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 24, 2011.

GHANA CEDI EQUIVALENT OF CURRENCY

CURRENCY BUYING SELLING
US Dollar 1.4898 1.5218
Pound Sterling 2.4030 2.4551
Swiss Franc 1.6884 1.7236
Australian Dollar 1.5711 1.6064
Canadian Dollar 1.5254 1.5576
Danish Kroner 0.2810 0.2869
Japanese Yen 0.0182 0.0186
New Zealand Dollar 1.1854 1.2121
Norwegian Kroner 0.2669 0.2724
Swedish Kroner 0.2348 0.2397
South Africa Rand 0.2131 0.2166
Euro 2.0949 2.1392

CURRENCY EQUIVALENT OF GHANA CEDI

CFA 306.64 313.12
Dalasi 20.14 20.57
Ouguiya 189.42 193.49
Naira 112.88 115.31
Leone 2,884.18 2,946.13
WAUA 0.4711