- Ghana cedi trades at GH¢10.42 with a 30% gain in 2025 so far
- Ranked 4th among African currencies; Tunisian dinar leads continent
- IMF praises Ghana’s corrective actions and 2025 budget aligned with reforms
In July 2025, the Ghana cedi ranked as the fourth best-performing currency in Africa.
According to the Forbes Currency Converter, the cedi traded at GH¢10.42, achieving a year-to-date gain of approximately 30%.
The Tunisian dinar was the continent’s top-performing currency, followed by the Libyan dinar and the Moroccan dirham.
Currencies ranking fifth to tenth included the Botswana pula, Seychellois rupee, Eritrean nakfa, South African rand, Lesotho loti, and Namibian dollar.
Looking ahead, the Ghana cedi is expected to maintain relative stability against the US dollar and other major currencies due to an improved macroeconomic environment and strong international reserves covering over four months of imports.
At a recent press briefing, the International Monetary Fund (IMF) noted that despite policy challenges and reform delays at the end of 2024, the new government has implemented bold corrective measures to keep the Economic Credit Facility program on track. The IMF highlighted that ongoing reforms and a stronger external position are expected to help Ghana achieve economic stabilization, enhance resilience, and promote inclusive growth.
The IMF also emphasized the government’s firm commitment to fiscal discipline and addressing structural issues that caused past setbacks. It praised the passage of the 2025 budget aligned with program goals and the establishment of a strengthened fiscal responsibility framework.
These factors underpin expectations for a stable Ghana cedi as the peak season approaches.
