Understanding Currency Pairs || Using BOG Data || 10 06 2026|

Many people get confused when discussing exchange rates between the Ghana Cedi (GHS) and Foreign Currency (USD/GBP /EUR…..).

The rule is simple: the BASE currency comes first.

 If the Ghana Cedi (GHS) is your base currency and you want to know how many US Dollars it can buy, write:

GHS/USD (GHS to USD)

Example:

• 1 GHS = ? USD

• 1 GHS = ? GBP

• 1 GHS = ? EUR

 If the Foreign Currency (USD/GBP/EUR) is your base currency and you want to know how many Ghana Cedis it can buy, write:

USD/GHS (USD to GHS)

Example:

• 1 USD = ? GHS

• 1 GBP = ? GHS

• 1 EUR = ? GHS

Remember:

• GHS/USD = Ghana Cedi is the base currency.

• USD/GHS = US Dollar is the base currency.

In foreign exchange (Forex), the first currency in the pair is always the base currency, while the second currency is the quote currency.

Note: These rates were recalculated using data published by BOG on 10 06 2026