Convert Ghanaian Cedi to US Dollar
Convert Ghanaian Cedi (GHS) to US Dollar (USD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Ghanaian Cedi
The Ghanaian Cedi (GHS) was reintroduced in July 2007, replacing the old cedi at a rate of 10,000 old cedis to 1 new cedi, simplifying transactions and improving monetary management. Ghana was one of the first African countries to adopt a redenomination to address accumulated inflation. The Bank of Ghana manages monetary policy. Ghana is one of Africa's leading economies with significant exports of gold (the country's name historically derives from an ancient gold-trading empire), cocoa, oil, and timber.
About US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).