The nine months of 2025 saw a 21.0% increase in the value of the Ghanaian cedi relative to the US dollar.
However, after gaining 40.5% as of July 2025, the value of the local currency declined by almost 19% between late July 2025 and September 2025.
The cedi was trading at GH¢12.15 to one US dollar on the interbank market in September 2025, according to the Bank of Ghana’s Summary of Economic and Financial Data. In contrast, the cedi is trading at around GH¢13.60 per US dollar on the retail market.
Since January 1, 2025, the value of the local currency has increased by 43% in relation to the US dollar as of May 2025.
In a similar vein, the cedi gained 40.5% in July 2025 and 42.6% in June 2025 compared to the dollar.
In September 2025, it too gained 6.9% against the euro on the interbank market, reaching GH¢14.23. However, between July and September of 2025, its value drastically decreased.
The value of the cedi increased by 11.8% in relation to the pound. As a result, it sold on the interbank market for GH¢14.23.
Despite the recent setback, Dr. Johnson Asiama, the governor of the Bank of Ghana, stated that the cedi is still among the world’s best-performing currencies, pointing to a recent decline in remittance inflows as well as the typical seasonal trade pressures.
Dr. Asiama admitted that remittances have not been as strong as they were in other years when he opened the Monetary Policy Committee (MPC) meeting on Monday, September 15, 2025.
Tesla’s stock surges after CEO Elon Musk buys $1 billion worth of shares
Source:Lovinghananews.com
