Ghana Cedi to South African Rand Exchange Rate Guide

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A street vendor balances goods on her head amidst traffic in Accra, Ghana. Capturing urban life.
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The Ghana Cedi to South African Rand exchange rate can be a bit confusing, but don't worry, I've got you covered. The exchange rate is determined by the supply and demand of both currencies on the foreign exchange market.

One thing to keep in mind is that the exchange rate can fluctuate constantly, so it's essential to check the current rate before making any transactions. You can find the current rate on various online platforms, including banks and currency exchange websites.

In general, the Ghana Cedi tends to be a weaker currency compared to the South African Rand, which means you'll get more Rand for your Cedi. For example, according to historical data, 1 GHS was equivalent to approximately 1.35 ZAR in 2022.

Currency Information

The Ghana cedi (GHS) is the official currency of Ghana, and it's currently used by the country. It's a widely accepted currency in Ghana.

The Ghana cedi has a symbol of GH₵ and is divided into 100 subunits called pesewa (Gp). This means that 1 Ghana cedi is equal to 100 pesewa.

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You can find coins available in denominations of 1, 5, 10, 20, 50Gp, and GH₵1. Banknotes are available in denominations of GH₵1, 2, 5, 10, 20, and 50.

The Central Bank of Ghana is responsible for managing the Ghana cedi.

Here's a comparison of the Ghana cedi with the South African Rand (ZAR):

The South African Rand (ZAR) is the official currency of South Africa, and it's used throughout the country. The Central Bank of South Africa is responsible for managing the South African Rand.

Conversion and Comparison

The Ghana cedi to South African rand conversion is a crucial aspect of financial planning, especially for individuals involved in forex trading. The exchange rate between the two currencies can fluctuate rapidly, making it essential to have access to real-time data.

You can use the live Ghanaian cedi to South African rand conversion feature to get the current exchange rate. This feature provides users with up-to-date information to make informed decisions.

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For instance, if you want to know how much is 100 Ghana cedi in South African rand, you can enter the amount to be converted from Ghana cedi (GHS) to South African rand (ZAR) and it will be converted as you type. The current rate is 127.6206, with a bid price of 127.6270 and an ask price of 127.6823.

The exchange rate can also be influenced by historical data. In the past month, the most favorable exchange rate observed was GH₵1.289 (30 December 2024, Monday). This shows that the exchange rate can fluctuate over time.

Here's a comparison of the exchange rate over the last 10 days:

This table shows the exchange rate over the last 10 days, highlighting the fluctuations in the exchange rate.

The exchange rate can also be influenced by the high and low rates over a period of time. For instance, over the last 7 days, the high rate was R1.2876 and the low rate was R1.2731.

Tools and Resources

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If you're looking to convert Ghana cedi to South African Rand, you have a few options to choose from.

One option is to use the Ghana cedi to South African Rand chart, which allows you to select a time frame for the chart, ranging from 1 month to 13 years.

You can also download the chart as a png or jpeg image, or as a pdf file, or directly print the chart by clicking on the corresponding button in the top right of the chart.

Another option is to use the printable Ghana cedi to South African Rand table, which lists the exchange rates for various amounts of Ghana cedi in South African Rand.

For example, according to the table, 1 Ghana cedi is equivalent to 1.2756 South African Rand, and 100 Ghana cedi is equivalent to 127.5579 South African Rand.

Here is a summary of some of the exchange rates listed in the table:

The table also lists the exchange rates for various other amounts of Ghana cedi, including 500, 2000, 5000, and 10000.

General

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Ghana's economy is primarily driven by agriculture, which accounts for about 20% of the country's GDP.

The Ghana cedi is the official currency of Ghana, divided into 100 pesewas. The South African rand, on the other hand, is the official currency of South Africa, divided into 100 cents.

The Ghana cedi has undergone several devaluations, including a 20% devaluation in 2014, which affected the exchange rate with the South African rand.

Currency of:

The currency of a country is an essential aspect of its economy and daily life. The official currency of Ghana is the Ghana cedi (GHS).

You might be wondering what the symbol for the Ghana cedi is. It's GH₵.

Did you know that the Ghana cedi has a subunit called the pesewa (Gp)? It's divided into 100 pesewas.

Coins available in Ghana include 1, 5, 10, 20, 50Gp, and GH₵1. Banknotes available are GH₵1, 2, 5, 10, 20, and 50.

The central bank responsible for managing the Ghana cedi is the Bank of Ghana.

Here's a quick rundown of the available currency in Ghana:

Currency of Africa:

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Africa is a vast and diverse continent, and its currencies reflect this diversity. The official currency of South Africa is the South African Rand (ZAR).

South Africa uses the South African Rand, which is divided into 100 cents. You can spot the currency symbol "R" in daily transactions. The South African Rand comes in coins ranging from 5c to R5 and banknotes from R10 to R200.

In Ghana, the local currency is the Ghana cedi (GHS), which is subdivided into pesewa, with 1 pesewa equal to 1/100 of a Ghana cedi. The Ghana cedi is used for all transactions in Ghana.

The Ghana cedi has coins available in denominations of 1, 5, 10, 20, and 50Gp, as well as a GH₵1 coin. Banknotes in Ghana cedi come in denominations of GH₵1, 2, 5, 10, 20, and 50.

Here's a list of African countries' currencies and their subunits:

100 in Numbers

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Detailed view of South African Krugerrand gold coins for investment and currency exchange.
Credit: pexels.com, Detailed view of South African Krugerrand gold coins for investment and currency exchange.

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There are over 1,400 generals currently serving in the US military.

The most decorated general in US history is General of the Army Douglas MacArthur, who received 7 Distinguished Service Medals.

History

The Ghanaian Cedi to South African Rand exchange rate has been quite volatile over the past 30 days.

The highest exchange rate was recorded on 31 December 2024, Tuesday, where 1 GHS was valued at 1.28757 ZAR.

There have been several instances where the exchange rate has decreased, with the lowest value recorded on 22 December 2024, Sunday, where 1 GHS was valued at 1.24922 ZAR.

Here's a breakdown of the exchange rate changes over the past 30 days:

The exchange rate has fluctuated significantly over the past 30 days, with some days seeing an increase and others a decrease.

Questions and Answers

Captured moment of two individuals exchanging currency outdoors in Kenya.
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The GHS/ZAR currency pair is the shortened term for the Ghanaian Cedi against the South African Rand pair, or cross for the currencies of Ghana and South Africa.

To trade the GHS/ZAR currency pair, you're essentially trading the Ghanaian Cedi. The current exchange rate is listed on our page and is updated every hour based on market data.

The GHS/ZAR forex rate is 1.280560 today, and you can check the current mid-market exchange rate and conversion using our live currency exchange table or a reputable online currency converter.

If you want to convert Ghanaian Cedi to South African Rand, the perfect moment is influenced by several aspects, including a robust performance and desirable volatility levels.

You can monitor these indicators on this page, where a wave-meter is displayed above.

Frequently Asked Questions

Is Ghana's currency higher than South Africa?

No, the Ghanaian cedi is currently lower than the South African rand, with a current exchange rate of 1:1.296. This means the rand has a slight advantage over the cedi.

Teresa Halvorson

Senior Writer

Teresa Halvorson is a skilled writer with a passion for financial journalism. Her expertise lies in breaking down complex topics into engaging, easy-to-understand content. With a keen eye for detail, Teresa has successfully covered a range of article categories, including currency exchange rates and foreign exchange rates.

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