The Cedi is depreciating on the Foreign Exchange Market and the US Dollar to Ghanaian Cedi Exchange Rate for 11th January 2023 tells in all.
The Interbank rates from the Bank of Ghana, Rates from Forex Bureaus, and those quoted by the top seven banks in Ghana point to an appreciation of the dollar against the local currency.
The facts published in this article are to aid actors in the market to get the prevailing reliable information to aid in their decision making.
Forex Bureaus Rates From Afriswap Bureau De Change, Accra, Ghana.
| Currency | Buy Rate |
 US Dollar¹ (USD) | 11.60 |
 British Pound (GBP) | 13.80 |
 Euros (EUR) | 11.80 |
| Currency | Sell Rate |
| US Dollar¹ (USD) | 12.30 |
| British Pound (GBP) | 14.70 |
| Euros (EUR) | 12.70 |
Dollar to Cedi Rates Quoted By Banks in Ghana for Today
Reliable US Dollar to Ghanaian Cedi Exchange Rate from Cedi Rates @CediRates
The rates quoted by Cedi Rates were the exchange rates quoted by banks for the Dollar on the 10th of January 2023 and shared below are expected to be lower than rates yet to be received by GhanaEducation.org for the day.
Below are the 10th January rates by banks
READ: Dollar to Cedis bank rates and Dollar to cedis Forex Bureau rates for 9th January 2023
At the Bank of Ghana, the Buy rate for the dollar was GHS9.0 and the sell rate was GHS9.01
At the GCB, the Buy rate for the dollar was GHS10.0 and the sell rate was GHS11.65
At the Stanbic Bank, the Buy rate for the dollar was GHS9.90 and the sell rate was GHS11.95
At the ABSA, the Buy rate for the dollar was GHS10.50 and the sell rate was GHS12.50
At Fidelity Bank, the Buy rate for the dollar was GHS10.50 and the sell rate was GHS12.25
At CBG, the Buy rate for the dollar was GHS910.40 and the sell rate was GHS12.40
At the CalBank, the Buy rate for the dollar was GHS9.50 and the sell rate was GHS12.01
At the Societe Generale, the Buy rate for the dollar was GHS9.50 and the sell rate was GHS12.59
At the Ghana Association of Forex Bureaux, the Buy rate for the dollar was GHS11.00 and the sell rate was GHS12.00
At the Binance P2P, the Buy rate for the dollar was GHS12.32 and the sell rate was GHS12.35
The Interbank rates quoted by the BoG today show that the Cedi continues to depreciate against the dollar and other major trading currencies. The rates quoted for the three major trading currencies today by the BoG are as follows.
January 10th BoG rates Vs January 11th BoG Rates
US Dollar to Ghanaian Cedi Exchange Rate and other currency rates – January 11th, 2023 Rates
January 11th, 2023 – Buy Rates
1 USD >>>>> GHS9.0002 (BUYING) and GHS9.0091 (SELLING)
1 GBP >>>>> GHS10.8110 (BUYING) and GHS910.8237 (SELLING)
1 EUR >>>>> GHS9.5361 (BUYING) and GHS9.5455 (SELLING)
January 11th, 2023 – Sell Rates
1 USD >>>>> GHS9.0052 (BUYING) and GHS9.0142 (SELLING)
1 GBP >>>>> GHS10.9359 (BUYING) and GHS910.9487 (SELLING)
1 EUR >>>>> GHS9.6581 (BUYING) and GHS9.6685 (SELLING)
However, the rates quoted by the banks and forex bureaus are far higher than the rates of the BoG
The Ghana Education News Editorial Team is a specialized collective of education researchers, journalists, and policy analysts dedicated to providing high-fidelity reporting on the Ghanaian academic landscape. Serving as a primary bridge between governing bodies—including the Ghana Education Service (GES) and WAEC—and the public, the team leverages over a decade of combined experience to serve students, parents, and educators nationwide.
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