1. Guides
  2. Country Guides (A-Z)
  3. Ghana - Foreign Exchange & Currency Guide

Foreign Exchange Guide to Ghana

Latest market mid-rate: 1.0 =

Country Code:
GH
Domestic Currency:
Ghanaian cedi
Symbol - Code:
¢ GHS
Telephone Prefix:
+233

In this guide we review :

  1. Ghanaian cedi info - general info about the Ghanaian cedi
  2. Travelling in Ghana - currency & money saving tips
  3. Buying Ghanaian cedi cash online - travel money for Ghana
  4. Sending money to Ghana - save on Ghanaian cedi bank transfers to Ghana
  5. Ghanaian cedi exchange rates - latest info & charts.

Ghanaian cedi (GHS) general currency information

The three letter currency code for the Ghanaian cedi is GHS and the symbol is ¢. It is the domestic currency in Ghana.


Ghana currency and money saving tips

The currency is the Cedis. ATMs are virtually everywhere, with almost all accepting Visa. Exchange bureaus are found in most major towns. Other than that bring only cash or traveler’s checks to exchange into cedis. There are forex bureaus everywhere in Accra, and many of the bigger hotels. It is difficult to find banks and/or businesses in Ghana which accept credit cards other than Visa. Credit card fraud is common. Try to keep your card in sight when making purchases.

If you are planning to drive in Ghana, an international driving licence or international driving permit is accepted for periods up to 12 months. Beyond 12 months, you will need to get a Ghanaian driver's licence. Poorly maintained roads and vehicles, aggressive driving practices, poor street lighting, roaming livestock, pedestrians and cyclists pose safety risks, especially when driving at night and outside urban areas.

Ghana has some pretty restrictive laws to keep in mind. Such as: Taking photographs of or near government buildings or other infrastructure, including oilfields, can lead to detention. Homosexuality is illegal and criminalised as a misdemeanour in Ghana, punishable by imprisonment of up to three years. Same-sex marriages are not recognised by law. There are conservative standards of dress and behaviour in Ghana. Take care not to offend. If in doubt seek local advice.



Ghana Trip Checklist   

  1. Compare GHS travel cash rates - probably why you are here!
  2. Hotel deals - Save on your accomodation in Ghana
  3. Travel insurance - for those unexpected travel adventures...
  4. Lonely Planet - world's best travel guide (coupon and deals)

Travel money for Ghana

Save money and time by Ordering your Ghanaian cedi online from Travelex, you get better rates and can pick up the GHS cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Ghanaian cedi otherwise you may get much worst exchange rates.



Sending money to Ghana

When sending money to Ghana it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 3 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Ghanaian cedi amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted GHS amount will be transfered to the recipient account you specify in Ghana.

By comparing the rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Ghanaian cedi deposited into the recipient bank account in Ghana and less margins and fees kept by the banks!


Ghanaian cedi - exchange rates

Loading GHS/USD Chart
GHS calculator

Major GHS cross rates
View Full List (A-Z)
1GHS=

Best Exchange Rates - We make it Easy to Compare Exchange Rates & Fees of Banks and Currency Exchange & Payment Providers


Level 2, AMP Tower, 50 Bridge Street, Sydney, NSW 2000, Australia

Disclaimer | Copyright | Privacy Statement


DISCLAIMER

Best Exchange Rates is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking Best Exchange Rates to provide you with information about currency exchange products & services from multiple financial institutions.

We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product.

If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with Best Exchange Rates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details.

Best Exchange Rates may receive fees or other benefits in relation to activity on the Best Exchange Rates website. Best Exchange Rates may receive remuneration for vendor referral links. Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.

Read our Full Terms of Service



COPYRIGHT

This website and its contents are the copyright of BEST EXCHANGE RATES PTY LTD © 2009-17. All rights reserved.

Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following. You may print or download contents to a local hard disk for your personal and non-commercial use only. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material.

You may not, except with our express written permission, distribute or commercially exploit the content. You may not transmit it or store it on any other website or other form of electronic retrieval system.

For more details or request distribution right please contacxt us here.