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The Ghanaian cedi appreciated against the US dollar on Tuesday, November 10, 2026, with its common shopping for price strengthening to GH¢11.84 per dollar, from GH¢11.89 recorded on Monday, whereas its promoting price stood at GH¢12.16 per dollar.
The newest exchange rates have been printed by Cedirates.com, a Ghanaian platform that tracks day by day foreign money and gasoline costs, whereas the Bank of Ghana supplied the corresponding interbank market rates.
The newest actions mirror combined adjustments throughout Ghana’s international exchange market, with various rates amongst foreign exchange bureaus, the official interbank market, worldwide remittance platforms and digital cost channels.
The developments come amid rising inflationary stress and up to date fluctuations within the cedi’s efficiency against the dollar.
Ghana cedi appreciates against dollar
The newest figures present an enchancment within the cedi’s common shopping for price, though its promoting price recorded a special motion, highlighting continued fluctuations in Ghana’s international exchange market.
- The common shopping for price appreciated by 5 pesewas from Monday’s price, whereas the promoting price stood at GH¢12.16 per dollar, in contrast with GH¢12.14 beforehand.
- The report gives an outline of exchange rates throughout Ghana’s international exchange market, protecting foreign exchange bureaus, the Bank of Ghana’s interbank market, worldwide remittance platforms and digital cost channels.
- At foreign exchange bureaus, the dollar traded at GH¢12.00 for purchasing and GH¢12.25 for promoting, whereas the Bank of Ghana’s interbank market quoted GH¢11.68 and GH¢11.70, respectively.
The British pound traded at GH¢15.51 for purchasing and GH¢16.37 for promoting at foreign exchange bureaus, equal to roughly $1.31 and $1.38, respectively, utilizing the typical cedi shopping for price. The Bank of Ghana’s interbank price stood at GH¢15.69, equal to roughly $1.33.
The euro traded at GH¢13.02 for purchasing and GH¢13.81 for promoting at foreign exchange bureaus, equal to roughly $1.10 and $1.17, respectively. Its interbank price stood at GH¢13.10, or roughly $1.11.
For worldwide remittances, LemFi and Taptap Send provided GH¢11.68 and GH¢11.70 per dollar, respectively. Both platforms quoted GH¢15.75 per pound, equal to roughly $1.33, whereas their euro rates stood at GH¢13.12 and GH¢13.13, equal to roughly $1.11 every.
For digital subscriptions such as Netflix, Spotify and Apple Music, Visa and Mastercard utilized exchange rates of GH¢12.58 per dollar every.
The variations spotlight the various conversion rates customers encounter relying on the channel used to entry foreign currency echange or pay for worldwide providers.
Ghana inflation rises as cedi fluctuates
The cedi’s newest exchange-rate actions come amid renewed inflationary stress in Ghana, with annual inflation rising to five.5% in October 2026, its highest degree in 11 months.
Nairametrics reported on November 4 that inflation had elevated from 5.2% in September, forward of the Bank of Ghana’s November financial coverage resolution.
The improve mirrored greater worth pressures in non-food objects and providers, though meals inflation moderated through the interval.
- Non-food inflation elevated to 7.9% in October from 6.2% in September.
- Services inflation rose to 11.5% from 8.3% over the identical interval.
- Food inflation moderated to 2.8% from 4% in September.
- The Ghanaian cedi had weakened by 10% against the US dollar in 2026, including to home worth pressures.
The Bank of Ghana maintained its coverage price at 14% from March whereas monitoring inflationary developments. Its subsequent financial coverage resolution was scheduled for November 18, 2026.
Meanwhile, the cedi recorded a 0.60% achieve against the US dollar in October, providing some aid after vital depreciation in September.
Data compiled by Nairametrics Research from official exchange price figures confirmed that the cedi improved from GH¢11.71 per dollar on the finish of September to GH¢11.64 per dollar on the finish of October.
The appreciation marked a restoration after the foreign money recorded the most important depreciation among the many African currencies examined in September. Its 0.60% achieve positioned it marginally forward of the Liberian dollar in October’s rating.
Only 9 of the 54 country-level entries examined recorded positive aspects against the dollar throughout October, whereas 39 recorded depreciation and 6 remained unchanged.
Naira weakens to N1,350 regardless of rising reserves
Nigeria’s naira additionally weakened against the US dollar within the first week of November, falling to N1,350.45 per dollar on the Nigerian Foreign Exchange Market (NFEM) on November 5, 2026, from N1,346.01 recorded on November 2.
- According to a Nairametrics report published on November 6, 2026, citing information from the Central Bank of Nigeria (CBN), the naira misplaced N4.44 against the dollar inside the first 4 days of November, following successive declines from N1,347.75 on November 3 and N1,348 on November 4.
- The depreciation got here regardless of a rise in Nigeria’s gross exterior reserves, which rose by $295.35 million in October, whereas internet international exchange reserves reached a file $46 billion.
- The newest exchange-rate figures present that the naira continued to face stress through the opening days of November, even as the nation’s exterior reserve place improved.
The motion from N1,346.01 on November 2 to N1,350.45 on November 5 represented a weakening of the native foreign money against the dollar over the interval. The successive will increase within the exchange price additionally mirrored the naira’s gradual depreciation through the first 4 days of the month.
The improve in gross exterior reserves and the file $46 billion in internet international exchange reserves present further context to the foreign money’s efficiency, highlighting the distinction between enhancing reserve figures and the naira’s motion against the US dollar.
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