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 17, 2011.

GHANA CEDI EQUIVALENT OF CURRENCY

CURRENCY BUYING SELLING
US Dollar 1.4900 1.5242
Pound Sterling 2.4205 2.4765
Swiss Franc 1.6809 1.7192
Australian Dollar 1.5782 1.6154
Canadian Dollar 1.5296 1.5646
Danish Kroner 0.2830 0.2894
Japanese Yen 0.0183 0.0187
New Zealand Dollar 1.1635 1.1910
Norwegian Kroner 0.2668 0.2727
Swedish Kroner 0.2343 0.2397
South Africa Rand 0.2133 0.2179
Euro 2.1096 2.1578

CURRENCY EQUIVALENT OF GHANA CEDI

CFA 303.99 310.95
Dalasi 20.11 20.57
Ouguiya 189.15 193.49
Naira 112.72 115.31
Leone 2,880.03 2,946.13
WAUA 0.4707