The Ghanaian cedi has depreciated against the US dollar on the selling rates, declining by 6 pesewas but appreciating by 3 pesewas on the buying rates.
The buying rate is now GHS13.15, while the selling rate is also being offered at GHS13.74 on Thursday, April 25, 2024.
This is based on data provided by Cedirates.com, a well-known Ghanaian website for currency and fuel updates.
The Cedi is trading at GHS13.13 purchasing and GHS13.14 selling prices at interbank rates.
Some prominent currency bureaus, namely AfriSwap and Albrim, are currently purchasing for GHS13.70 and GHS13.50, respectively, and selling at GHS14.05 and GHS14.
In comparison to our last post on Wednesday, the Cedi maintained value on both selling and buying prices at Albrim but increased by 10 pesewas in buying rates and selling rates at AfriSwap against the US dollar.
In comparison to the rates on Wednesday, the British Pound Sterling has declined in value on the buying rates by 1 pesewa but increased by 9 pesewas on the selling rates against the Cedi.
The buying rate and selling rate of the British Pound Sterling are, on average, GHS16.33 and GHS17.15, respectively.
The Euro has also declined by 2 pesewas in buying value but increased by 7 pesewas in selling value against the cedi.
The purchasing and selling rates for the euro are GHS13.99 and GHS14.73, respectively.
The selling price of the pound sterling on the Bank of Ghana interbank market is GHS16.34, 7 pesewas increment from the rates on Wednesday.
The euro is currently selling at GHS14.04 on the interbank market, 5 pesewas increment from the rates on Wednesday.
Through LemFi and Afriex, people can send money to Ghana from the US or the UK at GHS13.05 and GHS10.96, respectively, for each dollar.
The two sites are offering buying rates of GHS16.60 and GHS13.80 for the British Pound, respectively.
The only one of the two that updated euro rates on Thursday, Afriex, is selling GHS11.80 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 GHS14.48 and GHS14.48, respectively.
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