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 Friday, May 6, 2011.

GHANA CEDI EQUIVALENT OF CURRENCY

CURRENCY BUYING SELLING
US Dollar 1.4911 1.5253
Pound Sterling 2.4432 2.4995
Swiss Franc 1.7084 1.7473
Australian Dollar 1.5917 1.6292
Canadian Dollar 1.5444 1.5794
Danish Kroner 0.2909 0.2972
Japanese Yen 0.0186 0.0190
New Zealand Dollar 1.1739 1.2015
Norwegian Kroner 0.2723 0.2785
Swedish Kroner 0.2403 0.2458
South Africa Rand 0.2212 0.2260
Euro 2.1671 2.2169

CURRENCY EQUIVALENT OF GHANA CEDI

CFA 295.89 302.69
Dalasi 20.11 20.57
Ouguiya 189.15 193.49
Naira 112.72 115.31
Leone 2,880.08 2,946.13
WAUA 0.4707