The Cedi exchange rate vis-a-vis the U.S. dollar continues to depreciate on the foreign exchange market as market rates continue to rise. At the close of business on March 4, 2025, the average rate for $1 stood at ₵15.81, compared to ₵15.55 three months ago.
The Cedi has wavered since the beginning of the year at 14.4 Cedis to a dollar.
This marks a depreciation rate of nearly 7.9% of the present average exchange rate since the beginning of the year.
The following are market rates for the cedi quoted by different market operators:
Cal Bank – 15.67
Stanbic Bank 15.66
Zenith Bank – 15.66
NIB – 15.66
Omnibisic – 15.66
Absa. – 15.65
Fidelity. -15.65
Mastercard – 16.64
Visa. – 16.64
Eversend. – 16.39
Wewire. -16.08
CBG. – 15.64
GCB. – 15.60
Standard Chartered – 15.60
GT Bank – 15.60
Ecobank – 15.60
Access – 15.59
Bank of Ghana – 15.53
Source: myjoyonline.com