The Ghana cedi appreciated by 40.7% against the US dollar in the first seven months of 2025.
According to the Bank of Ghana’s July 2025 Summary of Economic and Financial Data, the cedi trade at GH¢10.45 to one US dollar on the interbank market.
In May 2025, the local currency gained 43% in value to the American greenback.
Similarly, the cedi appreciated by 42.6% against dollar in June 2025.
It also appreciated by 24.2% to the euro on the interbank market in June 2025, going for GH¢12.25.
For the pound, the cedi also gained 31.2% in value. It consequently sold at GH¢14.02 the interbank market.
The Ghana cedi held firm to the US dollar and other major foreign currencies in the last two weeks.
The local currency closed at a midrate of GH¢10.48 per US dollar on the interbank market, marking a 0.47% depreciation.
In the retail market, it is going for a mid-rate at GH¢12.00. Its year-to-date appreciation stands at 29.38%.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
