Currency of Ghana: Ghanaian Cedi
Ghanaian Cedi · GHS · National
Who Issues Ghanaian Cedi in Ghana
The domestic monetary unit for Ghana is the Ghanaian Cedi (GHS), operating within a framework led by Bank of Ghana. Its standardized ISO 4217 numeric code is 936.
On a Ghanaian Cedi conversion involving Ghana, Bank of Ghana manages the monetary framework for the Ghanaian Cedi in Ghana. GHS is therefore a nationally administered currency rather than an externally issued unit.
Exchange Rate for GHS
On a Ghanaian Cedi conversion involving Ghana, the useful benchmark is a dated GHS observation with its currency pair stated explicitly. The resulting transaction amount can differ once a provider adds its margin or charges. The presentation keeps the rate context explicit.
For readers comparing GHS, match both the currency pair and the observation date before comparing reference rates. Actual conversion costs depend on the provider's spread, fees and timing. This makes the source trail clear.
Banknotes and Coins
Banknotes
Bank of Ghana's 2025 annual report records the current banknote structure up to GH₵200, while its currency materials cover the lower denominations that remain part of the legal-tender family.
Coins
Bank of Ghana confirmed in 2026 that 1, 5, 10, 20 and 50 pesewa coins, together with GH₵1 and GH₵2 coins, remain valid legal tender.
Frequently Asked Questions
What currency is used in Ghana?
In Ghana, the Ghanaian Cedi (GHS) is the national currency, with Bank of Ghana responsible for the domestic monetary framework. This gives the reference observation clearly bounded.
Who manages the currency system in Ghana?
Bank of Ghana is the main monetary authority identified for Ghana.
Are the exchange rates for Ghana real-time?
For reference-rate use in Ghana, a supported conversion is based on the latest reference observation available to the tool, with the observation date shown. The figure is informational and can differ from a bank, card or cash-counter quote. The wording keeps the observation easy to date.
Sources & methodology
The institutional description for Ghana is grounded in Bank of Ghana and the relevant monetary arrangement. ISO 4217 is used for the GHS identifier; exchange-arrangement facts and dated rate observations are treated as different data layers. This provides the reference value properly qualified.
View sources used for this page
- Bank of Ghana - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- Bank of Ghana - 2025 annual report, currency in circulation by denomination
- Bank of Ghana - 2026 legal-tender coin notice
- Bank of Ghana - banknotes and coins