EUR/GHS
Market Open
12 Jun, 11:19
GH¢
12. 87
+0.04
+0.3117%
GH¢
1 Volume
GH¢ 12.832
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EURGHS Overview
EURGHS denotes the exchange rate between the Euro and the Ghanaian Cedi, showing how many cedis are required to buy one euro. It tracks cross-currency valuation between the European single currency and Ghana’s national currency in the foreign exchange market.
The euro (EUR) is the official currency of the Eurozone, used by 20+ member states in the European Union for most domestic and cross-border transactions. The European Central Bank manages euro issuance and sets monetary policy for the collective currency area.
The Ghanaian cedi (GHS) is the official tender of the Republic of Ghana and is used for domestic payments and pricing within the country. The Bank of Ghana is responsible for issuing the cedi and implementing the nation’s monetary policy and foreign exchange interventions.
Movements in EURGHS are driven by market supply and demand, interest rate differentials, inflation expectations, and central bank actions in both jurisdictions. Political events, commodity price shifts (notably gold and cocoa for Ghana), capital flows and remittance patterns also influence the pair’s direction and volatility.
For market participants, EURGHS matters for trade settlement, cost planning, hedging currency exposure and speculative strategies. Corporations, importers/exporters and investors monitor the pair to manage transaction costs and currency risk.
The euro (EUR) is the official currency of the Eurozone, used by 20+ member states in the European Union for most domestic and cross-border transactions. The European Central Bank manages euro issuance and sets monetary policy for the collective currency area.
The Ghanaian cedi (GHS) is the official tender of the Republic of Ghana and is used for domestic payments and pricing within the country. The Bank of Ghana is responsible for issuing the cedi and implementing the nation’s monetary policy and foreign exchange interventions.
Movements in EURGHS are driven by market supply and demand, interest rate differentials, inflation expectations, and central bank actions in both jurisdictions. Political events, commodity price shifts (notably gold and cocoa for Ghana), capital flows and remittance patterns also influence the pair’s direction and volatility.
For market participants, EURGHS matters for trade settlement, cost planning, hedging currency exposure and speculative strategies. Corporations, importers/exporters and investors monitor the pair to manage transaction costs and currency risk.
EURGHS Chart
EURGHS FAQ
What is the current EUR/GHS price?
The current rate is GH¢12.872000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the EUR/GHS rate changed today?
The rate has changed by +0.04 (+0.3117%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was GH¢12.832000, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is EUR/GHS moving up or down?
Movements in EUR/GHS are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.3117%) is based on the difference between the current rate and the previous closing rate.
Is EUR/GHS trending up or down right now?
If the current rate (GH¢12.872000) is above the previous close (GH¢12.832000), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for EUR/GHS directly on this page.
