Here is the Cedi’s performance against major foreign currencies as at November 25

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The Cedi traded against the dollar at a mid-rate of 5.9117 The Cedi traded against the dollar at a mid-rate of 5.9117

The Cedi traded against the dollar at a mid-rate of 5.9117

Its trade value against the Pounds Sterling was at a mid-rate of 7.8865

The Euro’s mid-rate stands at 6.6248

Note that these rates will be different at a forex bureau near you.

On the Interbank forex rates from the Bank of Ghana today, November 25, 2021, the Ghana Cedi is trading against the dollar at a buying price of 5.9087 and a selling price of 5.9147. As compared to yesterday’s trading of a buying price of 5.9088 and a selling price of 5.9148. At a forex bureau in Accra, dollar is being bought at a rate of 6.32 and sold at a rate of 6.47.

Against the Pound Sterling, the Cedi is trading at a buying price of 7.8823 and a selling price of 7.8907 as compared to yesterday’s trading of a buying price of 7.8907 and a selling price of 7.8992. At a forex bureau in Accra, pound sterling is being bought at a rate of 8.37 and sold at a rate of 8.65.

The Euro is trading at a buying price of 6.6215 and a selling price of 6.6281 as compared to yesterday’s trading of a buying price of 6.6503 and a selling price of 6.6574. At a forex bureau in Accra, Euro is being bought at a rate of 7.05 and sold at a rate of 7.30.

The South African Rand is trading at a buying price of 0.3710 and a selling price of 0.3714 as compared to yesterday’s trading of a buying price of 0.3751 and a selling price of 0.3755. At a forex bureau in Accra, South African Rand is being bought at a rate of 0.36 and sold at a rate of 0.45.

The Nigerian Naira is trading at a buying price of 70.0814 and a selling price of 70.0983 as compared to yesterday’s trading of a buying price of 70.0776 and a selling price of 70.0946. At a forex bureau in Accra, Nigerian Naira is being bought at a rate of 98.03 Naira for every 1 cedi and sold at a rate of around 1 cedi to 80 Naira.

For the CFA, it is trading at a buying price of 98.9661 and a selling price of 99.0647 as compared to yesterday’s trading of a buying price of 98.5305 and a selling price of 98.6357. At a forex bureau in Accra, CFA is being bought at a rate of 96.15 CFA for every 1 cedi and sold at a rate of 90.09 CFA for every 1 cedi.

Our Forex Bureau Rates are provided by Afriswap Bureau De Change in Osu, Accra.

NOTES on NAIRA/CFA Calculation

NOTE on Nigerian Naira:

To calculate Naira buying rate,

(1/(buying rate on site/1000)). For example if rate quoted is 10.2 then effective rate is (1/(10.2/1000)) which Is 98.03.

To calculate Naira Selling rate,

(1/(selling rate on site/1000)). For example, if rate quoted is 10.2 then effective rate is (1/(12.5/1000)) which Is 80.

NOTE on CFA

To calculate CFA buying rate,

(1/(buying rate on site/1000)). For example, if rate quoted is 10.4 then effective rate is (1/(10.4/1000)) which Is 96.15

To calculate CFA Selling rate,

(1/(selling rate on site/1000)). For example, if rate quoted is 11.10 then effective rate is (1/(11.10 /1000)) which Is 90.09.

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