Exchange Rates

The Ghana Association of Bankers (GAB), on Tuesday February 6, 2001, released the following average inter bank exchange rates of the cedi equivalent to the dollar and derived rates for other major foreign currencies:

 Currency                    Buying                   Selling 
 US Dollar                   6,800.00                7,018.00
 Pound Sterling              9,996.00               10,319.97
 French Franc                  970.93                1,001.19
 Swiss Franc                4,145.31                 4,274.70
 Deutsche Mark              3,254.97                 3,359.36
 Canadian Dollar            4,510.83                 4,652.20
 Japanese Yen                  59.42                    61.30
 Dutch Guilder              2,890.02                 2,980.15
 S/African Rand               875.64                   902.53
 Euro                       6,368.91                 6,567.37
 CFA Franc                      9.71                    10.01
 Naira                         63.05                    65.07
 Ecowas/WAUA                8,909.73                  -----------