The exchange rate between the Ghanaian Cedi (GHS) and the Nigerian Naira (NGN) is a crucial factor for businesses, travelers, and individuals involved in transactions between Ghana and Nigeria. This article provides a detailed look at the GHS to NGN exchange rate, including current rates, historical trends, and tools for monitoring and managing currency exchange.
Current Exchange Rate
As of November 6, one Ghanaian Cedi is equivalent to approximately 131.50 Nigerian Naira.
Here's a quick reference table for common conversions:
| GHS | NGN |
|---|---|
| 0.5 | 65.75 |
| 1 | 131.50 |
| 5 | 657.50 |
| 10 | 1,314.99 |
| 50 | 6,574.97 |
| 100 | 13,149.94 |
| 500 | 65,749.69 |
| 1,000 | 131,499.39 |
Conversely:
| NGN | GHS |
|---|---|
| 0.5 | 0.0038 |
| 1 | 0.0076 |
| 5 | 0.038 |
| 10 | 0.076 |
| 50 | 0.38 |
| 100 | 0.76 |
| 500 | 3.80 |
| 1,000 | 7.60 |
Historical Exchange Rates
Analyzing historical exchange rates can provide valuable insights into the volatility and trends of the GHS to NGN pair.
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Here's a summary of the exchange rate statistics over the last 7, 30, and 90 days:
| 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% |
These figures show the fluctuations in the exchange rate, which can be influenced by various economic factors in both Ghana and Nigeria.
Comparing the Nigerian Naira and the Ghanaian Cedis
Currency Information
Ghanaian Cedi (GHS)
The currency code for Ghanaian Cedis is GHS, and the currency symbol is GH₵. The most popular Ghanaian Cedi exchange rate is the GHS to USD rate.
Nigerian Naira (NGN)
The currency code for Nigerian Nairas is NGN, and the currency symbol is ₦. The most popular Nigerian Naira exchange rate is the NGN to USD rate.
Tools and Resources
- Xe Currency Converter: Use the GHS to NGN calculator to convert any amount.
- Xe Currency Charts: Create charts for the GHS/NGN pair to see their currency history. These charts use live mid-market rates and are easy to use.
- Xe Rate Alerts: Set up rate alerts to be notified when the GHS to NGN rate hits a specific level.
- Xe App: Check live rates, send money securely, set rate alerts, and receive notifications.
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