform you use.
Always check the latest rates before making a transaction.

Hopefully, this makes it easier to understand the different Dollar to Cedi exchange rates!

Dollar to Cedi Exchange Rates for Today

Name	Buying	Selling	MidRate
Binance P2P Crypto Exchange	12.50	12.54	12.52
CediConvert Crypto Exchange	12.28	12.48	12.38
WeWire Africa Fintech	12.20	12.50	12.35
AfriSwap Forex Bureau	12.15	12.40	12.27
GAFORB Forex Bureau	12.10	12.40	12.25
Western Union Money Transfer	11.95	–	–
Bank Of Ghana Central Bank	11.90	11.91	11.90
Wise Money Transfer	11.90	–	–
Revolut Money Transfer	11.86	–	–
GCB Bank Commercial Bank	11.85	12.13	11.99
CBG Bank Commercial Bank	11.85	12.25	12.05
GTBank Commercial Bank	11.83	12.20	12.01
Zenith Bank Commercial Bank	11.80	12.17	11.98
Ecobank Commercial Bank	11.75	12.05	11.90
Fidelity Bank Commercial Bank	11.75	12.16	11.95
Access Bank Commercial Bank	11.70	12.05	11.87
Stanbic Bank Commercial Bank	11.69	12.11	11.90
Absa Bank Commercial Bank	11.65	12.15	11.90
CalBank Commercial Bank	11.60	12.25	11.92
UBA Commercial Bank	11.55	12.07	11.81
Standard Chartered Commercial Bank	11.48	12.11	11.79
Remitly Money Transfer	11.41	–	–
Sendwave Money Transfer	11.41	–	–
WorldRemit Money Transfer	11.40	–	–
Visa Payment Processor	–	12.89	–