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Here Is The Ghana Cedi’s Performance Against Major Foreign Currencies As At November 23

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On the Interbank forex rates from the Bank of Ghana today, November 23, 2021, the Ghana Cedi is trading against the dollar at a buying price of 5.9083 and a selling price of 5.9143. The figures were the same as yesterday’s. At a forex bureau in Accra, dollar is being bought at a rate of 6.25 and sold at a rate of 6.45.

 

Against the Pound Sterling, the Cedi is trading at a buying price of 7.9225 and a selling price of 7.9310 as compared to yesterday’s trading of a buying price of 7.9532 and a selling price of 7.9624. At a forex bureau in Accra, pound sterling is being bought at a rate of 8.30 and sold at a rate of 8.65.

 

The Euro is trading at a buying price of 6.6503 and a selling price of 6.6574 as compared to yesterday’s trading of a buying price of 6.6856 and a selling price of 6.6927. At a forex bureau in Accra, Euro is being bought at a rate of 7.05 and sold at a rate of 7.30.

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The South African Rand is trading at a buying price of 0.3751 and a selling price of 0.3755 as compared to yesterday’s trading of a buying price of 0.3761 and a selling price of 0.3765. At a forex bureau in Accra, South African Rand is being bought at a rate of 0.37 and sold at a rate of 0.46.

 

The Nigerian Naira is trading at a buying price of 70.0776 and a selling price of 70.0946 as compared to yesterday’s trading of a buying price of 70.0658 and a selling price of 70.0827. At a forex bureau in Accra, Nigerian Naira is being bought at a rate of 98.03 Naira for every 1 cedi and sold at a rate of around 1 cedi to 80 Naira.

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For the CFA, it is trading at a buying price of 98.5305 and a selling price of 98.6357 as compared to yesterday’s trading of a buying price of 98.0108 and a selling price of 98.1149. At a forex bureau in Accra, CFA is being bought at a rate of 96.15 CFA for every 1 cedi and sold at a rate of 90.09 CFA for every 1 cedi.

 

Our Forex Bureau Rates are provided by Afriswap Bureau De Change in Osu, Accra.

NOTES on NAIRA/CFA Calculation

NOTE on Nigerian Naira:

To calculate Naira buying rate,
(1/(buying rate on site/1000)). For example if rate quoted is 10.2 then effective rate is (1/(10.2/1000)) which Is 98.03.

To calculate Naira Selling rate,

(1/(selling rate on site/1000)). For example, if rate quoted is 10.2 then effective rate is (1/(12.5/1000)) which Is 80.

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NOTE on CFA

To calculate CFA buying rate,
(1/(buying rate on site/1000)). For example, if rate quoted is 10.4 then effective rate is (1/(10.4/1000)) which Is 96.15

 

To calculate CFA Selling rate,

(1/(selling rate on site/1000)). For example, if rate quoted is 11.10 then effective rate is (1/(11.10 /1000)) which Is 90.09.

 

 

 

 

 

 

 

 

 

Source: GhanaWeb

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Disclaimer: MyGhanaMedia is not responsible for this report and its content.There are four types of content published on MyGhanaMedia daily: curated content; syndicated content; user-generated content; and original content.

 

 


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