Ghanaian Currency- SayPro Southern Africa Youth Project Erasumus+ Ghana Travel  project

Currency in Ghana: The Ghanaian Cedi (GHS)

Ghana’s official currency is the Ghanaian Cedi, symbolized as GHS or sometimes simply ₵. It’s the legal tender used for all transactions in the country.

Currency Units

1 Ghana Cedi (GHS) = 100 Pesewas

Common coins: 10p, 20p, 50p, GHS1, GHS2

Common banknotes: GHS1, GHS2, GHS5, GHS10, GHS20, GHS50, and GHS100

Exchange Rates

The exchange rate can fluctuate, so it’s best to check the daily rate before exchanging currency.

As of early 2025, USD, EUR, and GBP are commonly accepted for exchange in Ghana.

 Currency Exchange

Foreign currency can be exchanged at:

Banks

Licensed Forex Bureaus (safer than street vendors)

Hotels (less favorable rates)

Avoid changing money on the street to prevent scams or counterfeit bills.

Payment Methods

Cash is king, especially in markets, rural areas, and informal settings.

Mobile Money (MoMo) is widely used, even more than credit/debit cards in many areas. Services like MTN Mobile Money allow users to pay, receive, and store funds via mobile phones.

Credit/Debit Cards are accepted in hotels, supermarkets, and some urban businesses—but not everywhere. Visa is more commonly accepted than Mastercard

Tips for Visitors

Carry small denominations for ease in taxis, markets, and street food.

Always count your change.

Keep some cash in secure, separate locations when traveling.