Ghana Association of Bankers releases Exchange Rates

Accra (Greater Accra Region) 7 Oct. 1998

The Ghana Association of Bankers (GAB) on Wednesday 7th October 1998, released the following average inter-bank exchange rates of the cedi as against the major foreign currencies.

Currency Buying Selling

US Dollar 2,309.91 2,339.00 Cedis Pound Sterling 3,879.49 3,930.69 " French Franc 423.09 428.42 " Swiss Franc 1,725.91 1,746.58 " Deutsche Mark 1,418.41 1,436.60 " Canadian Dollar 1,499.15 1,517.29 " Japanese Yen 17.96 18.19 " Dutch Guilder 1,258.15 1,273.88 " Rand 387.36 391.00 " CFA Franc 4.23 4.28 " Naira 27.73 28.08 " GRi