Ghana Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Ghana's exchange rate was 15.69 in 2025, ranked 96th globally. This represents a 10.6% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Ghana's exchange rate stood at 15.69 in 2025, a rise of +1.51 from 2024. Based on recent trends, this figure is projected to reach 15.69 by 2025. Ghana ranked 96th globally.
Ghana’s exchange rate has risen dramatically over the 66‑year series, reaching an all‑time peak of 15.69 local currency units per US dollar in 2025, the highest level recorded since the earliest observation in 1960 when the rate was effectively zero. The steep appreciation follows a prolonged depreciation that began in the mid‑1960s, culminating in the 2025 figure that places Ghana 96th in the global ranking. By comparison, peer economies with similar rankings such as Mexico (16.93) and the Maldives (15.39) exhibit slightly higher and lower rates respectively, underscoring Ghana’s relative position near the median of the distribution. The trajectory reflects a combination of fiscal pressures, external debt servicing demands and commodity price volatility that have constrained foreign exchange supplies. Continued diversification of exports and prudent macro‑policy adjustments could moderate further depreciation, while renewed capital inflows would be needed to reverse the upward trend in the local currency’s price.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 20.17 | - | - |
| 2026* trend | 17.93 | - | - |
| 2025* trend | 15.69 | - | - |
| 2025 | 15.69 | +1.51 | #96 |
| 2024 | 14.18 | +3.16 | #108 |
| 2023 | 11.02 | +2.75 | #106 |
| 2022 | 8.27 | +2.47 | #102 |
| 2021 | 5.81 | +0.21 | #91 |
| 2020 | 5.60 | +0.38 | #90 |
| 2019 | 5.22 | +0.63 | #90 |
| 2018 | 4.59 | +0.23 | #90 |
| 2017 | 4.35 | +0.44 | #91 |
| 2016 | 3.91 | +0.20 | #88 |
| 2015 | 3.71 | +0.82 | #88 |
| 2014 | 2.90 | +0.92 | #84 |
| 2013 | 1.98 | +0.16 | #71 |
| 2012 | 1.82 | +0.30 | #71 |
| 2011 | 1.52 | +0.09 | #64 |
Detected Pattern
Analysis
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Ghana's exchange rate was 15.69 in 2025. Ranked 96th globally. This represents a 10.6% increase from the previous year.
Ghana's exchange rate peaked at 15.69 in 2025.
The lowest exchange rate in Ghana was 0.00 in 1960.
Ghana ranks 96th globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Ghana's exchange rate is projected to reach 15.69 by 2025 based on trend extrapolation.
The exchange rate of Ghana in 2025 was 15.69. This ranks 96th in the world.
Cite this page
@misc{historysaid_ghana_exchange-rate,
title = {Ghana Exchange Rate},
url = {https://historysaid.com/ghana/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}