Bank Of Ghana Releases Daily Exchange Rates For October 21 2026

The Bank of Ghana has released its daily exchange rates for Wednesday, October 21, indicating the cedi’s trading levels against major international currencies, including the US dollar, British pound sterling and euro.

The published figures are based on average interbank exchange rates recorded at the close of business on Tuesday, October 20, 2026. These rates provide an important reference for financial institutions, businesses and individuals who rely on foreign currencies for their daily transactions.

The US dollar was quoted at a buying rate of GH¢11.6000 and a selling rate of GH¢11.6116. The British pound sterling recorded a buying rate of GH¢15.5104 and a selling rate of GH¢15.5270, while the euro traded at GH¢13.0252 for buying and GH¢13.0370 for selling.

The figures show relatively small differences between the buying and selling rates of the three currencies. The dollar recorded a difference of GH¢0.0116, while the pound and euro posted spreads of GH¢0.0166 and GH¢0.0118, respectively.

These exchange rates are important for various sectors of the Ghanaian economy. Importers use them to estimate the cost of purchasing goods from international markets, while exporters rely on them to assess the value of their foreign currency earnings. Students paying tuition abroad and families receiving remittances may also be affected by changes in exchange rates.

Currency stability can contribute to predictable import costs, business planning and inflation management. Since Ghana depends on imported goods and industrial materials, fluctuations in foreign exchange rates can influence the prices of products and services in the domestic market.

The Bank of Ghana publishes daily exchange rates to provide market participants with information about foreign currency trading. However, the published interbank rates serve as benchmarks, meaning the actual rates offered to customers may vary among commercial banks and other foreign exchange providers.

Businesses and individuals are encouraged to check the latest exchange rates before undertaking significant foreign currency transactions. Continued monitoring of these figures can help market participants make informed financial decisions.

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