Understanding the exchange rate between the Ghanaian Cedi (GHS) and the US Dollar (USD) is essential for businesses, travelers, and individuals involved in international transactions. This article provides an overview of the current exchange rate, historical trends, and tools for converting GHS to USD.
As of November 9, 17:20 UTC, 1 Ghanaian Cedi converts to approximately $0.0915 USD. This conversion is based on the mid-market rate, which is used for informational purposes. Keep in mind that the actual rate you receive when sending money may vary. At this rate, one million Ghanaian Cedis is equivalent to $91,510.
The currency code for the Ghanaian Cedi is GHS, and its symbol is GH₵. The currency code for the US Dollar is USD, and its symbol is $.
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The US Dollar is the official currency of the United States of America.
Read also: What to Buy with 40 Million Naira
The Ghanaian Cedi is the official currency of Ghana.
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Current Exchange Rate
The current exchange rate plays a crucial role in financial decisions. Staying updated on the latest rates ensures you get the most accurate conversion when exchanging currency.
As of 17:00 PM UTC today, one million Ghanaian Cedis equals $91,485.09 (ninety-one thousand four hundred eighty-five US dollars 9 cents). The current exchange rate is approximately 0.091.
You can use a GHS to USD calculator to convert any amount of GHS to USD. For example, 5 GHS will cost about $0.46.
Read also: ₦500,000,000 to USD Conversion
Here's a quick reference table for common conversions:
| GHS | USD (Approximate) |
|---|---|
| 0.5 GHS | $0.0458 |
| 1 GHS | $0.0915 |
| 5 GHS | $0.46 |
| 10 GHS | $0.92 |
| 50 GHS | $4.58 |
| 100 GHS | $9.15 |
| 500 GHS | $45.75 |
| 1,000 GHS | $91.51 |
Historical Exchange Rate Trends
Analyzing historical exchange rates can provide insights into the volatility and potential future movements of the GHS to USD rate. Here’s a look at recent trends:
- Over the past seven days, the most favorable exchange rate was $91,675.89 per 1,000,000 GHS.
- A year ago, ₵1,000,000.00 would have been exchanged for $60,919.89, which is $30,565.20 lower than today’s rate.
GHS to USD Exchange-Rate Statistics:
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 0.092062 | 0.094640 | 0.094974 |
| Low | 0.091450 | 0.081232 | 0.079458 |
| Average | 0.091651 | 0.090587 | 0.086986 |
| Volatility | 0.13% | 1.37% | 1.03% |
In the past 30 days, the GHS to USD exchange rate reached a high of 0.09340 and a low of 0.08026, with an average rate of 0.08949. Over the last 90 days, the GHS to USD exchange rate peaked at 0.09524 and dipped to a low of 0.07938, averaging 0.08788.
This chart shows data from 2024-11-8 to 2025-11-7. The GHS/USD rate is up +50.17%.
Read also: 2 Million Naira in USD
International Money Transfers
Several options are available for sending money from the United States to Ghana, including online platforms and in-person services.
You can send money to Ghana the way that’s convenient for you: online, with our app, or in person at an agent location. Our encryption and fraud prevention efforts help protect your Western Union® money transfers. We move money from the United States of America to over 200 countries and territories.
- Western Union: Send money to 200+ countries or territories online or in-store. Transfer USD to GHS online using your bank account, credit/debit card or cash in-store.
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The Role of the US Dollar
The United States dollar, symbolized by $, is the official currency of the United States and the world’s primary reserve currency. As the most traded currency globally, it plays a central role in international trade and finance, serving as a preferred medium for global reserves held by governments and institutions. This status as a reserve currency means that many countries hold USD as part of their foreign exchange reserves, which enhances its stability and liquidity.
The USD is known for its stability, liquidity, and widespread use in global transactions.
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