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BoG Releases Exchange Rate For April 2025 - Check For Dollar, Pound And Euro
May 6, 2025
On Wednesday, April 2, 2025, the Bank of Ghana has set the official exchange rates that will guide currency transactions for businesses and commercial banks.
The central bank's most recent update includes the following exchange rates for major currencies:
US Dollar (USD):
Buying rate: GHS 15.5222
Selling rate: GHS 15.5378
British Pound Sterling (GBP):
Buying rate: GHS 20.0842
Selling rate: GHS 20.1059
Euro (EUR):
Buying rate: GHS 16.7984
Selling rate: GHS 16.8151
These rates are calculated based on the average interbank exchange rates at the close of business on Friday, March 28, 2025.
The fluctuation of exchange rates is vital for international trade, foreign investment, and economic planning. Businesses involved in exports and imports monitor these rates to make adjustments to their pricing structures. Individuals who send or receive money across borders are also impacted by these rates when making financial decisions.
The Bank of Ghana regularly updates these exchange rates to provide transparency and reflect the current market conditions. It is essential for businesses, travelers, and investors to stay informed and check the most recent rates before engaging in foreign currency exchanges.
The Bank of Ghana advises individuals to verify exchange rates directly with their banks, as there may be slight variations between financial institutions due to factors such as transaction fees.
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