Forex Zambia
1 USD = 11.5673 GHS
Indicative rate, updated 7 hours ago. Not a live dealing rate - confirm with your broker before trading.
A live technical-analysis reading for USD/GHS, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.
USD/GHS tracks the US Dollar against the Ghanaian Cedi, driven mainly by gold and cocoa export earnings and Bank of Ghana policy. As a fellow African currency, its moves are a useful comparison point for how the Kwacha is performing against similar economies.
Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.
Latest
11.5953
25 Sep 2026
Highest since Mar 2024
16.3747
13 Nov 2024
Lowest since Mar 2024
10.2445
4 Jun 2025
12-month average
11.2306
10.4896 – 12.4972
Over the past year USD/GHS has fallen 5.74%, meaning the USD has weakened against the GHS. In the last 30 days it has moved up 3.79%. Across the last 12 months it traded between 10.4896 and 12.4972. Its highest level in the data window (since March 2024) was 16.3747 on 13 Nov 2024, and its lowest was 10.2445 on 4 Jun 2025.
Based on weekly data from 6 Mar 2024 to 25 Sep 2026. Source: Weekly rate snapshots (currency-api). A rising rate means the USD is strengthening against the GHS. Past performance does not predict future results.
A pair's price is one currency's value measured against another, so the economy behind each side matters.
United States · Federal Reserve (Fed) · Free float
The US Dollar is the world's dominant reserve and trading currency. It sits on one side of roughly nine in ten forex trades, and most commodities, including copper, are priced in it.
Ghana · Bank of Ghana (BoG) · Managed float
The Cedi is the currency of Africa's largest gold producer and a major cocoa and oil exporter. It is highly sensitive to commodity earnings and to sovereign-debt developments.
The US Dollar is a traditional safe haven. In periods of market stress, investors tend to move money into it, which often pushes it higher against the Ghanaian Cedi even when local economic data is unchanged. Because the Ghanaian Cedi tends to do well when investors are optimistic, USD/GHS is widely watched as a barometer of global risk appetite.
The Ghanaian Cedi is an emerging or frontier-market currency. Compared with a major reserve currency, its market is thinner, so shifts in global risk appetite, Dollar liquidity and capital flows can move it faster and further than fundamentals alone would suggest.
Central-bank policy matters on both sides: the Federal Reserve (Fed) and the Bank of Ghana (BoG). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.
Typically rises with the Dollar
Usually moves inversely to the Dollar
Risk-off episodes tend to boost the Dollar
Usually supports the Cedi
A major export earner
2008 USD
The global financial crisis triggered a surge in safe-haven Dollar demand.
2014–15 USD
The Fed signalled tighter policy while other central banks eased, driving a powerful Dollar rally.
2020 USD
In March 2020 a global "dash for Dollars" sent the currency sharply higher before the Fed flooded markets with liquidity.
2022 USD
The fastest Fed hiking cycle in decades pushed the Dollar to a roughly 20-year high, including parity with the Euro.
2022 GHS
The Cedi was among the world's worst-performing currencies as Ghana entered debt distress and defaulted.
2023–24 GHS
An IMF programme and debt restructuring gradually stabilised sentiment.
As a fellow African currency, USD/GHS is a useful yardstick for how the Kwacha is performing against regional economies. It also matters for cross-border trade in Southern and East Africa.
Compare brokers offering these pairs →Most active: New York session (and the London–New York overlap) • Accra business hours and the London session
1 USD is worth about 11.5673 GHS (indicative, updated 7 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.
In the data we track (since 6 Mar 2024), USD/GHS peaked at 16.3747 on 13 Nov 2024 and bottomed at 10.2445 on 4 Jun 2025.
USD/GHS is influenced by the relative strength of the US Dollar and the Ghanaian Cedi. Key factors include: Federal Reserve interest-rate policy, US inflation and jobs data, Gold, cocoa and oil prices, Debt restructuring and IMF programme. See the sections above for the full list.
Activity and liquidity are typically highest during: New York session (and the London–New York overlap) • Accra business hours and the London session. Spreads are usually tighter when the relevant markets are open.
USD/GHS can be more volatile or carry wider spreads than the major pairs, so it usually suits experienced traders better. If you are new, start with a demo account and a major pair. Trading forex carries a high risk of loss.
This page is educational and is not investment advice. Rates, statistics and commentary are indicative and may contain errors or be out of date. Forex and CFD trading carries a high risk of loss.