GBP to Ghana Cedi Exchange Rates and Travel Money Guide

The Ghana Cedi is the official currency of Ghana, and as a traveler, it's essential to know the current exchange rates between the GBP and GHS.

You can easily check the latest exchange rates online or through a currency exchange service, but it's always a good idea to have some local currency with you when you arrive in Ghana.

To get the best exchange rates, it's recommended to use a currency exchange service or a bank that offers competitive rates, rather than exchanging money at the airport or a hotel.

The Ghanaian government has also implemented a policy of encouraging the use of local currency, so you may find that some businesses only accept GHS, especially in rural areas.

The Pound Sterling to Ghanaian Cedi exchange rate is quite volatile, with a change of 0.2823951788 GHS in just one day, as seen on Monday 01-06-2025.

One Pound Sterling is equivalent to 18.53959311 GHS, and this rate has been fluctuating over the past week.

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On Friday 01-03-2025, the exchange rate was 18.26669433 GHS for 1 GBP, which is a significant difference from the current rate.

The historical data shows that the highest exchange rate in the last 30 days was 18.95305798 GHS, which is an important consideration for anyone converting GBP to GHS.

Here's a breakdown of the exchange rates for different amounts of GBP:

The average exchange rate for 1 GBP over the past 5 years is 7.51250988 GHS, which is a significant difference from the current rate.

TransferGo is a reliable online money transfer service that allows you to send Ghana Cedi (GHS) to loved ones in Ghana.

With TransferGo, you can transfer up to 100,000 GHS per transfer, making it a convenient option for those who need to send larger amounts.

Their online platform is user-friendly and easy to navigate, allowing you to initiate a transfer in just a few clicks.

TransferGo offers competitive exchange rates, with a margin of 1.5% above the interbank rate, making it a cost-effective option for those who want to send money abroad.

Their transfers are also fast, with funds usually arriving in Ghana within 1-2 business days.

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The GBP to GHS exchange rate has fluctuated significantly over the last week, with a high of 18.95305798 GHS on multiple days, including the last day of December 2024.

One notable trend is that the exchange rate has generally been increasing, with the average rate over the last 30 days being 18.95305798 GHS.

However, over the last 5 years, the exchange rate has been much more volatile, with a high of 7.51250988 GHS and a low of 7.51250988 GHS.

The table below shows the exchange rate for the last week:

The GBP to GHS exchange rate can be affected by various factors, including economic indicators, geopolitical events, and central bank decisions.

Exchange rates can be influenced by a range of factors, and understanding these can help you make informed decisions when converting currencies. Economic indicators, such as GDP growth, inflation, and interest rates, can significantly impact the exchange rate.

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For instance, if a country's GDP is growing rapidly, its currency may strengthen against other currencies. In contrast, high inflation can lead to a decrease in a currency's value. It's essential to keep an eye on these indicators to anticipate potential changes in exchange rates.

Geopolitical events, such as elections and trade agreements, can also influence exchange rates. These events can create uncertainty, leading to fluctuations in currency values. A change in government or a new trade agreement can have a significant impact on a country's economy and, subsequently, its currency.

Central bank decisions, such as interest rate changes, can affect the exchange rate. For example, if a central bank lowers interest rates, it can lead to a decrease in the value of its currency. Conversely, raising interest rates can strengthen the currency.

Here are some key factors affecting exchange rates:

The British Pound has seen a significant decline in value compared to the Ghanaian Cedi over the past six months, with a decrease of -6.70%.

This shift in the exchange rate has a direct impact on travelers and businesses that exchange currency, making it more expensive to buy Ghanaian Cedis with British Pounds.

The GBP/GHS rate has been trending downward, with no specific date mentioned in the article to pinpoint the exact start of this decline.

However, we can see that the rate was at its lowest on Tuesday 12-31-2024, with 1 GBP converting to 18.43478495 GHS.

Here are the highs and lows of the GBP/GHS rate over the past six months:

This data shows that the rate has been steadily decreasing over the past six months, with no notable increases in value.

Traveling to Ghana can be expensive, especially when it comes to exchanging currency. The Ghanaian Cedi (GHS) is the local currency, and as of our last update, 1 GBP is equivalent to approximately 7.5 GHS.

You'll also want to consider the costs of getting to Ghana, including flights and travel insurance. According to our article, the cheapest flights from the UK to Accra start from around £400 return.

To make your money go further, consider using an ATM to withdraw local currency once you arrive in Ghana. This can be a more cost-effective option than exchanging money at the airport.

Traveling abroad can be expensive, but you can save money by using an ATM to withdraw local currency instead of exchanging cash at a currency exchange office. This can save you up to 5% on the exchange rate.

Always inform your bank of your travel plans, so they don't flag your transactions as suspicious and freeze your account. A frozen account can be a real hassle when you're trying to access your money abroad.

Using a credit card with no foreign transaction fees can save you up to 3% on international purchases. This can add up quickly, especially if you're making big purchases like hotel rooms or car rentals.

Be aware of any fees associated with using your debit card abroad, as these can range from 1-3% of the transaction amount. Some debit cards also charge a flat fee per transaction.

It's a good idea to have some local currency with you when you arrive at your destination, especially if you're traveling to a country with limited ATM availability. This can help you get a taxi or pay for your first meal.

You can also use a prepaid currency card, which can be loaded with local currency and used like a debit card. These cards often come with no fees or low fees for international transactions.

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Traveling in Africa can be a thrilling experience, but it's essential to understand the local currency.

The Ghanaian cedi is one of the many currencies used in Africa, and it's the official currency of Ghana.

One thing to keep in mind is that the Ghanaian cedi is not used outside of the country, so you won't be able to use it in other African nations.

If you're planning to visit Ghana, you'll need to exchange your money for GHS, the currency code for the Ghanaian cedi.

The Ghanaian cedi is divided into 100 pesewas, which is the unit of currency used for change.

You'll see coins in circulation with denominations of 1, 5, 10, 20, and 50 pesewas, as well as GH₵1 and GH₵2 coins.

Banknotes in circulation range from GH₵1 to GH₵200, and each note features a portrait of a Ghanaian politician, except for the 50-cedi note, which depicts a cocoa fruit.

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