Understanding the historical exchange rates between the Ghanaian Cedi (GHS) and the Nigerian Naira (NGN) is crucial for businesses, travelers, and individuals involved in international transactions. This article provides a detailed overview of the GHS to NGN exchange rate history, offering insights into past trends and factors influencing currency values.
As of 17:00PM UTC today, one hundred Ghanaian Cedis equals ₦13,162.80 (thirteen thousand one hundred sixty-two Naira 80 Kobos). We use the mid-market rate for GHS to NGN conversion. The current exchange rate is 131.6280. Nigerian Naira 🔻fell by -0.46% (-61.08) against the Ghanaian Cedi compared to the previous closing exchange rate. Alternatively, you may try converting Naira to Ghanaian Cedis.
For your convenience, an online Ghanaian Cedi to Nigerian Naira (GHS vs NGN) history chart and a table of popular currency pairs with their latest exchange rates are available. Our money converter uses the average data from International Currency Rates. You can choose the period from 7 days up to 1 year.
A year ago today, ₵100.00 would have been exchanged for ₦10,258.85, which is ₦2,903.96 lower than today’s rate. Over the past seven days, the most favorable exchange rate was ₦13,337.88.
GHS to NGN Exchange-Rate Statistics
Read also: Current USD/NGN Value
Here's a look at the high, low, average, and volatility of the GHS to NGN exchange rate over the last 7, 30, and 90 days:
Ghana Cedi Gains Strength Against the Dollar — But Not Everyone Is Happy | USD to GHS Explained
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 134.23 | 139.22 | 145.63 |
| Low | 130.71 | 116.48 | 116.44 |
| Average | 132.64 | 130.06 | 130.38 |
| Volatility | 1.00% | 1.48% | 1.12% |
Currency Information
To better understand the exchange rate dynamics, let's delve into the specifics of each currency.
Ghanaian Cedi (GHS)
The Ghanaian Cedi replaced the old Cedi in 2007, marking a process of currency modernization. The stability of the Cedi has supported Ghana's economic growth, especially in the agricultural and mining sectors, and the Cedi plays a key role in the domestic economy.
- Supporting unit: 1 Sedi = 100 Pesewa
- Denomination of banknotes: ₵1, ₵2, ₵5, ₵10, ₵20, ₵50, ₵100, ₵200
- Currency symbol: ₵
- ISO code: GHS
- Central Bank: Bank of Ghana
- Countries of Use: Ghana is the only country that uses it as a legal tender currency.
Read also: Exchange Rate Analysis
Nigerian Naira (NGN)
The Naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.
- Supporting unit: 1 Naira = 100 Kobo
- Denomination of banknotes: ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000
- Currency symbol: ₦
- ISO code: NGNC
- entral Bank: Central Bank of Nigeria
- Countries of Use: Nigeria is the only country where it is used officially.
Historical Exchange Rates
This page contains detailed daily historical exchange rates between GHS and NGN from 2025-3-8 to 2025-11-05, making it easy to look up and reference.
Data Statistics (1 GHS to NGN)
This section organizes the historical exchange rate data of 1 GHS to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
Read also: Exchange Rate: 300 USD to NGN
- Past 1 day: 134.09
- Past 15 days:
- High: 138.798
- Low: 132.173
- Average: 135.745
- Past 30 days:
- High: 139.128
- Low: 118.071
- Average: 132.335
- Past 90 days:
- High: 145.949
- Low: 115.763
- Average: 130.679
Below are the daily average exchange rates of GHS to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to GHS, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
Factors to Consider During Remittance
The actual amount received during remittance is directly affected by the GHS to NGN exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.
When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the GHS to NGN exchange rate can result in substantial changes in actual amounts.
Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.
By examining the recent fluctuations in the exchange rate between GHS and NGN, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.
Look at the charts of GHS to NGN over the past few months. If the trend is upward, it means GHS is appreciating and exchanging to NGN is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
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