Can you still exchange old Ghana currency?

Can you still exchange old Ghana currency?

However, the old GH¢50 banknotes will continue to be exchanged at all banks and the Bank of Ghana. Banks are hereby directed to accept the old GH¢50 banknotes for exchange or deposit from the general public after authentication.

How much is $10000 in Ghana cedis?

Are you overpaying your bank?

Conversion rates US Dollar / Ghanaian Cedi
1000 USD 6175.00000 GHS
2000 USD 12350.00000 GHS
5000 USD 30875.00000 GHS
10000 USD 61750.00000 GHS

What is the highest note currency in Ghana?

Ghanaian cedi

Ghanaian cedi
pesewa Gp
Banknotes GH₵1, 2, 5, 10, 20, 50, 100, 200
Coins 1, 5, 10, 20, 50Gp, GH₵1, GH₵2
Demographics
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Which is stronger Naira or Cedi?

On areas of conversion the cedi is stronger than the naira. Currently 80naira = Ghc 1. However the fact is that Ghc1 in Ghana cannot buy anything meaningful but 80naira is a substantial amount in Nigeria than in Ghana. You can look at it this way – things are cheaper in Nigeria than Ghana.

Where can I change Ghana money?

Ghana’s old currency is being taken out of circulation, and will only be accepted at local banks in exchange for new currency.

Can you change currency at the bank?

Exchanging your money at a bank or a building society is one of the better ways to exchange money in terms of fewer and lower fees. However, some banks will not exchange your money if you are not a customer. You will need identification such as your passport to exchange or withdrawal money.

What currency is Ghana using now?

Ghana/Currencies

What is the fifty Ghana cedi note?

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The fifty Ghana cedi note has the characteristic feature of the Independence Arch and the portrait of the prominent Ghanaian leaders who had significant contribution in the struggle of independence. The differentiating factor of the fifty Cedi note is the Christianborg Castle and the seat of Government.

How much is 1 Ghanaian cedi worth in US dollars?

Since 2012 the cedi has declined from 1 USD = 1.932 GHS, to 1 USD = 3 GHS in 2014, to 1 USD = 3.96 GHS in 2016, and finally to 1 USD = 4.41 GHS today. The coins currently in circulation are the 5 pesewas, 10 pesewas, 20 pesewas, 50 pesewas, and 1 cedi.

What are the new notes in Ghana?

So far, the new notes come in denominations of 10 Cedis, 20 Cedis, and 50 Cedis. The notes already have better machine readability. The notes were set for use as from 6th May 2019. With compliance to the technological advancements, the government of Ghana through the Central Bank of Ghana made a directive to upgrade the Cedi notes in the country.

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What is the abbreviation for Ghanaian cedi?

The Ghanaian cedi (currency sign: GH₵; currency code: GHS) is the unit of currency of Ghana. It is the fourth historical and only current legal tender in the Republic of Ghana.