Retail market sees Cedi improving further to GHS11.98 per dollar on May 24

The Ghanaian Cedi has kept its appreciation run against the United States dollar, with a buying rate of GHS11.18 per dollar and a selling rate of GHS11.98 as of Saturday, May 24, 2025.

At forex bureaus, the cedi is trading at GHS11.70 for those exchanging dollars for cedis and GHS12.50 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 GHS10.94 for buying dollars and GHS10.96 for selling dollars.

For the British pound, the average exchange rates are GHS15.09 for converting pounds to cedis and GHS16.17 for converting cedis to pounds.

Meanwhile, the Euro is trading at GHS12.67 for exchanging euros for cedis and GHS13.60 for converting cedis to Euros.

On the Bank of Ghana interbank market, the Pound is selling at GHS14.79, while the euro is trading at GHS12.42.

For money transfers, LemFi and Afriex are offering rates of GHS11.51 and GHS11.70 per dollar, respectively, for transfers from the US or the UK to Ghana.

For the British pound, LemFi and Afriex provide rates is GHS15.84 and GHS15.47 respectively.

For the Euro, Afriex offers GHS13.32 while LemFi’s rate stands at GHS13.05 per €1.

For digital subscription payments such as Netflix, Spotify, or Apple Music using Visa and Mastercard, the exchange rates are GHS11.34 each.