Ghanaian Cedi
Ghanaian Cedi
This has been one of the strongest currencies in Africa this year. In March, it was one of the few currencies that appreciated significantly. One U.S. dollar currently exchanges for 4.79 cedis. Experts have attributed the West African country’s currency position to the country’s democratic ideals and its well-managed economy. Other financial analysts say its position is indicative of growth and macroeconomic stability.
