In a significant boost to the local economy, the Ghana cedi is entering the final days of 2025 on its strongest footing in 10 years.
The currency has defied traditional seasonal trends of end-of-year depreciation, marking a dramatic turnaround that is providing much-needed relief to the nation’s private sector.
For decades, the final quarter in Ghana has typically been characterised by a “forex squeeze” as importers scramble for dollars to stock shelves for the festive season.
However, 2025 has seen a reversal of this pattern. Market data reveals that the local currency has not only held its ground but has actively clawed back value against major global benchmarks.
The Numbers: A Comparative Triumph
The scale of the cedi’s recovery is most evident when compared to the turbulent close of the previous year.
Last week, the interbank market opened with the dollar at GHȼ11.50, the pound at GHȼ15.36, and the Euro at GHȼ13.47.
By the start of this final week of December, those rates had sharpened to:
US Dollar: GHȼ11.11
British Pound: GHȼ15.00
Euro: GHȼ13.08
This performance stands in stark contrast to December 2024, when the dollar traded at a staggering GHȼ14.71, the pound at GHȼ18.49, and the Euro at GHȼ15.33.
Source:Lovinghananews.com
