The Ghana cedi is showing sustained strength against major international currencies as it continues its recovery trajectory in early May 2025.
According to average rates across selected banks on Monday, May 6, the local currency is selling at GH₵13.82 to the US dollar and buying at GH₵13.32.
This marks a notable improvement compared to the end of April, when the cedi was selling at GH₵14.23 to the dollar.
The nearly 3% gain reflects growing investor confidence and the impact of tighter fiscal measures and Bank of Ghana interventions aimed at stabilizing the economy.
