As of July 2025, the Ghana Cedi was the fourth-best-performing currency in Africa.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Ghana Cedi was ranked as the 4th best-performing currency in Africa in July 2025.

According to the Forbes Currency Converter, the local currency traded at GH¢10.42 with a year-to-date gain of about 30%.

The Tunisian dinar was the best-performing currency on the continent. It was followed by the Libyan dinar and Moroccan dirham.

From 5th to 10th positions were the Botswana pula, the Seychellois rupee, the Eritrean nakfa, the South African rand, the Lesotho loti, and the Namibian dollar.

In the outlook, the Ghana cedi is expected to exhibit some stability against the US dollar and other major foreign currencies because of the improved macroeconomic environment, vis-à-vis a strong international reserve of more than 4.0 months of import cover.

Source: newsthemegh.com