The Ghanaian cedi has recorded its strongest first 120-day performance against the US dollar under the current administration of President John Dramani Mahama, ranking top among all presidential transitions since the cedi was redenominated in 2007.
A comparative analysis by JoyNews Research reveals that from January 7 to May 7, 2025, the cedi appreciated by 9.25%, moving from GH¢14.71 to GH¢13.35 per dollar.
This marks the sharpest early-term gain for any president in over 15 years, overtaking performances under Presidents Atta Mills, Akufo-Addo, and Mahama's own previous tenure.
Nonetheless, former President Akufo-Addo remains the only leader to have recorded a cedi appreciation during the first 120 days of both his terms since the redenomination.
