1 US dollar trading at 8.28 Ghanaian cedis
News Hub Creator12h
Early today, Google’s currency converter displayed an exchange rate of 1 US dollar to 8.28 Ghanaian cedis, causing widespread confusion among users tracking forex rates. However, checks from financial platforms such as Wise.com and Exchange-Rates.org indicate that the actual exchange rate on March 4, 2025, was around 15.38 GHS per USD, significantly higher than what Google showed.
The apparent error raised concerns, as many rely on Google’s converter for quick exchange rate updates. Some financial analysts speculate that the glitch may have been caused by a temporary data feed issue. Others suggest it could have resulted from outdated information being mistakenly displayed.
The Bank of Ghana has not commented on the discrepancy, but experts advise the public to cross-check rates from multiple sources, including official financial platforms like Bloomberg, XE, or the Bank of Ghana’s website, to avoid misinformation.
The current dollar-to-cedi exchange rate remains volatile due to economic conditions, and traders, businesses, and individuals are urged to verify rates before making financial decisions.
More updates will follow as the situation develops.