As the cedi continues to decline, the dollar exchange rate is increasing more quickly.

 

As the cedi continues to decline, the dollar exchange rate is increasing more quickly.

As the cedi continues to weaken, the dollar exchange rate to cedi is increasing more quickly. The dollar has been on the rise and has established a position of dominant power and influence over the cedi since December 23, 2023, when it began to recover against the cedi.

The cedi rate was set at GHS8.95 per $1 on December 16; as of today, Google has set the rate at GHS11.96. A dollar is being sold for GHS13.20 in Accra at forex offices like Afriswap.

Current dollar to cedi exchange rate

The bank/dollar/cedi institution's exchange rate

Accra-based bank or institution: Afriswap Bureau De Change

$1's purchasing power equals GHS12.5

$1 in sales equals GHS13.20.

Bank or establishment: Bank of Ghana

GHS10.33 is the exchange rate for $1.

$1 worth of goods sold equals GHS10.34.

Bank or organization: GCB

$1's purchase equals GHS10.00.

GHS12.75 in sales per $1.

Bank or establishment: StanBic Bank

$1's purchase equals GHS10.50.

GHS12.50 in sales per $1.

Bank or Organization: ABSA

GHS10.00 is the exchange rate for $1.

GHS12.80 in sales per $1.

Bank or establishment: Fidelity Bank

$1's purchase equals GHS10.80.

GHS12.79 in sales per $1.

Bank or Organization: CBG

$1's purchase equals GHS11.05.

$1 in sales equals GHS13.05.

Bank or establishment: CalBank

$1's purchase equals GHS10.50.

GHS12.51 in sales per $1.

Bank or establishment: GT Bank

$1's purchase equals GHS10.50.

GHS12.99 in sales per $1.