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Ghanaian Cedis Is No Longer 5.9822 Per Dollar, Here Is The New Value.



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Ghanaian Cedis Is No Longer 5.9822 Per Dollar, Here Is The New Value.

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When will cedis be equal to cedis? This has been the question of many Ghanaians.

It was looking like it was going to happen back in the days but now, it looks like we are no where near equaling dollar. Before I start, here is a short story on how the dollar rose.

At the advent of democratic rule (Civilian rule) in 2003 September under the New Patriotic Party (NPP), the US dollar was sold for Gh¢ 0.8550; Under the administration of former President of John Atta Mills, Cedis was sold at 1.4463 per Dollar, while he met it at 1.1595 per United states one(1) dollar.

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On July 24, 2012, John Atta Mills died and Ex- President John Dramani Mahama took over and under the National Democratic Congress (NDC) administration it was GH¢1.8969.

Since then, cedis value keeps on demoting, as of today 21st December 2021 Cedis is rated 6.14592.

In November 2014, 1 USD = GH¢3.2, and from 2016 till date, the rate has been demoting and The New Patriotic Party is suffering for it

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100 dollars to Ghanaian cedis according to the foreign exchange rate for today. You have just converted one hundred dollars to Cedis according to the recent foreign exchange rate 6.15 if approximated.

That means, for a hundred dollars you get today GH¢615.629.

The US Dollar rate is 6.15 against the Cedis today which is December 21st. At the beginning of the week, the rate was at 6.056. on the 19th of December 2021. The increase is already clear in just two days.

When you review it monthly, you will find out that Dollar to Cedis exchange rate was 6.02221 in early November 2021 and with the Dollar being traded at 6.14592 now, we see a 0.12371 decrease for USD to Cedis exchange rates since the beginning of last November

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Conversion rates US Dollar / Ghanaian Cedis

1 USD 6.16447 GHS

5 USD 30.8224 GHS

10 USD 61.6447 GHS

25 USD 154.112 GHS

50 USD 308.224 GHS

100 USD 616.447 GHS

500 USD 3,082.24 GHS

1,000 USD 6,164.47 GHS

5,000 USD 30,822.4 GHS

10,000 USD 61,644.7 GHS

50,000 USD 308,224 GHS

2020 High/Low

Highest

Last 30 days = 6.1800, 90 days = 6.1800

Lowest

Last 30 days = 6.0023, 90 days = 5.9822

SOURCE: Xe Currency Converter



Suliaman

Suliaman Alhassan Cobbiah is a Ghanaian Broadcast Journalist/Writer who has an interest in General News, Sports, Entertainment, Health, Lifestyle, Sulaiman is a fun loving person, loves to research, educate and many more.

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