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As of May 20, 2025, the exchange rate for the US Dollar (USD) to the Ghanaian Cedi (GHS) is approximately 1 USD = 12.10 GHS, based on the Bank of Ghana’s interbank mid-rate . This rate has seen a significant decrease from earlier in the month, where it was around 15.31 GHS per USD on May 1 .(Bank of Ghana, Exchange Rates)

Recent Trends

• Early May 2025: The USD was stronger, with rates around 15.31 GHS.
• Mid-May 2025: A sharp decline occurred, with the rate dropping to approximately 12.30 GHS by May 19 .
• Current Rate: Stabilized around 12.10 GHS as of May 20.(Exchange Rates)

This recent appreciation of the Ghanaian Cedi against the US Dollar could be attributed to various economic factors, including changes in foreign exchange policies, shifts in trade balances, or interventions by the Bank of Ghana.

Exchange Rate Sources

For the most accurate and up-to-date rates, consider checking:

• Bank of Ghana: Official interbank rates .
• XE.com: Real-time currency conversion .
• Wise: Historical exchange rate data .(Bank of Ghana, XE)

If you’re planning currency exchanges or international transfers, it’s advisable to monitor these sources regularly, as exchange rates can fluctuate due to market dynamics.