Cedi at GH¢12.55 on Interbank Market
Ghanaian Cedi is trading at an average rate of GH¢12.55 against the US Dollar on the interbank foreign exchange market, according to the latest data from the Bank of Ghana. This reflects a mid-rate between the buying price of GH¢12.5437 and the selling price of GH¢12.5563. On the retail forex market, however, the Cedi is selling at a higher rate of around GH¢13.45 per Dollar, highlighting the typical premium in consumer transactions. Recent Trends in the Cedi's Performance The current interbank rate marks a slight depreciation from earlier in the month, when the Cedi was trading at GH¢12.42 on October 1. Over the past month, the Cedi has weakened by approximately 4.26%, with the USD/GHS rate rising to 12.5949 in the latest session. Despite this short-term dip, the Cedi has shown remarkable strength throughout 2025, appreciating by about 42-43% against the Dollar since the start of the year. This has positioned it as Africa's best-performing currency in 2025 and even the world…
