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USD USD GHS GHS Rate as of2026-05-18

USD to GHS Converter.

Current rate

1 USD = 15.8 GHS as of 2026-05-18. USD-GHS reflects Ghana's tumultuous five-year journey through sovereign debt default, IMF program, and partial recovery. The cedi collapsed from ~5.7/USD in 2021 to a peak of ~16/USD in late 2022 as Ghana defaulted on its external debt in December 2022 and entered an IMF Extended Credit Facility ($3B) in May 2023 alongside G20 Common Framework debt restructuring with bilateral creditors. Since the IMF program began, the cedi has actually been one of Africa's better-performing currencies in 2024-25 — debt restructuring concluded with bilateral creditors in mid-2024 and with private bondholders in late 2024.

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USDGHS Converter

$
🇺🇸 $1.00 = 🇬🇭
GHS 15.80
Rate: 1 USD = 15.8000 GHS
Common conversions
🇺🇸 USD🇬🇭 GHS
$1.00GHS 15.80
$10.00GHS 158.00
$100.00GHS 1,580.00
$500.00GHS 7,900.00
$1,000.00GHS 15,800.00
$5,000.00GHS 79,000.00
$10,000.00GHS 158,000.00
$50,000.00GHS 790,000.00
$100,000.00GHS 1,580,000.00
✨ Mid-market rate · as of 2026-05-18 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
15.8
1 USD = GHS
1 year ago
14.9
↑ 6.0% in 12 months
5 years ago
5.7
↑ 177.2% in 5 years
🔢 Quick reference

USD to GHS conversion table.

Common US Dollar amounts converted to Ghana Cedi at today's rate of 1 USD = 15.8 GHS. The reverse holds too: 1 GHS = 0.0633 USD.

USD → GHS
1 USD 15.8 GHS
5 USD 79 GHS
10 USD 158 GHS
25 USD 395 GHS
50 USD 790 GHS
100 USD 1,580 GHS
500 USD 7,900 GHS
1,000 USD 15,800 GHS
5,000 USD 79,000 GHS
10,000 USD 158,000 GHS
GHS → USD
1 GHS 0.0633 USD
5 GHS 0.3165 USD
10 GHS 0.6329 USD
25 GHS 1.58 USD
50 GHS 3.16 USD
100 GHS 6.33 USD
500 GHS 31.65 USD
1,000 GHS 63.29 USD
5,000 GHS 316.46 USD
10,000 GHS 632.91 USD
💡 About this corridor

Why people convert USD to GHS.

The USD/GHS corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Ghana Cedi side, demand comes from gold/cocoa exports, diaspora remittances, and post-2022 IMF program. Because both sides see steady two-way flow, USD/GHS is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the US Dollar has moved up 6.0% against the Ghana Cedi, and over five years it has strengthened about 177.2% (from 5.7 to 15.8). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Ghana Cedi you receive by a meaningful margin.

Getting the best USD → GHS rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-18 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to GHS FAQ.

Why did Ghana default on its sovereign debt in December 2022?
Compound crisis. Pre-COVID, Ghana had accumulated rapid Eurobond debt during the 2017-2021 commodity boom — debt-to-GDP rose from 50% to 85%+. COVID stimulus, energy subsidy costs, and rising US interest rates (which hiked dollar debt service) all hit simultaneously through 2022. Inflation spiked to 54%, the cedi lost 60% of value, and reserves fell below 1 month of imports. Default became the only option, and Ghana entered the G20 Common Framework restructuring alongside the IMF ECF in May 2023.
Has the Ghanaian cedi actually recovered in 2024-25?
Yes, more than headline rate suggests. While USD-GHS is at 15.8 vs the 2022 peak of ~16, real-effective-exchange-rate measures show genuine cedi recovery as Ghana's inflation has fallen back to ~8-10% from 54% peak. The cedi was Africa's best-performing currency in 2024 (appreciating against most regional peers), supported by gold/cocoa export surges, IMF program disbursements, and successful debt restructuring conclusion. Markets see continued gradual cedi appreciation through 2026-27 if IMF program execution stays on track.
Best way to send USD to Ghana for remittance or business?
For diaspora remittance to family: Sendwave, WorldRemit, and Remitly all support GHS with competitive rates post-stabilization (~1.5% all-in cost). MoMo (MTN Mobile Money) integration with these services means recipients can receive funds directly to mobile wallet rather than bank account. For business and import financing: Ecobank, Standard Chartered Ghana, and GCB offer USD-GHS treasury rates on amounts above $25K. The parallel-market premium that existed in 2022-23 has largely disappeared since IMF program disbursements stabilized FX availability.