Audio By Carbonatix
The Cedi exchange rate vis-a-vis the U.S. dollar continues to depreciate on the foreign exchange market as market rates continue to rise. At the close of business on March 4, 2025, the average rate for $1 stood at ₵15.81, compared to ₵15.55 three months ago.
The Cedi has wavered since the beginning of the year at 14.4 Cedis to a dollar.
This marks a depreciation rate of nearly 7.9% of the present average exchange rate since the beginning of the year.
The following are market rates for the cedi quoted by different market operators:
Cal Bank - 15.67
Stanbic Bank 15.66
Zenith Bank - 15.66
NIB - 15.66
Omnibisic - 15.66
Absa. - 15.65
Fidelity. -15.65
Mastercard - 16.64
Visa. - 16.64
Eversend. - 16.39
Wewire. -16.08
CBG. - 15.64
GCB. - 15.60
Standard Chartered - 15.60
GT Bank - 15.60
Ecobank - 15.60
Access - 15.59
Bank of Ghana - 15.53
Latest Stories
-
Livestream: Newsfile discusses LGBTQ references in SHS manual, detains fugitives and home-bound developments
28 minutes -
South Africa to showcase G20 legacy and investment-ready economy at World Economic Forum 2026
38 minutes -
India to expand scholarship schemes for Ghana and other African countries
42 minutes -
Karaga MP Dr Amin Adam upgrades basic school infrastructure, distributes 400 dual desks
2 hours -
Uganda’s president heads for victory as his main rival cries foul
3 hours -
Lt Col Dela Galley makes history as first female commander of Ghana Military Police
3 hours -
Nollywood special effects artist, James Akaie dies on set following gas explosion
4 hours -
27-year-old sentenced to seven years for pouring acid on former student
4 hours -
Ghana’s US envoy links job creation to ending youth deportations
5 hours -
Blair and Rubio among names on Gaza ‘Board of Peace’
5 hours -
Minister calls for inter-ministerial force to fix Accra’s rush-hour transit crises
6 hours -
Sarkodie’s Rapperholic UK edition sells out Royal Albert Hall
6 hours -
Academic exodus: Ghanaian PhD students in UK forced to withdraw as Scholarship Secretariat fails to pay fees
7 hours -
Antoine Semenyo’s £65m Manchester City switch sparks discussions in UK Parliament
8 hours -
Transport crises, Prof. Frimpong-Boateng v NPP and LGBTQI issues take centre stage on Joy Prime’s ‘Prime Insight’
8 hours