![]() ![]() ![]() The spokesman added that the problem in Nigeria was resolved even more swiftly.Īs of March 22, Google’s software was giving a rate of 5.23 cedis to one US dollar. The Ministry of Finance also noted in the release that Nigeria and Pakistan have suffered similar errors in presenting their currency values this year.Ī Google spokesman did not dispute the ministry’s account but emphasized that the mistake was rectified within an hour. Year 2021 United States dollar/Ghanaian cedi (USD/GHS) rates history, splited by months, charts for the whole year and every month, exchange rates for any. But sometimes there are temporary issues that can cause people to have undesired experiences, like the one this past Friday. “We always aim to provide people with the most relevant, useful information to help them to make the right decisions. This was caused by a minor glitch that was quickly fixed,” wrote Titi Akinsanmi, Google’s head of Public Policy & Government Relations, West and Francophone Africa. “We are aware of the issue of inaccurate conversions for Ghanaian Cedi currency on Friday the 15th of March. Google explained the mistake in a letter to Ghana’s Ministry of Finance, which the ministry publicized in a press release Wednesday. The figure was the result of an error from the search engine, not a disastrous financial crash. Ghanian President Nana Akufo-Addo has attributed the cedi’s poor performance to an over-reliance on imports.īut it was still a shock for Ghanians who checked Google’s currency conversion rates on March 15 to discover that the cedi was trading at a rate of 22.72 to one US dollar – an increase of more than 300% on the previous day. It fell to a record low against the dollar in February, according to Bloomberg, and has depreciated by 8.6% this year – the most of more than 140 currencies tracked by the financial news agency. ![]() From the comfort of my office I made dollar payments without having to physically scout for dollars. US Dollar to Ghanaian Cedi conversion Last updated Sep 17, 2023, 10:18 UTC. Chipper is a whole new level of convenience. ![]() You won’t receive this rate when sending money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.It’s been a rough 2019 for Ghana’s currency, the cedi. We use the mid-market rate for our Converter. 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When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. Also, view Cedi to Dollar currency charts. Compare money transfer services, compare exchange rates and commissions for sending money from Ghana to United States. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Convert Ghanaian Cedis to American Dollars with a conversion calculator, or Cedis to Dollars conversion tables. Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. ![]()
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