Ghana's national currency, the cedi, depreciated by 9.5% against the US dollar on the interbank market during the first nine months of 2026, according to data from the Bank of Ghana. As of September 2026, one US dollar was equivalent to 11.55 Ghanaian cedis.
The depreciation reflects ongoing pressure on the local currency, which has been volatile in recent years. The Bank of Ghana has implemented various monetary policies to stabilize the exchange rate, including adjustments to the policy rate and foreign exchange interventions.
According to MyJoyOnline, the cedi's performance in 2026 follows a trend of depreciation observed in previous years. The central bank continues to monitor economic indicators and may take further measures to support the currency.
As of the latest available data, the exchange rate stands at 11.55 cedis per dollar, marking a 9.5% decline since the start of the year. The Bank of Ghana has not yet issued a statement regarding the recent depreciation.
