Currency.Wiki

1 Ghanaian Cedi to US Dollar

Updated 34 minutes ago
Convert 1 GHS:USD
 GHS =
    USD
 Ghanaian Cedi =  US Dollars
Trending: GH₵ exchange rates for the last 24 hours
  • GHS/USD 0.073090 -0.00762771
  • GHS/EUR 0.067847 -0.00730097
  • GHS/JPY 11.186825 -0.81326387
  • GHS/GBP 0.058249 -0.00615228
  • GHS/CHF 0.066147 -0.00413990
  • GHS/MXN 1.240517 -0.14170540
  • GHS/INR 6.094278 -0.60897906
  • GHS/BRL 0.372510 -0.02990899
  • GHS/CNY 0.528969 -0.04563332

GHS/USD exchange rate analysis over the past 90 days

Ghanaian Cedi to US Dollar exchange rate: Over the last 90 days, the Ghanaian Cedi weakened by -10.44% against the US Dollar, declining from $0.0807 to $0.0731 per Ghanaian Cedi. This trend reflects the evolving economic dynamics between the Ghana and the United States. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Ghana and United States.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Ghana and United States.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Ghana or United States.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Ghana relative to the United States.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

ghs/usd Historical Chart

GH₵
Ghanaian Cedi Currency

Country: Ghana

Symbol: GH₵

ISO Code: GHS

Bank: Bank of Ghana

Interesting fact about Ghanaian Cedi

The Ghanaian Cedi (GHS) is the official currency of Ghana. It was introduced in 1965 to replace the Ghanaian pound. The currency has undergone changes over the years, including the removal of four zeros in 2007. The Cedi plays a vital role in Ghana's economy as it facilitates trade and acts as a measure of value for goods and services. It reflects the country's economic stability and growth.

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

Quick Conversion Guide

Frequently Asked Questions

+
The Ghanaian Cedi to US Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 GHS to USD is $0.07.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Ghanaian Cedi to US Dollar exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.