Dollar to Cedi Exchange Rates: BoG, Banks, Bureaus and FinTech

The dollar-to-cedi exchange rates from BoG, banks, bureaus, and fintech service providers are out for today, January 30th, 2024. At the time of this publication, Google quoted $1 as selling at a mid-rate of GHS 12.33. The Bank of Ghana’s interbank exchange rates is quoted as follows:

The buying rate of $1 is valued at GHS11.99.

The selling rate of $1 is valued at GHS 12.01.

Looking to exchange your dollars for cedis today? Comparing rates is crucial to maximizing your return. Here’s a breakdown of the buying and selling rates offered by various banks and money transfer services on January 30th, 2024:

How much is $1 in Ghana now?

Based on the above rate, 1 USD = 12.33876 GHS, while $100 is equivalent to 1233.876 GHS.

However, the rates quoted by BoG, banks, bureaus, and fintech vary for each individual business.

Binance P2P has quoted a buying rate of GHS 12.52 and a selling rate of GHS 12.52.

Western Union, at the time of this publication, has a buying rate of GHS 12.35 per dollar.

CediConvert is selling at GHS 12.48 and buying at GHS 12.28 per dollar.

READ: The Bank of Ghana has cut the policy rate to 29.0%

Top Rates:

Zenith Bank stands out with the highest buying rate of 12.42 GHS/USD, offering 4 cedis more per dollar than WorldRemit.
Standard Chartered offers the best selling rate of 12.49 GHS/USD, edging out Stanbic Bank by 5 cedis per dollar.

Competitive Options:

Commercial banks: Ecobank, GCB Bank, Fidelity Bank, Access Bank, and UBA offer similar rates, ranging from 11.95 to 12.25 GHS/USD for buying and 12.10 to 12.45 GHS/USD for selling.
Money Transfer Services: Remitly and Sendwave offer slightly lower rates compared to banks but might provide faster or more convenient transfer options.

Other Options:

CalBank: Offers the same selling rate as Stanbic Bank but a lower buying rate.
WorldRemit offers the lowest buying rate among the listed options.

Remember:

Rates are subject to change, so always double-check before finalising your transaction.
Consider additional fees or charges that might apply beyond the exchange rate.
Explore online platforms for real-time comparisons and potentially better deals.

By comparing rates, you can ensure you get the most cedis for your dollars!

READ: Job Vacancies for SHS and University Graduates at Ghanaeducation.org

Today’s Dollar to Cedi Exchange Rates From BoG, Banks, Bureaus and FinTech

Name	Buying	Selling	MidRate
Binance P2P Crypto Exchange	12.52	12.52	–
Western Union Money Transfer	12.35	–	–
CediConvert Crypto Exchange	12.28	12.48	–
AfriSwap Forex Bureau	12.25	12.55	12.40
GAFORB Forex Bureau	12.20	12.50	12.35
WeWire Africa Fintech	12.20	12.50	12.35
Revolut Money Transfer	12.17	–	–
CBG Bank Commercial Bank	12.10	12.55	12.32
GTBank Commercial Bank	12.01	12.40	12.20
Absa Bank Commercial Bank	12.00	12.45	12.22
Bank Of Ghana Central Bank	11.99	12.01	12.00
Wise Money Transfer	11.99	–	–
Ecobank Commercial Bank	11.95	12.25	12.10
GCB Bank Commercial Bank	11.95	12.30	12.12
Fidelity Bank Commercial Bank	11.95	12.45	12.20
Access Bank Commercial Bank	11.95	12.25	12.10
Zenith Bank Commercial Bank	11.90	12.42	12.16
Stanbic Bank Commercial Bank	11.88	12.40	12.14
Remitly Money Transfer	11.85	–	–
Sendwave Money Transfer	11.85	–	–
Standard Chartered Commercial Bank	11.82	12.49	12.15
UBA Commercial Bank	11.77	12.28	12.02
WorldRemit Money Transfer	11.70	–	–
CalBank Commercial Bank	11.70	12.45	12.07