How much is the British Pound to Cedi exchange rate today black market 2020 – The Ghana Cedi to Pounds Sterling exchange rate though pegged at an official rate of GHC7.2 per £1 had been at what could be described as freefall in the black market.
Foreign currency exchange rates are not stable and one would need to check for updates frequently as changes occur. The GBP to Cedi exchange rate today is GHC7.2 is equivalent to £1.
British Pound To Ghana Cedi Exchange Rate Today
Official Bank of Ghana exchange rate today is GHC7.2 to 1 Pound. However, if you are buying from the black market, expect to buy between GHC7.4/7.6 to 1£.
Buying => 1 GBP to GHS = 7.2290
Selling => 1 GBP to GHS = 7.2385
Though in recent days it has been fluctuating, currently at the rate above.
The Ghana Cedi (GHS)
|Sub-Unit:||1 GH₵ = 100 pesewa|
The cedi is the unit of currency of Ghana. The word cedi is derived from the Akan word for cowry shell which was once used in Ghana as a form of currency. One Ghana cedi is divided into one hundred pesewas (Gp). A number of Ghanaian coins have also been issued in Sika denomination and may have no legal tender status.
The Great Britain Pound (GBP)
|Sub-Unit:||1 Pound= 100 pence|
The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland. The pound sterling is the fourth most-traded currency in the foreign exchange market. It’s known locally as a quid.