The following is the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi, as issued by the Ghana Association of Bankers on Tuesday, May 3, 2011.

GHANA CEDI EQUIVALENT OF CURRENCY

CURRENCY BUYING SELLING
US Dollar 1.4930 1.5277
Pound Sterling 2.4727 2.5306
Swiss Franc 1.7245 1.7633
Australian Dollar 1.6226 1.6619
Canadian Dollar 1.5709 1.6065
Danish Kroner 0.2959 0.3024
Japanese Yen 0.0184 0.0188
New Zealand Dollar 1.1975 1.2266
Norwegian Kroner 0.2834 0.2897
Swedish Kroner 0.2470 0.2526
South Africa Rand 0.2250 0.2300
Euro 2.2056 2.2559

CURRENCY EQUIVALENT OF GHANA CEDI

CFA 290.78 297.40
Dalasi 20.11 20.57
Ouguiya 189.09 193.49
Naira 112.69 115.31
Leone 2,879.22 2,946.13
WAUA 0.4697