Travel Money

If you are lucky to be holidaying soon it might be a good idea to know how far your money will go. We'll be making regular posts with exchange rates and any other useful money news.


Current exchange rates in Accra, Ghana:


             BUYING                    SELLING

 USD     1.42                             1.465

 GBP     2.15                             2.25

 EUR     1.91                             1.97

 CAD     1.33                             1.4

 SF       1.3                               1.4

 CFA     2.9                               3.1


Ghana had a re-denomination of its currency, the Cedi, in July 2007 and as the new denomination, it is known as the Ghana Cedi (GH₵). GH₵1 is equivalent to 100 pesewas. The redenomination saw 1000 old pesewas become the new GH₵1, 10 000 old cedis become GH₵10, 50 000 old cedis became GH₵50 and 1 000 000 old cedis, GH₵100. The Ghana cedi comes in notes of 1, 5, 10, 20 and 50 and in 2010 a GH₵2 note is to be introduced.


The word "cedi" is derived from the Akan word for a cowry shell, which were once used in Ghana as a form of currency as well as in several other parts of West Africa.