HomeExchange RateCedis To Naira Exchange Rate Today - November 2023

Cedis To Naira Exchange Rate Today – November 2023

We update this post every day to give you the accurate day-to-day exchange rate and fluctuations of the Ghana Cedis to Naira as well as the black market rate.

Cedis to Naira Black Market Rate

  • Buying @1 Cedis = 65.00 Naira
  • Selling @1 Cedis = 68.00 Naira

Naira to Cedis Black Market Rate

  • Buying @ 1 Naira = 0.015 Cedis
  • Selling @1 Naira 0.014 Cedis

FX Rates GHS to NGN

  • GHS to NGN: 30 NGN
  • NGN to GHS: 0.03 GHS

The Ghanaian Cedis is one currency that is very similar to the Naira in terms of fluctuation. The Cedis to Naira exchange rates we have here is only applicable on the very day and time it was last updated. The rates may not be exact depending on your exchange vendor or instutution.

Historical Ghanaian Cedis

The meaning of Ghana is a “Warrior King.” Before the British colonized them, they were divided into several Alan kingdoms which included; the Akwamu, Akyem, Bonoman, Ashanti Empire, Denkyira, and Fante. Non-Akan states where created by Ga and those by Dagomba also existed.

Before Ghana’s independence, the West African Currency Board (WACB), was vested with the responsibility of overseeing the issue of Currency in Ghana.

The West African Pound and Shillings were the Currency in Ghana until July 1958.

After Ghana attained its Independence from British Rule, the Bank of Ghana was made the new Monetary Authority, superseding the WACB, and commenced the issuing of its currency in the form of Ghana Pounds, Shillings, and Pence in July 1958.

In the year 1965, Ghana did away with the British Colonial Monetary System totally and adopted the Decimal system.

The “Cedi” notes and coins were introduced into circulation in July 1965 which replaced the Ghana Pounds, Shillings, and Pence.

The Bank of Ghana which is the Central Bank of Ghana came into existence in 1957.

The precursor to the Ghanian Central Bank was the Bank of the Gold Coast.

With Independence from British Rule, the concept of a Central Bank gained currency, and in the year 1955, Select Committee was set up by the Government, for giving recommendations full setting up a Central Bank.

The Bank of Gold Coast was transformed into Central Bank in 1956 and commenced operations in a modern five-story building which then houses both the Bank of Ghana and the Ghana Commercial Bank.

The Ghana Cedi

The Ghana “Cedi” is currently the unit of the currency of Ghana.
The Cedi is derived from the word called “Sedie,” which means a “cowrie shell” It is an “Akan” word, and represents “shell money.”

“Cowrie” or “Cowry” shells were once a kind of currency used in Ghana which had full acceptability and circulation, particularly, in the latter part of the nineteenth century.

One Ghana “Cedi” is divided into a hundred Ghana “pesewas.”

Ghana has also issued many coins in the past in the “Sika” denomination.


Related tags: cedis to naira exchange rate, naira to cedi, ghana currency, ghana currency to naira, 1 ghana cedis to naira, 10000 cedis to naira, one cedis to naira, convert 1 cedis to naira, ghana currency to Nigeria, cedis to naira black market, how much is 100 naira in ghana cedis.

We are a group of niche-specialized writers. We research for first class information and report it on techorganism.com. Most of the articles we display here are on business, technology, investment, banking and any other information we expect to be relevant to this blog.


  1. Hello. Please, am a Nigerian living in Nigeria but with a business in Ghana. the business isn’t registered there so i can’t get a momo line and hence the need for an agent but my agents have been giving me a N70 to 1gh rate and seeing the current exchange rate here at N98, it begs the question, am i being cheated or the black market rates vary at that margin in different places?


Please enter your comment!
Please enter your name here

Most Popular

error: Alert: Content selection is disabled!!