Currency News Report – Week 52 [December 29, 2025]

The Ghanaian Cedi opened strongly this week, extending last week’s gains and remaining on track to record its best year-end performance in recent memory. The Cedi’s impressive comeback, after weeks of shedding a significant portion of its recent gains, comes on the back of improved supply, as the central bank intervened in the market to meet the rise in demand for forex during the yuletide.

The increase in forex supply was supported by an upsurge in remittance inflow from Ghanaians living abroad, as well as the receipt of funds from the International Monetary Fund, following the receipt of USD 380 million, the fifth of such receipts under Ghana’s Extended Credit Facility programme with the Fund. It is expected that the Cedi’s strong path will continue into the coming year.

 

Bank of Ghana Inter-Bank Rates

	Current	Previous	w-o-w Change	w-o-w % Change	YTD
USD	10.6553	11.4257	-0.77	6.74	27.55%
GBP	14.3847	15.3687	-0.98	6.40	21.06%
EUR	12.5510	13.4401	-0.89	6.62	17.18%

On the Bank of Ghana (BoG) inter-bank trading platform, the Cedi gained across the board against the Dollar, the Pound, and the Euro as it added to last week’s gains.

 

Open Forex Market Rates (oanda.com)

	Current	Previous	w-o-w Change	w-o-w % Change	YTD
USD	11.1052	11.4878	-0.38	3.33	-22.69%
GBP	14.9902	15.4302	-0.44	2.85	-21.10%
EUR	13.0715	13.4864	-0.41	3.08	-15.78%

On the Open Forex Market (oanda.com), the Cedi rose to build on last week’s gains against the Dollar and the Euro. Against the Pound, it rose by 2.85% to recover from last week’s 0.30% depreciation.

The Cedi was quoted at GHC 14.7074 on the first trading day of the year against the Dollar and is currently being sold at GHS 10.6553, indicating a Year-to-Date (YTD) gain of 27.74% on the BoG inter-bank trading platform. It is also presently being quoted at GHS 11.1052 on the Open Forex Market (oanda.com) after opening the year at GHS 14.7134, indicating a YTD gain of 24.52%.