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Cedi ends 2024 at GHS15.11 to $1, GHS14.72 on BoG interbank

By Isaac Donkor Distinguished
  31 Dec 2024
CediRates Spotlight Cedi ends 2024 at GHS15.11 to $1, GHS14.72 on BoG interbank
TUE, 31 DEC 2024

The Ghanaian Cedi has maintained value in the selling rate but has depreciated in the buying rate by 2 pesewas, against the United States dollar compared to Monday.

The buying rate as at 10:00 am on Tuesday, December 31, 2024, is GHS14.61 while the selling rate is being offered at GHS15.11.

This is based on data provided by Cedirates.com, a well-known Ghanaian website for currency and fuel updates.

The Cedi is trading at GHS14.70 on purchasing rate and GHS14.72 selling price at interbank rates against the US dollar.

The buying and selling rates of the British Pound Sterling are, on average, GHS18.09 and GHS19.00, respectively.

The purchasing and selling rates for the Euro are GHS15.08 and GHS15.79, respectively.

The selling price of the Pound Sterling on the Bank of Ghana interbank market is GHS18.42.

The Euro is currently selling at GHS15.29 on the interbank market.

Through LemFi and Afriex, people can send money to Ghana from the US or the UK at GHS14.55 and GHS14.30 respectively for each dollar.

The two money transfer sites are offering buying and selling rates of GHS18.30 and GHS14.75 for the British Pound, respectively.

In the Euro rates on Tuesday, Afriex is selling GHS14.90, while Lemfi offers 15.20 for €1.

For those who will be renewing their Netflix, Spotify or Apple Music subscriptions through Visa and Mastercard, both payment processors are offering a US dollar for GHS15.78 each.

Isaac Donkor Distinguished
Isaac Donkor Distinguished

Is a journalist with a keen interest in politics, current affairs, and social issuesPage: isaac-donkor-distinguished

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