Bank of Ghana exchange rates: What you need to know

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Bank of Ghana offers a convenient way to buy a multitude of different currencies. However, foreign exchange rates represent a major pricing point and there is often little clarity around them. We researched Bank of Ghana’s travel money exchange rates to provide you a table showcasing their currency rate spread. Hopefully we can help you save money on your holidays.

Bank of Ghana exchange rates: Information and tips

Know the latest interbank exchange rate for your currency pairs

The interbank rate (also called mid-market rate) is the midpoint between the buy price and sell price of two currencies on the currency markets. Bank of Ghana does not offer the interbank rate but instead adds a margin to it, which makes the foreign currency transaction more expensive for you. Before using Bank of Ghana for your travel money needs, make sure to know the current interbank exchange rate. That way, you’ll be able to calculate FX losses on the currency conversion. You can find the latest interbank rates using our currency converter.

How to calculate exchange rate loss

Here’s what you need to do in order to determine how much Bank of Ghana’s travel money exchange rate spread is going to cost you:

  1. Find the current interbank rate for your currencies using our currency converter
  2. Multiply your original amount by the current interbank rate
  3. Multiply your original amount by the exchange rate Bank of Ghana offers
  4. Subtract the first amount from the second amount
  5. This is the amount you’ll lose through currency conversion with Bank of Ghana

Order your currency online and in advance

Ordering your foreign currency before your trip allows you to compare with rates and fees of other providers. Ordering it online also is usually much cheaper than buying currency at the airport or on arrival to your holiday destination. Make sure to always compare exchange rates before finalising an order.


For the best exchange rates, we highly recommend TransferWise. Enjoy your first transfer for free on transfers up to £500.

Bank of Ghana exchange rate research

The exchange rate spreads below are for ordering foreign currency online. Rates on other services might differ. Those exchange rate margins are indicative at the time of research. Use the Bank of Ghana currency converter or visit the nearest branch to get the latest rates.

Currency ISO Code Exchange Rate Mid-Market Rate Exchange Rate Margin / Loss
U.S Dollar USD 4.7869 4.88644 2.04%
Pound Sterling GBP 6.2431 6.31304 1.11%
Swiss Franc CHF 4.7563 4.8558 2.05%
Australian Dollar AUD 3.4655 3.5265 1.73%
Canadian Dollar CAD 3.6286 3.70047 1.94%
Danish Kroner DKK 0.7278 0.74145 1.84%
Japanese Yen JPY 0.042 0.04296 2.23%
New Zealand Dollar NZD 3.2302 3.28849 1.77%
Norwegian Kroner NOK 0.5683 0.57905 1.86%
Swedish Kroner SEK 0.5284 0.53778 1.74%
South African Rand ZAR 0.3355 0.34059 1.49%
Euro EUR 5.4302 5.53077 1.82%
Chinese Reminbi CNY 0.6885 0.70239 1.98%

Bank of Ghana’s exchange rate was collected from Bank of Ghana’s website on 11/11/2018. Interbank rates collected from on 11/11/2018. The information displayed on this site is subject to change at any time and we do not guarantee 100% accuracy of the information.
For the today’s rates, visit Bank of Ghana’s website, contact Bank of Ghana’s customer support or log into your online banking and search for their exchange rate calculator. is not liable for any financial decisions based on the above information. is supported by referral compensations by some of the companies listed in our articles.

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