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.

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

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