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Ghanaian cedi to West African CFA franc Exchange Rate History - XTransfer

Ghanaian cedi to West African CFA franc Historical Exchange Rates

Welcome to the GHS to XOF exchange rate history page. This page contains detailed daily historical exchange rates between GHS and XOF from 2025-3-8 to 2026-05-21, making it easy to look up and reference.

Amount
Result

1 GHS = 48.9053 XOF

13:30 Exchange Rate

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1 Ghanaian cedi to West African CFA franc Historical Exchange Rate Trends

1 GHS = -- XOF

13:30 Exchange Rate

GHS - XOF+0%
7D
1M
3M
Invalid DateInvalid Date

1 Ghanaian cedi to West African CFA franc Data Statistics

This section organizes the historical exchange rate data of 1 GHS to XOF, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
49.1366
49.8914
50.6723
52.9082
Low
49.1366
49.1366
49.1366
49.1366
Average
49.1366
49.4413
49.8766
51.1037

Past 7 days historical exchange rates

Below are the daily average exchange rates of GHS to XOF for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of XOF to GHS, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

GHS to XOF - Last 7 Days

GHSGHSXOFXOF
2026-05-20
49.1366
GHSGHSXOFXOF
2026-05-19
49.2421
GHSGHSXOFXOF
2026-05-18
49.4204
GHSGHSXOFXOF
2026-05-17
49.3439
GHSGHSXOFXOF
2026-05-16
49.3439
GHSGHSXOFXOF
2026-05-15
49.4803
GHSGHSXOFXOF
2026-05-14
49.3703

XOF to GHS - Last 7 Days

XOFXOFGHSGHS
2026-05-20
0.0204
XOFXOFGHSGHS
2026-05-19
0.0203
XOFXOFGHSGHS
2026-05-18
0.0202
XOFXOFGHSGHS
2026-05-17
0.0203
XOFXOFGHSGHS
2026-05-16
0.0203
XOFXOFGHSGHS
2026-05-15
0.0202
XOFXOFGHSGHS
2026-05-14
0.0203

GHSGHS - Ghanaian Cedi

The Ghanaian cedi replaced the old cedi in 2007, marking a process of currency modernization. The stability of the cedi has supported Ghana's economic growth, especially in the agricultural and mining sectors, and the cedi plays a key role in the domestic economy.

  • Supporting unit:1 Sedi = 100 Pesewa
  • Denomination of banknotes:₵1, ₵2, ₵5, ₵10, ₵20, ₵50, ₵100, ₵200
  • Reserve currency:No, it is primarily used for domestic circulation.
  • Banknote material:Mixed cotton paper and polymer materials, featuring anti-counterfeiting holographic threads and watermarks.
  • Metal composition:Copper-clad steel, stainless steel, nickel alloy, etc.
  • Currency symbol:₵
  • Paper currency size:₵50 measures 146mm × 70mm, with slight variations in different denominations.
  • language:en
  • Main unit:Cedi
  • ISO code:GHS
  • Currency name:Ghana Sedi
  • Exchange Rate System:Freely floating exchange rate system
  • Central Bank:Bank of Ghana
  • Safe-haven currency:No, the currency value fluctuates significantly and does not have hedging properties.
  • Coin denomination:1, 5, 10, 20, 50 Pesos; ₵1, ₵2
  • Countries of Use:Ghana is the only country that uses a legal tender currency.
  • Cross-border payment:International transfers are conducted through the SWIFT network in conjunction with the domestic banking system; however, due to regional banking relationships, cross-border payments often require the involvement of intermediary banks.

XOFXOF - West African CFA Franc

The CFA franc has been used by the West African Economic and Monetary Union (WEAM) member states since 1945 and is pegged to the euro. The XOF provides monetary stability for West African countries, facilitates trade and investment flows, and is an important tool for economic integration in the region.

  • Supporting unit:No auxiliary currency units
  • Denomination of banknotes:500, 1000, 2000, 5000, 10000 Non-Lang
  • Reserve currency:No, the euro is the primary reserve currency.
  • Banknote material:Paper-based, featuring anti-counterfeiting characteristics.
  • Metal composition:Non-circulating coins
  • Currency symbol:CFA
  • Paper currency size:Approximately 140mm × 65mm
  • language:en
  • Main unit:
  • ISO code:XOF
  • Currency name:West African CFA franc
  • Exchange Rate System:Fixed exchange rate system (pegged to the euro)
  • Central Bank:Central Bank of West African States (BCEAO)
  • Safe-haven currency:No, regional currency.
  • Coin denomination:Non-circulating coins
  • Countries of Use:Members of the West African Economic and Monetary Union (including Senegal, Ivory Coast, Burkina Faso, etc.)
  • Cross-border payment:XOF is pegged to the Euro at a fixed exchange rate, with international settlements depending on the Euro and the SWIFT network, making cross-border payments relatively stable.

Major Currency Pairs of GHS

GHSGHS
ZMWZMW
GHSGHS
MADMAD
GHSGHS
CDFCDF
GHSGHS
ISKISK
GHSGHS
PLNPLN
GHSGHS
TZSTZS
GHSGHS
SZLSZL
GHSGHS
CZKCZK
GHSGHS
RUBRUB
GHSGHS
MYRMYR
GHSGHS
KWDKWD
GHSGHS
IDRIDR
GHSGHS
CNYCNY
GHSGHS
IQDIQD
GHSGHS
HTGHTG

FAQ

Based on the historical patterns of Ghanaian cedi to West African CFA franc, is now a good time to exchange?

To judge the timing for exchanging Ghanaian cedi to West African CFA franc, one must compare current rates with the average over the past year or even five years. If the current Ghanaian cedi rate is well above the historical average, it usually means GHS is in a strong period, making it a good window for settlement into XOF. Conversely, if Ghanaian cedi is at a historical low, it is recommended for exporters to hold GHS in batches and avoid the troughs to minimize losses when converting to XOF.

What are the main reasons affecting the historical volatility of GHS to XOF recently?

The core factor affecting the historical volatility of Ghanaian cedi to West African CFA franc recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of GHS tends to increase, leading to a significant rise in its historical exchange rate against XOF. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for GHS, thereby intensifying the frequency of two-way volatility between Ghanaian cedi and West African CFA franc.

Has GHS experienced a sharp plunge against XOF before? How can I protect myself?

Historically, Ghanaian cedi against West African CFA franc has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Ghanaian cedi exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of GHS to XOF within an acceptable trade cost range.

Is the current exchange rate of Ghanaian cedi to West African CFA franc considered a historical high or low?

To evaluate the current level of GHS to XOF, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Ghanaian cedi is approaching a historical resistance level. If the current GHS price has broken through highs from years ago, it indicates that GHS is at an extreme high; exchanging Ghanaian cedi to West African CFA franc now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Ghanaian cedi to West African CFA franc?

AI predictions for GHS to XOF are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of GHS through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Ghanaian cedi to West African CFA franc should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.