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Business News Mon, 16 May 2022

Here's the Cedi's performance against major foreign currencies as at May 16

The Cedi traded against the dollar at a mid-rate of 7.1163

Its trade value against the Pounds Sterling was at a mid-rate of 8.7022

The Euro's mid-rate stands at 7.4001


Note that these rates may be different at a forex bureau near you.

Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra.


On the Interbank forex rates from the Bank of Ghana today, May 16, 2022, the Ghana Cedi is trading against the dollar at a buying price of 7.1127 and a selling price of 7.1199.

As compared to Friday’s trading of a buying price of 7.1107 and a selling price of 7.1179. At a forex bureau in Accra, the dollar is being bought at a rate of 7.68 and sold at a rate of 7.85.

Against the Pound Sterling, the Cedi is trading at a buying price of 8.6975 and a selling price of 8.7069 as compared to Friday's trading of a buying price of 8.7454 and a selling price of 8.7548.

At a forex bureau in Accra, the pound sterling is being bought at a rate of 9.30 and sold at a rate of 9.70.

The Euro is trading at a buying price of 7.3964 and a selling price of 7.4038 as compared to Friday's trading of a buying price of 7.4881 and a selling price of 7.4962. At a forex bureau in Accra, Euro is being bought at a rate of 7.90 and sold at a rate of 8.22.

The South African Rand is trading at a buying price of 0.4403 and a selling price of 0.4406 compared to Friday’s trading of a buying price of 0.4404 and a selling price of 0.4407.

At a forex bureau in Accra, South African Rand is being bought at a rate of 0.30 and sold at a rate of 0.72.

The Nigerian Naira is trading at a buying price of 58.4025 and a selling price of 58.5178 as compared to Friday’s trading of a buying price of 58.5245 and a selling price of 58.5386.

At a forex bureau in Accra, Nigerian Naira is being bought at a rate of 11.20 Naira for every 1 Cedi and sold at a rate of 14.50.

For the CFA, it is trading at a buying price of 87.7335 and a selling price of 87.8286 as compared to Friday’s trading of a buying price of 87.4644 and a selling price of 87.5438. At a forex bureau in Accra, CFA is being bought at a rate of 11.70 CFA for every 1 Cedi and sold at a rate of 13.50 CFA for every 1 Cedi.

Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra.

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Source: www.ghanaweb.com
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