In the latest exchange rate update, the Ghana Cedi continues to show stability against major currencies, according to figures from Cedirates.com.
As of December 11, the Bank of Ghana (BoG) interbank rates indicate that the Cedi is trading against the US Dollar at a buying price of GHS 11.6243 and a selling price of GHS 11.6359.
At some forex bureaus in Accra, the exchange rates for the US Dollar vary slightly.
The Dollar is being bought at a rate of GHS 12.00 and sold at GHS 12.25.
For those interested in exchanging Ghana Cedis for British Pounds Sterling, the interbank rates indicate a buying price of GHS 14.90 and a selling price of GHS 15.40.
Regarding the Euro, the interbank rates show a buying price of GHS 12.5215 and a selling price of GHS 12.5340.
For digital transactions, it is recommended to utilize CediConvert and WeWire Africa.
CediConvert offers competitive rates with a buying rate of GHS 12.16 and a selling rate of GHS 12.35.
WeWire Africa is also providing a buying rate of GHS 12.16 and a selling rate of GHS 12.42.
It is important to note that the rate provided by Visa which is GHS12.92 is applicable for online transactions.