The March 28, 2025, exchange rate between the US dollar and the Ghana cedi has been released. The exchange rate tells us how much US currency is worth compared to the Ghana cedi. For Ghana, what is worth the dollar in Cedis is very important for the economy. The exchange rate can affect companies, regular consumers, and investors in different ways.
| Provider | Buying Rate (GHS) | Selling Rate (GHS) |
|---|---|---|
| Payment Processors | ||
| Visa | – | 16.64 |
| Mastercard | – | 16.64 |
| Fintech Apps | ||
| Eversend | 15.43 | 16.58 |
| WeWire | 15.54 | 16.12 |
| Forex Bureaus | ||
| Aboki | 15.60 | 16.00 |
| Crypto Exchanges | ||
| Binance P2P | 15.81 | – |
| KuCoin P2P | 16.10 | – |
| Banks | ||
| Stanbic Bank | 15.36 | 15.68 |
| Fidelity Bank | 15.20 | 15.68 |
| Zenith Bank | 15.38 | 15.68 |
| CalBank | 15.20 | 15.67 |
| OmniBSIC | 15.31 | 15.66 |
| Absa Bank | 15.22 | 15.65 |
| CBG Bank | 15.55 | 15.65 |
| UBA | 15.35 | 15.65 |
| NIB | 15.25 | 15.65 |
| GTBank | 15.32 | 15.62 |
| GCB Bank | 15.35 | 15.60 |
| StanChart | 15.10 | 15.60 |
| Ecobank | 15.10 | 15.60 |
| Access Bank | 15.35 | 15.59 |
| Bank of Ghana | 15.52 | 15.54 |
| Money Transfer Services | ||
| WorldRemit | 15.43 | – |
| Remitly | 15.45 | – |
| Wise | 15.42 | – |
| Taptap Send | 15.40 | – |
| Sendwave | 15.43 | – |
| Western Union | 15.45 | – |
| LemFi | 15.43 | – |
Ghana’s Dollar-Cedi Exchange Rates For Today March 28, 2025 and Insights for Businesses, Consumers, and Investors
In March 2025, if the dollar was strong against the Cedi, this meant that it took more Cedis to buy a dollar. For companies that import goods from the United States or from other countries that use the dollar, a stronger dollar would mean higher costs. Many companies in Ghana rely on imported products, such as machinery, electronics, and raw materials. This higher import cost could involve an increase in prices for consumers. If a company has to pay more to obtain the products it needs, it can transmit these costs to customers.
For example, if a business matters machinery at a exchange rate of 7 cedis per dollar compared to a previous rate of 5 cedis per dollar, this company now pays 40% more only for the currency conversion. This increase in costs could encourage companies to look for alternative suppliers within Ghana or in other countries where products have a Cedis price to avoid high currency exchange costs.
On the other hand, a strong dollar could also mean opportunities for companies that export their assets. If Ghanaian products are exported to countries with stronger currencies, companies can earn more Cedis when converting the dollars to Cedis. For example, if a Ghanaian cocoa exporter sells cocoa in the United States for $ 100, with a strong dollar exchange rate, they would receive more Cedis during the conversion of this amount. This can increase their profit margins and encourage more exports. This cycle can also create more jobs in the export sector, for the benefit of the economy.
Consumers, on the other hand, face several challenges. If the dollar is strong, the goods imported become more expensive. This could affect daily products such as electronics, clothing and even food products that are imported. For many families in Ghana, these price increases can put their budget to the test. When imported goods cost more, consumers may have to choose cheaper alternatives or reduce spending. A strong dollar can lead to inflation, which means that prices increase overall. This can create financial pressure and lead to a decline in the standard of living for the normal families of Ghana.
Investors also consider the exchange rate as an important indicator of economic health. A weak transfer against a strong dollar can indicate that the Ghana economy is struggling. Investors can consider this as a signal to take their money elsewhere, worried about the risks of investing in a currency that is losing value. This could lead to a reduction in investments in Ghana, slowing down economic growth. On the contrary, if the Cedi is strengthened against the dollar, it can encourage foreign investments, since investors could see this as a sign of a robust economy.
The financial parties, such as currency banks and traders, closely monitor the exchange rates. They provide valuable insights and data that can help companies, consumers and investors make informed decisions. Banks, for example, could offer better rates for the exchange of currencies if they see a strong dollar or a weak transfer, pushing people to exchange their currencies first rather than after. Currency traders could cover their bets to minimize losses if they provide currency variations.
The government also plays a role to play in the stabilization of the currency. A strong dollar can push the government’s intervention to protect the yields. For example, the central bank of Ghana may decide to increase interest rates to help strengthen the yields. Higher interest rates could have contrasting effects on the economy. Although they can help you give strength, they could also make loans more expensive for companies and consumers, which could reduce spending.
In summary, the exchange rate between the dollar and the Cedi on March 28, 2025 is a critical factor that affects many areas of life in Ghana. For companies, it can mean higher costs for imports or better export profits. For consumers, it can lead to higher prices and financial voltage. For investors, he places risks and opportunities according to the strength of the Credi. All these factors influence the general economy and reflect the way in which interconnected global currencies are in today’s world.
As we look towards the future, understanding the implications of exchange rates will be essential for anyone involved in the economic activity in Ghana. Companies must adapt their strategies based on currency fluctuations and consumers must remain aware of the variations of prices that affect their budgets. Investors will continue to look closely at the exchange rates, as they can have a significant impact on the flow of capital inside and outside Ghana. In the end, everyone is connected through these exchange rates, illustrating the complexity of the economy and finance in the modern world.
