Is my exchange rate fair?

How it works

Banks and forex bureaus quote two rates. The selling rate is what they charge you for a currency; the buying rate is what they pay you for it. When you buy dollars, compare the selling rate; when you sell dollars, compare the buying rate.

The typical rate is the median across the banks, bureaus and fintechs that updated their rates in the last three days, collected by CediRates. The best-rates list leaves out providers that have not updated recently and any rate far from the rest, so one mistyped board cannot top it.

Sources: CediRates, exchangerate-api.com

Questions people ask

What is a fair dollar rate in Ghana today?

As of 1 Oct 2026, the typical rate to buy one US dollar at Ghana's banks and bureaus is GH₵12.10, and to sell one is GH₵11.43. A quote close to these, or better, is fair.

Why is my quote different from the rate I saw online?

Rates online are usually the mid-market rate, which banks trade at among themselves. A bank or bureau serving customers sells above it and buys below it, and some add a fee on top of the rate.

Which banks and bureaus are compared?

Those that post their rates on CediRates, which collects the boards of Ghana's banks, forex bureaus and money-transfer fintechs. Every provider's rate is in the cedi_market_rates dataset.