The Ghanaian cedi is showing signs of sustained strength against major international currencies, according to the latest interbank exchange rates released by the Bank of Ghana.
As of the close of business on Thursday, May 22, 2025, the cedi traded at:
- GHS11.6242 (buying) and GHS11.6358 (selling) against the US dollar
- GHS15.6090 (buying) and GHS15.6257 (selling) against the British pound
- GHS13.1157 (buying) and GHS13.1287 (selling) against the euro
These figures reflect a relatively stable performance by the local currency amid ongoing economic adjustments and efforts by the central bank to maintain monetary stability.
Market analysts suggest that the cedi’s firm stance may be attributed to improved foreign currency inflows, a disciplined fiscal environment, and the Bank of Ghana’s strategic interventions in the forex market.
This performance also reflects a moderation in the pace of depreciation compared to the same period last year, when the cedi recorded sharper declines.
The Bank of Ghana continues to monitor market dynamics closely, providing reassurance to investors and traders that inflation control and currency stabilization remain top priorities.
The average interbank rates serve as a benchmark for commercial bank transactions and reflect the ongoing efforts to maintain confidence in the local currency.
