Below, you'll find Ghanaian Cedi rates and a currency converter. Converter X provides up-to-date exchange rates on global currencies based on Open Exchange Rates. Check send rates Ghanaian Cedi to US Dollar conversion Last updated Apr 30, 2023, 10:48 UTC Convert Ghanaian Cedi to US Dollar USD The amount is in words: One Million (GHS), One Million Ghanaian cedis 00 pesewas. The Ghanaian New Cedi was introduced on July 3, 2007 and is equal to 10,000 old (Second) Cedis. [10] As of September2022[update], the annual inflation rate of 37.2% as reported by the Ghana Statistical Service was the highest since 2001. 16.59 USD. The cost of 300,000 United States Dollars in Ghana Cedis today is 3,247,283.40 according to the "Open Exchange Rates", compared to yesterday, the exchange rate increased by 0.46% (by +0.05). Ghanaian Cedi. The third Cedi has been losing value continuously since it was introduced. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and 1 Input your amount. This chart will allow users to see the GHS/USD oscillation, and look at last year's data. it into the desired position in your websites HTML source code. The currency converter shows the conversion of 1 US Dollars to Cedis as of today price. 3 That's it. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. Due to periods of "sustained high inflation" and "perennial depreciation of the currency", the Bank of Ghana on 29 November 2019, announced the issuance of a new 2-cedi coin and as well as new 100 and 200-cedi banknotes. Reverse : 14000000 GHS to USD, This website uses cookies to ensure you get the best experience on our website. Only coins that have been or are in general circulation are included in this list. in Ghana Cedi is 11,750,390 (GHS). 2000 Euros to US Dollars. The USD and GHS can be traded 24x5 starting from the time markets open on Monday mornings in Sydney all the way to the time markets close on Fridays at 5 pm in New York. provides the information in its best way. Here's what the experts have to say, Bitcoin pulls back to start May as First Republic Bank saga comes to an end, Mastering this skill is the hardest part of personal finance, advisors say, Stocks making the biggest moves midday: JPMorgan Chase, General Motors, Exxon Mobil & more, Jamie Dimon says 'this part of the crisis is over' after JPMorgan Chase buys First Republic, Stocks making the biggest moves premarket: First Republic, JPMorgan Chase, SoFi Technologies & more, JPMorgan Chase takes over First Republic after biggest U.S. bank failure since 2008, Charlie Munger says the U.S. commercial property market is in trouble: FT report, Big banks including JPMorgan Chase, Bank of America asked for final bids on First Republic. in Ghana Cedi is 164,505,460 (GHS). British pounds sterling to Ghanaian cedis Convert GBP to GHS at the real exchange rate Amount GBP Converted to GHS 1.00000 GBP = 14.65310 GHS Mid-market exchange rate at 08:11 UTC Track the exchange rate Send money The safe and easy way to exchange your money This chart will allow users to see the USD/GHS oscillation, and look at last year's data. Wise US Inc is authorized to operate in most states. After the February 1966 military coup, the new leaders wanted to remove the face of Nkrumah from the banknotes. In the last 10 years, the highest rate from US Dollars to Ghanaian Cedis was on November 28, 2022 when each US Dollar was worth GH14.627. 3 That's it. The cedi bore the portrait of the President and was equivalent to eight shillings and four pence (8s 4d), i.e. Over 70 million downloads worldwide. [6] The devaluation was temporarily halted in the last quarter of 2014 as the currency stabilized due to a pending IMF bailout of Ghana. As a result, the US Dollar has The cedi's value continued to be eaten away on the black market. Ghana's first President Dr. Kwame Nkrumah introduced Cedi notes and Pesewa coins in July 1965 to replace the Ghanaian pounds, shillings and pence. 1.00 US Dollar = 11.78 2487 Ghanaian Cedis 1 GHS = 0.0848717 USD We use the mid-market rate for our Converter. One Ghana cedi is divided into one hundred pesewas (Gp). As of today at 05:00AM UTC one million us dollars is equal to 10,888,605.00 (GHS) or ten million eight hundred eighty-eight thousand six hundred five ghanaian cedis. Sending 2000.00 USD with. Our currency converter will show you the current rate and how it's changed over the past day, week or month. The high point for the USD/GHS rate The years of issue does not indicated that the series have been coined every year in the period but that the coin has been issued more than once in the stated period. Also, its best to convert US Dollars to Ghanaian Cedis early in the week if you need Ghanaian Cedis urgently. Ghanaians, in theory, could exchange any number of 50 notes for coins or other banknotes without loss, but foreigners could not make any exchange. New banknotes were issued which were exchanged for old ones at a rate of 10 old notes for 7 new ones. Today's Value of 1,000,000 Nigerian Naira in Ghana Cedi is 25,514.91 (GHS). These six denominations were still in circulation until 2007. The exchange rate used for the NGN/GHS currency pair was : .026. Set an alert now, and well tell you when it gets better. . The list is sorted at the top, from left to right, in descending order. The low point was 7.4527 Ghanaian Cedis per US Dollar on May 3, 2022. The word "cedi" derives from the African word for . 1 US Dollar = 11.776 Ghanaian Cedis as of May 1, 2023 5:10:00 AM UTC. Exchange rates can fluctuate by the minute while markets are open. However, many Ghanaians who were hoarding large amounts of cedis feared reprisal if they tried to convert all of it, and so simply burned a lot of their money. 1.00 Ghanaian Cedi = 0.08 6180237 US Dollars 1 USD = 11.6036 GHS We use the mid-market rate for our Converter. 10 Million USD to GHS - US Dollar to Ghana Cedi Currencies Trading Calendar Online Currency Converter Currency Converter X helps you convert 170+ world currencies and get the latest exchange rates. Federal Reserve Bank Historical Exchange Rates For Ghana Cedi to United States Dollar 120-day exchange rate history for GHS to USD Quick Conversions from Ghana Cedi to United States Dollar : 1 GHS = 0.0849132 USD Last Updated 4/30/2023 7:41:03 PM Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to "Open Exchange Rates" and provides the information in its best way. [13][14], The Bank of Ghana has been issuing all Ghanaian coins since 1958. In the majority of cases, this data is sufficient to predict future changes. A number of Ghanaian coins have also been issued in Sika denomination, and may have no legal tender status. 100 US Dollars = 1,178.97 Ghanaian Cedis as of May 2, 2023 1:15:00 AM UTC. Popular US Dollar (USD) Pairings. 14 Million USD to GHS. $1 = 10.82 +0.05 (+0.46%) at the rate on 2023-04-08. one hundred old pence, so that 1 pesewa was equal to one penny. For one million cedis (GHS) you get today 84,819 dollars 90 cents (USD) at an exchange rate of 0.08482 as of 01:00 AM UTC. How to convert US dollars to Ghanaian cedis. The exchange rate of the United . Current tool convert USD in GHS using live average market currency rates. up +401.16% Be on the lookout for any changes, ready up-to-date. However, the time between 3-4 PM GMT is often a good time to convert US Dollars to Ghanaian Cedis because currency market liquidity and trading volume tend to be the highest during this time. Ghana's first President Dr. Kwame Nkrumah introduced Cedi notes and Pesewa coins in July 1965 to replace the Ghanaian pounds, shillings and pence. Every time. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. You should conduct your own research, review, You won't receive this rate when sending money. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends. [3] From January 2008 old banknotes could only be exchanged at banks and were no longer legal tender. The US Dollar is currently stronger than the Ghanaian Cedi given that 1 USD is equal to 11.790 GHS. = 164,505,460.00 -1.36%. Currency Information. The exchange rate used for the USD/GHS currency pair was : 11.75. The signature on the notes also changes when a new governor takes over the management of the Bank of Ghana. While the USDGHS spot exchange rate is quoted and exchanged in the same day, the USDGHS forward rate is quoted today but for delivery and payment on a specific . 1 USD To GHS Convert United States Dollar To Ghanaian Cedi 1 USD = 11.776143 GHS May 01, 2023 09:28 UTC Send Money Check the currency rates against all the world currencies here. [11], By October 2022, the cedi became the world's worst performing currency, having lost 60% of its value relative to the U.S. dollar since the end of 2021. [20][21] Most of the Ghanaian banknotes have been changed slightly from one year's issue to the next year's issue in the ongoing technological fight against counterfeit money. -0.3982. US dollars to Ghanaian cedis Exchange Rate. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to "Open Exchange Rates" and provides the information in its best way. The exchange rate used for the USD/GHS currency pair was : 11.75. The average exchange rate over this period was 10.670 Ghanaian Cedis per US Dollar. Our smart tech means were more efficient which means you get a great rate. 1 USD in GHS: 10 days history. Exchange-rates.org is a currency and cryptocurrency converter tool and data provider used by millions of people across the globe every month. Alternatively, you may try converting Ghanaian Cedis to US Dollars. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. This website uses cookies to ensure you get the best experience on our website, "https://www.currencyconverterx.com/pic-USD-GHS". DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. However, from a monetary perspective, currency confiscations have the effect of reducing the available cash in the economy, and thereby slowing the rate of inflation. Today's Value of 1,000,000 Dollars Note: Rates obtained from these websites may contradict with, Last edited on 31 December 2022, at 11:32, The shield from the Coat of arms of Ghana, "Metal cedis and pesewas modern coins of Ghana", "Don't Give Out Change In Old notes, Coins", "Ghana Cedi at risk of sliding to 4 per Dollar, HFC says", "Bank of Ghana to phase out GH1 and GH2 notes soon", "GH1 and GH2 coins won't suffer fate of 1 pesewa coin Financial Expert assures", "We're already 'Breaking the 10'; the dollar is over-speeding Dr. Otchere-Ankrah 'shades' NPP", "CORRECTED-Ghana consumer inflation rises to 37.2% in September, statistics service says", "Emerging-Market Debt Is Sliding Into Distress. In 2021, the oil and gas sector was projected to add 10.59 billion Ghanaian cedis (GHS), around 1.83 billion U.S. dollars, to the Gross Domestic Product . Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 2 Choose your currencies. Convert 1 US Dollar to Ghana Cedi using latest Foreign Currency Exchange Rates. How to convert Ghanaian cedis to US dollars. Sponsored For the basic conversion, we use the midpoint between the buy and sell rates of GHS to USD at currency exchanges across the globe. The currency code for Ghanaian Cedis is GHS. The cost of 300000 United States Dollars in Ghana Cedis today is 3,536,905.80 according to the Open Exchange Rates, compared to yesterday, the exchange rate remained unchanged. The symbol for the currency is "GH", used as a prefix. The introduction of the new denomination coincided with the conclusion of the year-long centenary celebrations of the birth of Kwame Nkrumah, Ghana's first president, and has the commemorative text "Centenary of the Birth of Dr.Kwame Nkrumah".[5]. gained By 1983 the cedi was worth about 120 to one U.S. dollar on the black market, a pack of cigarettes cost about 150 (if they could be found), but the bank rate continued at 2.80 = $1.00. You can convert US Dollars to Ghanaian Cedis by using the exchange-rates.org currency converter in just one easy step. Be on the lookout for any changes, ready up-to-date. -41.27%. for even more real-time currency quotes or try to apply technical analysis tools on interactive charts. The new coins are 1pesewa (100 old cedi), 5pesewas (500), 10 pesewas (1,000), 20 pesewas (2,000), 50 pesewas (5,000), 1cedi (10,000) and 2 cedis (20,000).[19]. As of today at 00:00AM UTC one billion five hundred million ghanaian cedis is equal to $132,754,864.34 (USD) or one hundred thirty-two million seven hundred fifty-four thousand eight hundred sixty-four us dollars 34 cents. Simply type in the box how much you want to convert. As of today at 01:00AM UTC one billion five hundred million ghanaian cedis is equal to $127,229,851.58 (USD) or one hundred twenty-seven million two hundred twenty-nine thousand eight hundred fifty-one us dollars 58 cents. A number of Ghanaian New Cedi coins have also been issued in Sika denominations. The cedi (/sidi/ SEE-dee) (currency sign: GH; currency code: GHS) is the unit of currency of Ghana. Inflation continued (see the exchange rate chart) until by July 2007, one US dollar was worth about 9500, and a transition to the third cedi was initiated. Exchange-Rates.org 2023 MBH Media, Inc. After the 50 note confiscation, the 20 note was the highest cedi denomination, but had a street value of only about $0.35 (U.S.). year to date against the Ghanaian Cedi. History. Type the amount, select the original currency and the currency to which you want the amount to be converted. The GHC was introduced on July 3, 2007. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to Open Exchange Rates and And if they have a fee, they charge you twice. Also, you can make a reverse calculation and find out the current value of 300000 Cedis in United States Dollars.
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