GHS/USD

Market Open
12 Jun, 11:19
$
0. 090276
+0.000715
+0.7989%
$
2 Volume
$ 0.08956
Previous Close
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Day Range
0.089813 0.089925
Year Range
0.064026 0.098037
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GHSUSD Overview

GHSUSD denotes the exchange rate between the Ghanaian cedi (GHS) and the United States dollar (USD), expressing how many US dollars one cedi can buy. It tracks bilateral value movements and is quoted in terms of the domestic currency against the foreign currency.

The Ghanaian cedi is the legal tender of the Republic of Ghana, used for domestic transactions across the country and its territories. Issued and regulated by the Bank of Ghana, the cedi’s value is influenced by the nation’s economic fundamentals, fiscal conditions, and external receipts.

The United States dollar is the official currency of the United States of America and the primary global reserve currency. It is issued by the Federal Reserve System, which sets monetary policy and interest rates that affect dollar liquidity and international demand.

Movements in the GHSUSD rate are determined by supply and demand in foreign exchange markets, interest rate differentials, inflation trends, central bank interventions, and broader geopolitical and macroeconomic developments. External factors such as commodity prices and capital flows can also exert significant influence.

GHSUSD is relevant for importers, exporters, cross-border investors, and remittance recipients in Ghana, providing a basis for pricing, hedging currency exposure, and speculative strategies.

GHSUSD Chart

GHSUSD FAQ

What is the current GHS/USD price?

The current rate is $0.090276, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the GHS/USD rate changed today?

The rate has changed by +0.000715 (+0.7989%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was $0.089560, 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 GHS/USD moving up or down?

Movements in GHS/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+0.7989%) is based on the difference between the current rate and the previous closing rate.

Is GHS/USD trending up or down right now?

If the current rate ($0.090276) is above the previous close ($0.089560), 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 GHS/USD directly on this page.