Per the rate from the Bank of Ghana (BoG), the Cedi was buying at 11.3343 to a dollar on Thursday, May 14.
It was selling at 11.3457 to a dollar.
The Pound was buying at 15.3240 and selling at 15.3405. For the Euros, it was buying at 13.2744 and selling at 13.2876.
The Cedi’s performance against the major trading currencies has gained Ghana recognition as the gateway to Africa regarding financial stability, safety and economic growth
This is according to the Governor of the Bank of Ghana, Dr Johnson Asiama.
He says the growth is driven by timely interventions and appropriate regulatory policies in the past year.
In his concluding remarks during the 3i Africa Summit in Accra on Friday, May 8, he highlighted that the Ghana Cedi has been stable over the past year, appreciating against major currencies.
” Inflation is at 3.4 percent in April, 2026, one of the lowest since the inception of inflation targeting; • Annual GDP was 6.0 per cent in 2025;
“The Bank of Ghana Amended its Act to promote independence and accountability;
“The Virtual Asset Service Providers Act, 2025 (Act 1154) was recently passed, giving us a clear, enabling, and protective framework for the next generation of digital finance; • The Directive for Digital Credit Service Providers has been issued to regulate digital credit providers; and • The Cyber and Information Security Directive was amended to strengthen the ecosystem. regulatory and industry standards across the financial ecosystem. resilience against evolving cyber threats, and ensure compliance with applicable.”
