The Bank of Ghana has published the official exchange rates for major foreign currencies on Tuesday, June 3, 2025. These rates help guide banks and businesses when exchanging money between the Ghanaian cedi and foreign currencies like the US dollar, the British pound, and the euro.
According to the Bank of Ghana, the buying rate for the US dollar is GH₵10.2449, while the selling rate is GH₵10.2551. This means that if someone wants to buy US dollars from the bank, they will pay GH₵10.2551 for every dollar. On the other hand, if someone wants to sell US dollars to the bank, they will receive GH₵10.2449 per dollar.
For the British pound sterling, the buying rate is GH₵13.8849 and the selling rate is GH₵13.8998. This means that banks will buy pounds at GH₵13.8849 and sell them at GH₵13.8998.
The euro is being bought at GH₵11.7182 and sold at GH₵11.7288. These figures show how the euro is performing against the Ghanaian cedi on the financial market.
These rates were based on the average interbank exchange rates used by commercial banks during transactions at the end of business on Monday, June 2, 2025.
It is important to note that exchange rates can change daily based on economic activities and the demand for foreign currencies. The rates set by the Bank of Ghana help to keep the foreign exchange market stable and provide a standard for banks and other financial institutions to follow.
People who deal in foreign currencies, such as importers, exporters, travelers, and forex bureaus, rely on these rates to make informed financial decisions.
