Finance

Cedi nears GH¢10 mark, selling at GH¢9.95 to US Dollar as at August 16

File photo of Ghana cedis notes

The Cedi traded against the dollar at a mid-rate of 8.0671

Its trade value against the Pounds Sterling was at a mid-rate of 9.7410

The Euro’s mid-rate stands at 8.2096

Note that these rates may be different at a forex bureau near you.

Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra.

On the Interbank forex rates from the Bank of Ghana today, August 16, 2022, the Ghana Cedi is trading against the dollar at a buying price of 8.0631 and a selling price of 8.0711.

As compared to yesterday’s trading of a buying price of 8.0631 and a selling price of 8.0711. At a forex bureau in Accra, the dollar is being bought at a rate of 9.73 and sold at a rate of 9.95.

Against the Pound Sterling, the Cedi is trading at a buying price of 9.7353 and a selling price of 9.7353 as compared to yesterday’s trading of a buying price of 9.7353 and a selling price of 9.7353.

At a forex bureau in Accra, the pound sterling is being bought at a rate of 11.35 and sold at a rate of 11.70.

The Euro is trading at a buying price of 8.2051 and a selling price of 8.2140 as compared to yesterday’s trading of a buying price of 8.2941 and a selling price of 8.3024.

At a forex bureau in Accra, Euro is being bought at a rate of 9.57 and sold at a rate of 9.90.

The South African Rand is trading at a buying price of 0.4909 and a selling price of 0.4912 compared to yesterday’s trading of a buying price of 0.4951 and a selling price of 0.4955.

At a forex bureau in Accra, South African Rand is being bought at a rate of 0.38 and sold at a rate of 0.72.

The Nigerian Naira is trading at a buying price of 53.0005 and a selling price of 53.0711 as compared to yesterday’s trading of a buying price of 52.9301 and a selling price of 53.0235.

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At a forex bureau in Accra, Nigerian Naira is being bought at a rate of 12.50 Naira for every 1 Cedi and sold at a rate of 14.50.

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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