US Dollar to Ghanaian Cedi Rates Up Again: Rates from Banks, Black Market and Forbes

0
US Dollar to Ghanaian Cedi Rates Up Again: Rates from Banks, Black Market and Forbes. Check all the new rates here and now where to trade.

The US Dollar to Ghanaian Cedi Bank Exchange Rates for the day are out, and clearly the Cedi has lost value again. As of Friday, the Cedi traded for GHS11.20 against the dollar per the rate quoted by Google and Forbes. However, on the first working day of the week, the one dollar is now worth at least GHS11.94. Thus, the cedi has depreciated by GHS0.74P over the last 48 hours.

US Dollar to Ghanaian Cedi Rate : Rate from Forbes

1 USD To GHS: United States Dollar To Ghanaian Cedi = 1 USD = 11.939537 GHS, Apr 17, 2023 10:05 UTC Per Forbes

 

Dollar to Cedi Rates from The Black Market

FAQs: How much is 1 dollar in Ghana’s black market?

As of Friday, the Black Market Rate of the Dollar to Cedi was $1 GHS11.26 however, a lot has changed in the last three days. The US Dollar to Ghanaian Cedi Bank Exchange Rates for 17th April 2023 is as follows. 1 USD = 11.760497 GHS, Apr 16, 2023 12:35 UTC. This rate is higher than rates quoted by the banks and will compel persons with dollars to head to the black market to trade.

Again, the Black Market rate is her than that quoted by the Forex Bureaus as well.  Whiles the black market quoted 1 USD = 11.760497 GHS Apr 16, 2023 12:35, the Forex Bureaus are quoting GHS11.20 as buying rate. This is shown in the table below, sourced from Forex Bureau Rates for: 17th Apr 2023 07:00 AM.

How much is $1000 worth using the US Dollar to Ghanaian Cedi Rate on the Black Market? 

$1000 worth is worth, 11760.497 GHS using the US Dollar to Ghanaian Cedi Rate on the Black Market

 

Currency

Buy Rate

 US Dollar¹ (USD)11.20
 British Pound (GBP)13.70
 Euros (EUR)12.00

 

Dollar to Cedi Rates Rates from Ghanaian Banks

Name

Buying

Selling

MidRate

11.6511.6611.65
11.0011.9011.45
11.0012.0011.50
10.9310.9410.93
10.9012.0911.49
10.8511.8511.35
10.8512.2011.52
10.8511.8511.35
10.7511.9911.37
10.7511.9911.37
10.7012.0511.37
10.7012.2111.45
10.6011.9011.25
10.5011.9011.20
9.4212.8411.13

Leave a Reply

Your email address will not be published. Required fields are marked *