Bank of Ghana Announces Official Daily Exchange Rates for Tuesday, October 20, 2026
The Bank of Ghana has announced its official daily exchange rates for Tuesday, 20 October 2026. The rates cover the US dollar, the British pound sterling and the euro against the Ghana cedi.
According to the central bank, the figures are the average interbank rates used by commercial banks. They reflect transactions at the close of business on Monday, 19 October 2026.
The US dollar is quoted at a buying rate of ₵11.6592 and a selling rate of ₵11.6708. This means a buyer of dollars pays slightly more than a seller receives. The gap between the two rates is very small, which suggests a stable market for the currency.
The pound sterling remains the strongest of the three currencies against the cedi. It is quoted at a buying rate of ₵15.5067 and a selling rate of ₵15.5234. The spread is wider than that of the dollar, but it is still modest.
The euro is quoted at a buying rate of ₵13.0638 and a selling rate of ₵13.0756. It sits between the dollar and the pound in value. The euro’s spread is also narrow, similar to the dollar’s.
These rates matter to many people in Ghana. Importers, exporters and travellers rely on them when planning their transactions. Families who receive money from abroad also watch the rates closely, because they affect how much cedi value they receive. Businesses use the figures to price goods and to manage their foreign currency costs.
The Bank of Ghana publishes these rates every working day to promote transparency in the foreign exchange market. Regular updates help the public make informed financial decisions. They also give commercial banks a common reference point for their dealings.
It is important to note that these are interbank rates. Individual banks and forex bureaus may offer slightly different rates to customers, depending on their own margins and charges. Customers are therefore advised to compare rates before they trade.
The full details are available on the Bank of Ghana website at www.bog.gh. The bank also shares updates on its social media pages under the handle @thebankofghana.
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