How much is $1000 in Ghanaian Cedis Today: Bank Vs BoG Vs Black Market
Do you know exactly How much $1000 is equal to in Ghanaian Cedis Today?
Which rate are you going to use in calculating the value in cedis?
Will you use the Bank of Ghana Interbank Exchange Rate, Bank Rate, The exchange rate quoted by forexc bureaus or That of the Black Market?
Let us help you do the calculation the right way.
The Ghanaian cedi continues to lose value leading to the appreciation of the US Dollar in the forex exchange market.
To calculate or convert $1000 in Ghanaian Cedis Today, you need to make a choice from the several rates available for the same currency in different markets. And the market you want to swap your dollars for will detwrmine the final rate to use.
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How much is $1000 in Ghanaian Cedis Today: Bank Vs BoG Vs Black Market
Using the Bank of Ghana Interbank rates
The Interbank rate is $1 = 10.94 hence $1000 will be equal to GHS10,940
How much is $100 in Ghanaian Cedis Today? This is worth GHS1094
READ: Weekend Dollar to Cedi Exchange rates out after rising sharply for 2 days in a row
Using the Black Market rates
The black market rate is $1 = 11.26 hence $1000 will be equal to GHS11,260
How much is $100 in Ghanaian Cedis in the Black Today? This is worth GHS1126
READ: US Dollar to Ghanaian Cedi Rates Go Up In All Banks
Using the Bank rates
| # | Name | Buying | Selling | MidRate |
|---|---|---|---|---|
| Binance P2P | 12050 | 12090 | 12070 | |
| Access Bank | 11000 | 11900 | 11450 | |
| Bank Of Ghana | 10930 | 10940 | 10930 | |
| CBG Bank | 10900 | 12090 | 11490 | |
| GCB Bank | 10850 | 11850 | 11350 | |
| Zenith Bank | 10850 | 12200 | 11520 | |
| UBA | 10850 | 11850 | 11350 | |
| GAFORB | 10800 | 11800 | 11300 | |
| Stanbic Bank | 10750 | 11990 | 11370 | |
| Absa Bank | 10750 | 11990 | 11370 | |
| Fidelity Bank | 10700 | 12050 | 11370 | |
| CalBank | 10700 | 12210 | 11450 | |
| Standard Chartered | 10600 | 11900 | 11250 | |
| Ecobank | 10500 | 11900 | 11200 | |
| Visa | 10230 | 12470 | 11350 |
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