Bank of Ghana Releases Daily Exchange Rates for Friday, October 16, 2026

Story by: Regina Bless

The Bank of Ghana has released its daily exchange rates for Friday, October 16, 2026, providing an indication of the value of the Ghana cedi against major international currencies.

According to the figures published by the Central Bank, the US dollar is being bought at GH¢11.6442 and sold at GH¢11.6558.

The British pound sterling is quoted at a buying rate of GH¢15.4320 and a selling rate of GH¢15.4486, while the euro is being bought at GH¢13.0459 and sold at GH¢13.0600.

The rates are based on average interbank rates used by commercial banks for transactions at the close of business on Thursday, October 15, 2026.

Under the published rates, the British pound has the highest value against the cedi among the three currencies listed, followed by the euro and the US dollar.

The buying rate refers to the rate at which a bank buys foreign currency, while the selling rate is the rate at which it sells foreign currency to customers. Actual rates offered by banks and forex bureaux may differ.

The exchange rates are important for businesses involved in international trade, importers, exporters, travellers and individuals who send or receive money from abroad, as currency movements can affect the cost of goods, services and international transactions.

Customers are advised to confirm the applicable rates with their banks or authorised foreign exchange providers before conducting transactions.