Dollar holders looking to convert their funds into cedis have a range of options across Ghana’s commercial banks. Rates differ slightly from bank to bank, but those small differences can add up, especially for larger transactions.
At the moment, a few banks stand out by offering stronger selling rates, meaning you’ll receive more cedis for every dollar you sell. UMB currently tops the list, offering GHS 10.85 per dollar, followed closely by Stanbic and FirstBank at GHS 10.80.
Here are the top 10 banks with the most competitive dollar-to-cedi selling rates:
| Bank | Selling Rate (GHS/USD) |
|---|---|
| UMB | 10.85 |
| Stanbic | 10.80 |
| FirstBank | 10.80 |
| Republic Bank | 10.76 |
| Ecobank | 10.75 |
| Zenith Bank | 10.72 |
| Fidelity Bank | 10.70 |
| Access Bank | 10.70 |
| SG Bank | 10.70 |
| ADB | 10.70 |
The rates offer a snapshot of how banks are currently pricing the dollar across the market. While some rates appear more competitive than others, choices often depend on more than just the figures, with considerations like convenience, transaction speed, and customer service also playing a role.
