As of June 2020, the Ghana cedi appreciated by 2.42 percent against the U.S. dollar and by 2.41 percent against the euro. On the other hand, it depreciated against the British pound by 4.27 percent. In December 2019, the Ghanaian currency appreciated by 14.81 against the U.S. dollar, which was a noticeable rate of increase compared to the same period in 2018.
Year-on-year depreciation rates of the Ghanaian cedi from 2018 to 2020, by selected currency
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PwC. (August 30, 2020). Year-on-year depreciation rates of the Ghanaian cedi from 2018 to 2020, by selected currency [Graph]. In Statista. Retrieved January 16, 2022, from https://www.statista.com/statistics/1254583/year-on-year-depreciation-rates-of-the-ghana-cedi/
PwC. "Year-on-year depreciation rates of the Ghanaian cedi from 2018 to 2020, by selected currency." Chart. August 30, 2020. Statista. Accessed January 16, 2022. https://www.statista.com/statistics/1254583/year-on-year-depreciation-rates-of-the-ghana-cedi/
PwC. (2020). Year-on-year depreciation rates of the Ghanaian cedi from 2018 to 2020, by selected currency. Statista. Statista Inc.. Accessed: January 16, 2022. https://www.statista.com/statistics/1254583/year-on-year-depreciation-rates-of-the-ghana-cedi/
PwC. "Year-on-year Depreciation Rates of The Ghanaian Cedi from 2018 to 2020, by Selected Currency." Statista, Statista Inc., 30 Aug 2020, https://www.statista.com/statistics/1254583/year-on-year-depreciation-rates-of-the-ghana-cedi/
PwC, Year-on-year depreciation rates of the Ghanaian cedi from 2018 to 2020, by selected currency Statista, https://www.statista.com/statistics/1254583/year-on-year-depreciation-rates-of-the-ghana-cedi/ (last visited January 16, 2022)
