Ghana cedi to dollar rates: Latest BoG exchange rates for August 21

• The Ghana cedi is trading at an average of GH¢11.10 to the US dollar based on the latest BoG reference rates.

• Reuters reports renewed pressure on the cedi as dollar demand from local corporates and offshore players outpaces supply.

• The latest BoG rates show the pound at GH¢15.1310, euro at GH¢12.9602, naira at GH¢121.5275 and rand at GH¢0.6885.

The BoG’s latest rates, covering transactions on August 20, 2026, put the US dollar at an average of GH¢11.1000, with a buying rate of GH¢11.0945 and a selling rate of GH¢11.1056.

The latest figures come as market sentiment around the cedi weakens, with traders expecting the currency to remain under pressure in the coming days.

Also Read: Ghana cedi to dollar rate: Latest BoG rates for August 19

According to a Reuters report on August 20, the cedi was expected to slide against the US dollar in the week ahead as corporate demand for foreign currency continued to outpace supply.

LSEG data cited by Reuters showed the cedi trading at GH¢11.00 to the dollar, compared with GH¢10.90 a week earlier.

Ronald Mensah, a trader at Stanbic Bank Ghana, said the cedi had come under renewed pressure from dollar demand from both local corporates and offshore players.

Also Read: Ghana cedi to dollar rate: Latest Bank of Ghana rates for August 18

“We expect dollar liquidity to stay thin, with the central bank's spot auctions still the main source of supply,” he said.

Another trader cited by the report said the results of the latest Bank of Ghana foreign exchange auction pointed to a build-up in dollar demand, with bids reaching $399 million against an allocation of $125 million.

The development will be closely watched by businesses, importers, travellers and other market participants as demand for foreign currency remains elevated.

Also Read: Ghana cedi to dollar rate: Latest BoG rates for August 17

Latest Bank of Ghana exchange rates: