Currency Calculator

Use the currency calculator to calculate the rate of exchange.

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1 GHS = 1 EUR

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1 EUR = 1 GHS

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Currency Exchange Rates for Ghanaian cedi - Send Money to Ghana

Western Union
FCA Regualted: FCA Regulated
Margin Rate: 4%
Rate Per Single Unit: 0.960
Exchange Rate You Get: 96,000
Transferwise
FCA Regualted: FCA Regulated
Margin Rate: 3%
Rate Per Single Unit: 0.970
Exchange Rate You Get: 97,000
Currencyfair
FCA Regualted: FCA Regulated
Margin Rate: 2%
Rate Per Single Unit: 0.980
Exchange Rate You Get: 98,000
Currencyfair
FCA Regualted: FCA Regulated
Margin Rate: 2%
Rate Per Single Unit: 0.980
Exchange Rate You Get: 98,000
Currencyfair
FCA Regualted: FCA Regulated
Margin Rate: 2%
Rate Per Single Unit: 0.980
Exchange Rate You Get: 98,000

Countries that use the GHS

Convert GBP to GHS

Currency Exchange Rates for Ghanaian cedi? Convert GBP to GHS at todays exchange rate. See money transfer for Ghana and historical to restrictions.
GBP to GHS Exchange Rate

Currency Information on Ghana Cedi - GHS — Ghanaian cedi - GHs or GH¢
Coins circulate in denominations of 1, 5, 10, 20 and fifty pesewas, and the 1 cedi, banknotes are just available in denominations of 1, 2, 5, 20, 20 and 50 cedis.
Ghana used to use the British West African Pound, but this was replaced with the Ghanaian pound when the country gained independence in 1958.

The Ghanaian pound was replaced with the cedi and pesewa (1/100th of a cedi) in 1965. The following cedi was introduced in 1967, and remained the official currencies of Ghana until the third – and current - cedi replaced it in year 2007.

What's the problem changing money like this?

Although it's easy and safe, you might end up losing more money in every transaction. Nevertheless, there are two different methods to exchange money at foreign land: one is the convenient way, i.e., exchanging at government authorities and the other is the smart way. However, the smart way is to ask few questions before making the GHS transfer process.



How did the currency value work?

The value of a currency depends on the factors like political stability, role in the international market, reserves and relatively low inflation, and economic growth. Let's assume that you are moving from country x to y. In that case, it will be beneficial to get country's y currency while being in country x. The only reason is, every country wants to get rid of others country's currency and want their money back before inflation reduces.



Are you traveling to a currency restrictive country?

Countries like Venezuela and Argentina are some of the countries who have policies that restrict their citizens to opt free-trade money. If any of their residents have just travelled to another country and want their respective country's‚¬â„¢s currency back, they have to show a proof of their current air travel to get money. And if they try to exchange it in some other country, they will end up getting lowest value.



Can you exchange currency at land borders?

Countries borders are the safest and smartest way to exchange money. Although they don't give expected money, they can provide good value for your currency. The deeper you will go, the inclination you will see in currency exchange.



Do you opt no-fee exchange agencies?

No-fee currency exchange centres are very easy to find, especially when you are traveling to a country that is popular for its tourism. You can visit them and get the job done. However, the only problem is that their rates are ridiculous. So if you are moving to these countries to sell your goods, make sure to double-check the exchange rate.



Furthermore, currency exchange process has some guidelines and regulations that are specially designed to get rid of money laundering and other legal problems. Below are some rules:



Keep record:

Record keeping is one of the most important clauses in money exchange guidelines. As per rules, money exchange business has to keep a complete and accurate record of people with whom they are dealing to exchange funds. These rules vary by state and require a daily sheet to keep an eye on everything.

GBP to GHS Exchange Rate

Currency Information on Ghana Cedi - GHS — Ghanaian cedi - GH₵ or GH¢
Coins circulate in denominations of 1, 5, 10, 20 and 50 pesewa, and 1 cedi, banknotes are available in denominations of 1, 2, 5, 20, 20 and 50 cedi.
Ghana used to use the British West African Pound, but this was replaced with the Ghanaian pound when the country gained independence in 1958.

The Ghanaian pound was replaced with the cedi and pesewa (1/100th of a cedi) in 1965. The second cedi was introduced in 1967, and remained the official currency of Ghana until the third – and current - cedi replaced it in 2007.

We are an international business and work with companies around the world, especially California in the US and Australia. Our providers are based in different countries so we need to be constantly up to date about the current foreign exchange rates. Otherwise, we would be wasting money during the currency transfer process and obviously this is not what a business wants.

Comment written by Victoria Brown Wine Industry.
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