Type the amount, select the original currency and the currency to which you want the amount to be converted. analyse and verify our content before relying on them. Our currency converter is simple to use and also shows the latest currency rates. The exchange rate of the United . The second cedi was initially pegged to sterling at a rate of 2 = 1stg. Simply enter the amount of USD you want to convert to GHS in the box labeled "Amount", and youre done! DISCLAIMER: All content provided herein our website is for your general information only, procured from third party sources. 1 Million Won to USD. 14 Million USD to GHS. Further pegs were set of $0.55 in 1971, $0.78 in 1972, and $0.8696 in 1973 before the currency was floated in 1978. For the basic conversion, we use the midpoint between the buy and sell rates of USD to GHS at currency . This chart will allow users to see the GHS/USD oscillation, and look at last year's data. For the basic conversion, we use the midpoint between the buy and sell rates of GHS to USD at currency exchanges across the globe. Just Look at Ghana", "Ghana's cedi now the world's worst-performing currency as Kenya's shilling also struggles", "$1 now 15.20; rate of depreciation to pound, euro slow down MyJoyOnline.com", "Bank of Ghana A brief historical background", "United States dollar (USD) and Ghana cedi (GHS) Exchange Rate History", https://en.wikipedia.org/w/index.php?title=Ghanaian_cedi&oldid=1130677243, GH1, GH2, GH5, GH10, GH20, GH50, GH100, GH200, W. O. II Larbi, Fred Otoo, E. Kwasi Nukpor, Miner, army officer, student, demonstrators, Original source of the above pre-2007 Ghanaian banknotes: https://www.banknotes.com/gh.htm, This page was last edited on 31 December 2022, at 11:32. It is the fourth historical and only current legal tender in the Republic of Ghana. 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]. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Our currency converter will show you the current rate and how it's changed over the past day, week or month. 1 Input your amount. The average exchange rate over this period was 10.670 Ghanaian Cedis per US Dollar. 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. Many other Ghanaians received "promise payment notes" from the banks, but never received compensation. Click on the drop-downs to select the currencies you want to convert between. 11537.02 GHS Save up to 419.51 GHS. provides the information in its best way. Stocks making the biggest moves after hours: Arista Networks, Chegg, MGM Resorts, Stryker and more, JPMorgan shares pop after the bank takes over embattled First Republic. Current conversion is actual and use latest exchange rate of United States Dollar and Ghanaian Cedi currencies. You won't receive this rate when sending money. The Monetaria moneta or money cowry is not native to West African waters but is a common species in the Indian Ocean. = 11,750,390.00 which aggregates real-time forex data from the most authoritative sources. The. Recipient gets (Total after fees) Transfer fee. And if they have a fee, they charge you twice. provides the information in its best way. 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]. 28.7863. in Ghana Cedi is 164,505,460 (GHS). 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. 1.0000 USD = 11.790 GHS May 2, 2023 01:15 AM UTC. It has since lost over 90% of its value. 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. In the second half of 2007 both the second and third cedi were legal tender as the old currency was being gradually withdrawn. 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 first cedi was introduced in 1965, replacing the pound at a rate of 2.4cedi = 1pound, or 1pesewa = 1penny. The exchange rate used for the USD/GHS currency pair was : 11.75. 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. The word cedi is the Akan word for cowry shell. Check out the market overview The US Dollar is The African name Cedi (19651967) was introduced in place of the old British pound system. Any use of our content is solely at your own risk and discretion. In 1991, 10, 20, 50, and 100 cedi coins were introduced, followed by 200 and 500 cedis in 1996. 3 That's it. Currency Rate Change; EUR / USD: . The cedi's value continued to be eaten away on the black market. GHS The first modern coins exclusively used at the Gold Coast were produced in 1796 but cowries were used alongside coins and gold dust as currency until 1901.[1]. Using this website, you can find the current exchange rate for the Ghanaian cedi and a calculator to convert from Ghanaian cedis to Dollars. The Ghanaian New Cedi was introduced on July 3, 2007 and is equal to 10,000 old (Second) Cedis. Our currency converter will show you the current rate and how it's changed over the past day, week or month. As of today at 01:00AM UTC one million ghanaian cedis is equal to $84,819.90 (USD) or eighty-four thousand eight hundred nineteen us dollars 90 cents. 1 GH = 100 pesewa Symbol GH The cedi is the unit of currency of Ghana. The new currency was not introduced as the third cedi but is instead officially called the "Ghanaian cedi" (GH), in contrast to the second cedi that was officially known as the "new cedi". against the Ghanaian Cedi. Today's Value of 1,000,000 Dollars in Ghana Cedi is 10,750,057 (GHS). 1 US Dollar = 11.776 Ghanaian Cedis as of May 1, 2023 5:10:00 AM UTC. 13.93 USD. With the currency converter, you can convert 300,000 United States Dollars to Cedis and find out how much three hundred thousand dollars is currently worth in Cedis. The change also provided an opportunity to remove Kwame Nkrumah's image from coins and notes. Sending 2000.00 USD with. In the majority of cases, this data is sufficient to predict future changes. for even more real-time currency quotes or try to apply technical analysis tools on interactive charts. In September 2021, the Bank of Ghana began the process of withdrawing GH1 and GH2 notes from circulation to encourage the use of coins of their corresponding face values. This rate was equivalent to 1 = 0.98U.S. dollars and the rate to the dollar was maintained when sterling was devalued in November 1967. Convert USD/GHS - Wise 1 US dollar to Ghanaian cedis Convert USD to GHS at the real exchange rate USD Converted to GHS 1.00000 USD = 11.66000 GHS Mid-market exchange rate at 03:27 UTC Track the exchange rate Send money The safe and easy way to exchange your money 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. The GHC was introduced on July 3, 2007. 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. Check send rates Ghanaian Cedi to US Dollar conversion Last updated Apr 30, 2023, 10:48 UTC Convert Ghanaian Cedi to US Dollar The word "cedi" derives from the African word for . As a result, the US Dollar has Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. Currency Information. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. 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. By removing four digits, the Ghana cedi became the highest-denominated currency unit issued in Africa. Ghanaian Cedi. The currency code for Cedis is GHS, and the currency symbol is GH. 2 Choose your currencies. Finally, with foreign currency completely drying up for all import transactions, the government was forced to begin a process of gradual devaluation, and a liberalization of its strict price controls. Today's Value of 14,000,000 Dollars in Ghana Cedi is 164,505,460 (GHS). Exchange rates can fluctuate by the minute while markets are open. Today's Value of 1,000,000 Nigerian Naira in Ghana Cedi is 25,514.91 (GHS). The US Dollar is currently stronger than the Ghanaian Cedi given that 1 USD is equal to 11.790 GHS. 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). Over the last 7 days, the best beneficial exchange rate was 11,942,394.00. 100 Canadian to USD. For the basic conversion, we use the midpoint between the buy and sell rates of USD to GHS at currency exchanges across the globe. Convert USD/GHS - Wise US dollars to Ghanaian cedis Convert USD to GHS at the real exchange rate USD Converted to GHS 1.00000 USD = 11.66000 GHS Mid-market exchange rate at 11:47 UTC Track the exchange rate Send money The safe and easy way to exchange your money dollar. The low point was 7.4527 Ghanaian Cedis per US Dollar on May 3, 2022. Alternatively, you may try converting US Dollars to Ghanaian Cedis. 1 USD in GHS: 10 days history. [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. 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. 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. The word cedi is derived from the Akan word for cowry shell which were once used in Ghana as a form of currency. $1 = 10.82 +0.05 (+0.46%) at the rate on 2023-04-08. After the February 1966 military coup, the new leaders wanted to remove the face of Nkrumah from the banknotes. one hundred old pence, so that 1 pesewa was equal to one penny. The Ghanaian Cedi is the currency of Ghana. A year ago today, on this day, they provided the equivalent of $1,000,000.00 us dollars for 7,517,115.00 ghanaian cedis, which is 4,272,571.00 less than it is now. Stocks making the biggest moves after hours: Arista Networks, Chegg, MGM Resorts, Stryker and more, JPMorgan shares pop after the bank takes over embattled First Republic. The signature on the notes also changes when a new governor takes over the management of the Bank of Ghana. USD [8][9], In August 2022, accelerating inflation and continued economic mismanagement has caused the cedi's value to drop to 10 U.S. cents (GH10 = US$1). Today's Value of 1,000,000 Dollars The currency symbol is GH. [13][14], The Bank of Ghana has been issuing all Ghanaian coins since 1958. To view rates between the US Dollar and the Ghanaian Cedi for a particular year, click on one of the links below. 100 US Dollars = 1,178.97 Ghanaian Cedis as of May 2, 2023 1:15:00 AM UTC. Exchange-rates.org is a currency and cryptocurrency converter tool and data provider used by millions of people across the globe every month. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Also, its best to convert US Dollars to Ghanaian Cedis early in the week if you need Ghanaian Cedis urgently. However, within months, the second cedi was devalued to a rate of 2.45 = 1stg, less than the initial value of the first cedi. The porcelain-like shells came to West Africa, beginning in the 14th century, through trade with Arab merchants. 1.00 US Dollar = 11.78 2487 Ghanaian Cedis 1 GHS = 0.0848717 USD We use the mid-market rate for our Converter. Ghana's first President Dr. Kwame Nkrumah introduced Cedi notes and Pesewa coins in July 1965 to replace the Ghanaian pounds, shillings and pence. Simply type in the box how much you want to convert. It was the highest-valued currency unit issued by sovereign countries in Africa in 2007. US dollars to Ghanaian cedis Exchange Rate. Our currency converter will show you the current rate and how its changed over the past day, week or month. 300,000 USD = 3,247,283.40 GHS at the rate on 2023-04-08. Be on the lookout for any changes, ready up-to-date. Some transactions could only then be done in foreign currencies (although that was technically illegal), and other, more routine transactions began to revert to barter. The exchange rate of the United States Dollar in relation to the Ghana Cedi on the chart, the table of the dynamics of the cost as a percentage for the day, week, month and year. This chart will allow users to see the GHS/USD oscillation, and look at last year's data. [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.
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