Cedi sells at GH¢21.00 at some forex bureaus
For the first time since November 2024, the British Pound is currently selling above GH¢21.00 at some forex bureaus.
The cedi has remained relatively stable in recent weeks, despite ongoing trade tensions in the United States.
According to the Bank of Ghana’s daily update on April 15, 2025, the cedi was trading at a buying price of GH¢15.50 and a selling price of GH¢15.52 to the US dollar.
The British Pound was being bought at GH¢20.43 and sold at GH¢20.46, while the Euro traded at a buying price of GH¢17.62 and a selling price of GH¢17.63.
However, checks by GhanaWeb Business on CediRates on April 15, 2025, at 2:40 PM indicate that the cedi is trading at GH¢16.05 to the dollar, while the Pound is being sold at GH¢21.00 at some major forex bureaus across the country.
Additionally, the Euro is trading at GH¢18.10 on the retail market.
In practical terms, converting £1,000 today would require approximately GH¢21,000.
Reports suggest that while the dollar rate has remained stable, the Euro and Pound have experienced fluctuations due to shifts by investors following recent trade agreements.
SSD/MA
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