The Ghanaian Cedi’s Resurgence: A Detailed Analysis of Exchange Rates
The Ghanaian Cedi has experienced a period of significant appreciation against major international currencies, marking a positive shift in the country’s economic landscape. As of May 17, 2025, the Cedi demonstrated robust performance against the US dollar, with a buying rate of GHS12.21 and a selling rate of GHS13.00. This upward trend is reflected across various exchange platforms, including forex bureaus and the interbank market. This resurgence comes as welcome news for businesses, individuals, and the Ghanaian economy as a whole, potentially signaling improved economic stability and reduced import costs.
Forex bureaus, which serve as key players in the currency exchange market, offered slightly different rates. For individuals exchanging US dollars for Cedis, the rate stood at GHS13.00, while those converting Cedis to dollars faced a rate of GHS13.65
