Convert NGN to GHS
NGN to GHS Comparison Table
| Structure & Indicators | Nigeria (NGN) | International (GHS) |
|---|---|---|
| Official Currency | Nigerian Naira (₦) | GHS Currency (GHS) |
| Central Monetary Bank | Central Bank of Nigeria (CBN) | Central Monetary Authority |
| Domestic Policy Anchor | 27.2500% (MPR) | Domestic Central Guidance |
| Headline Inflation Metric | 33.4000% | Regional Tracking Index |
Related Currency Pairings
| African Currencies | Asian Currencies |
| NGN to MWK NGN to MZN NGN to NAD NGN to RWF | NGN to JPY NGN to JOD NGN to KGS NGN to KHR |
| European Currencies | Oceania Currencies |
| NGN to HUF NGN to MDL NGN to MKD NGN to PLN | NGN to GTQ NGN to GYD NGN to HNL NGN to JMD |
7 Facts About Ghanaian Cedi
- Historical Currency: The Cedi is Ghana’s second official currency, replacing the Pound Sterling in 1965, reflecting the nation’s independence.
- Floating Exchange Rate: The Cedi operates on a floating exchange rate, subject to market forces and economic conditions.
- Central Bank Control: The Bank of Ghana oversees the issuance and management of the Cedi, implementing monetary policies.
- Economic Challenges: Ghana faces economic challenges, including inflation and trade deficits, impacting the Cedi’s stability.
- Subdivision: Divided into 100 pesewas, these smaller units are less commonly used in daily transactions.
- Cash and Digital Payments: While cash remains prevalent, Ghana is increasingly adopting digital payment systems.
- Currency Code: GHS is the official currency code for the Ghanaian Cedi, used in international transactions.
Top Banks in Nigeria and Ghana for Naira to Cedi Conversion
| Country | Bank Names | City |
|---|---|---|
| Ghana | Ghana Commercial Bank (GCB) | Accra |
| Ghana | Ecobank Ghana | Accra |
| Ghana | Stanbic Bank Ghana | Accra |
| Nigeria | Access Bank Plc | Lagos |
| Nigeria | Sterling Bank | Lagos |
| Nigeria | Fidelity Bank Plc | Lagos |