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GHS flagGhanaian Cedi
(GHS) Insights

Currency of West Africa's second largest economy; gold, cocoa, and oil exporter; first sub-Saharan African country (outside South Africa) to issue Eurobond; 2022–23 debt crisis impacted GHS severely

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Ghanaian Cedi.

ISO Code

GHS

Standardized ISO 4217 Currency Code

Symbol

₵

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Pesewa Decimals

Subdivision unit definition

Region

Ghana

GHS Primary AreaGlobal Trade
Central Bank

Bank of Ghana (BOG)

Bank of Ghana (BOG)

Pegged Currency

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Market-determined exchange rate mechanism

Currency Standard: Fiat

Classified as Fiat in global trade networks

Banknotes

GHS 1

Coins

1p

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Ghanaian Cedi, highlighting cross-border utilization and primary trading corridors.

Fiat
Classification
USD/GHS
Top Pair Mapping
Ghana
Main Adoption Regions
Ghanaian Cedi Trading Terminal

Verified Authority

Regulated data streams mapped to Bank of Ghana (BOG).

GHS Market Insights

Deep-dive analysis of the Ghanaian Cedi's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

Cheaper imports; lower cocoa/gold revenues; lower inflation

Weak Currency Impact

Weak Currency Impact

Higher gold/cocoa/oil revenues; severe import inflation; higher debt costs (USD-denominated)

Remittance Role

Remittance Role

Ghana receives significant remittances (~$4.7 billion/year); major sources USA, UK, Germany, Italy, Netherlands

Central Bank Tools

Central Bank Tools

Monetary Policy Rate (MPR), Cash Reserve Ratio, FX interventions

Common Questions About Ghanaian Cedi

Everything you need to know about GHS exchange rates, banknotes, and historical significance.

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