Converting USD to GHS is a common need for individuals and businesses alike. This article delves into the current exchange rate between the US Dollar (USD) and the Ghanaian Cedi (GHS), factors influencing this rate, and options for sending money to Ghana.
Current Exchange Rate
As of 16:00PM UTC today, three thousand US Dollars equals ₵32,778.96 (thirty-two thousand seven hundred seventy-eight Ghanaian Cedis 96 pesewas). The current exchange rate is 10.9263, based on the mid-market rate for USD to GHS conversion.
Historical Data and Trends
Analyzing historical data provides valuable insights into the volatility and trends of the USD to GHS exchange rate. The USD/GHS rate is down -33.33%. In the past 30 days, the USD to GHS exchange rate reached a high of 12.5970 and a low of 10.7069, with an average rate of 11.3418. Over the last 90 days, the USD to GHS exchange rate peaked at 12.5970 and dipped to a low of 10.5000, averaging 11.4160.
A year ago, $3,000.00 would have been exchanged for ₵49,085.90, which is ₵16,306.94 higher than today’s rate. Over the past seven days, the most favorable exchange rate was ₵32,778.96.
USD to GHS exchange-rate stats: high, low, average, and volatility over the last 7, 30, and 90 days.
Read also: GHS to USD Exchange Rate
| Statistic | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 10.915 | 12.585 | 12.585 |
| Low | 10.851 | 10.566 | 10.529 |
| Average | 10.883 | 11.266 | 11.523 |
| Volatility | 0.25% | 1.37% | 1.03% |
Ghanaian Cedi 🚀 risen by 0.17% (+54.98) against the US Dollar compared to the previous closing exchange rate.
Understanding the Currencies
The US Dollar is the official currency of the United States of America. The currency code for the US Dollar is USD and the currency symbol is $. 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.
The Ghanaian Cedi is the official currency of Ghana. The currency code for the Ghanaian Cedi is GHS. The currency symbol is GH₵.
Sending Money to Ghana
You can send money to Ghana in a way that’s convenient for you: online, with an app, or in person at an agent location. Western Union moves money from the United States of America to over 200 countries and territories. Transfer USD to GHS online using your bank account, credit/debit card or cash in-store.
Our encryption and fraud prevention efforts help protect your Western Union® money transfers.
Read also: Current USD/NGN Value
Key considerations when sending money:
- Exchange Rates and Fees shown are estimates and vary by several factors, including payment and payout methods.
- These rates are subject to change.
- Fee reductions may apply to the Western Union® transfer fee for a single Western Union Money Transfer® or Quick Collect® transaction.
Tools for Currency Management
There are several tools available to help you manage your currencies effectively:
- Xe App: Manage your currencies on the go with the Xe app. It has everything you need for international money transfers - easy, secure, and low fees starting at $0.
- Rate Alerts: Set free rate alerts for any currency pair and receive notifications at your desired rate.
- Historical Currency Rates: Analyze rate trends for any currency over a few days, weeks, months, or years.
How Exchange Rates Are Determined
Read also: UGX to USD Exchange Rate
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