The Ghanaian cedi has appreciated against the United States dollar, with GHS15.25 buying rate per dollar and the selling rate at GHS15.73 for those converting cedis to dollars as of Friday, February 7, 2025.
This marks a 1 pesewa rise in both the buying and selling rates compared to Thursday’s averages.
At forex bureaus, the cedi is trading at GHS15.50 for those exchanging dollars for cedis and GHS15.90 for those converting cedis to dollars.
This data is sourced from Cedirates.com, a reputable Ghanaian platform for currency and fuel updates.
On the interbank market, the cedi is trading at GHS15.44 for buying dollars and GHS15.46 for selling dollars.
For the British Pound, the average exchange rates are GHS18.51 for converting pounds to cedis and GHS19.62 for converting pounds to cedis.
Meanwhile, the Euro is trading at GHS15.74 for exchanging euros for cedis and GHS16.42 for exchanging crdis for euros.
On the Bank of Ghana interbank market, the Pound is selling at GHS19.21, and the Euro is trading at GHS16.03.
For money transfers, LemFi and Afriex are offering rates of GHS15.30 and GHS15.39 respectively per dollar for transfers from the US or the UK to Ghana.
For the British Pound, LemFi and Afriex provide rates of GHS19.00 and GHS19.45, respectively. For the Euro, Afriex offers GHS16.03, while LemFi rates also stand at GHS15.85 per €1.
For digital subscription payments such as Netflix, Spotify, or Apple Music using Visa and Mastercard, the exchange rates is GHS16.53 each.
