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| Currency |
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Cedi (GHC; symbol ¢) = 100 pesewas. Notes are in denominations of ¢20,000, 10,000, 5,000, 2,000 and 1,000. Coins are in denominations
of ¢200, 100, 50, 20 and 10 and 500, 200, 100 and 50 pesewas. The Cedi is pegged to the US Dollar at an adjustable rate.
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| Currency Exchange |
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The exchange rate system has been liberalised and foreign currency is freely available through authorised dealers including
banks and foreign exchange bureaux. Cash is exchanged at a more preferential rate than traveller’s cheques.
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| Credit/Debit Cards and ATMs |
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Credit cards (mainly American Express, Mastercard, Diners Club and Visa) are accepted by leading hotels, restaurants, banks,
businesses and some shops. Some banks may give cash advances against leading cards. However, those using credit cards should
be aware that credit card fraud is common. In large urban areas such as Accra and Kumasi ATMs are commonplace.
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| Traveller's Cheques |
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To avoid additional exchange rate charges, travellers are advised to take traveller’s cheques in US Dollars or Pounds Sterling.
Traveller’s cheques can be exchanged in large hotels, banks and foreign exchange bureaux.
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| Banking Hours |
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Mon-Thurs 0800-1400; Fri 0800-1500.
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| Exchange Rate Indicators |
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| Date |
Apr 07 |
| £1.00= |
¢18,259.04 |
| $1.00= |
¢9,255.00 |
| Eur;1.00= |
¢12,351.66 |
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