Currency · Live data
Ghanaian Cedi
GHSGhana · Issued by Bank of Ghana
Price (USD)
—
Inflation (2024)
+22.85%
10y M2 change
—
M69 Score
0.0
Domestic debt restructuring 2023
Market Cap (USD)
—
M2 source: World Bank
M2 (local currency)
—
broad money
CPI YoY (2024)
+22.85%
World Bank · annual
Country
Ghana
ISO 4217 · GHS
Last Update
2026-04-25
Daily ingest · 02:00 UTC
Ghanaian Cedi M2 money supply
Broad money in GHS (cash + deposits + close substitutes), annual back to ~1960 via World Bank FM.LBL.BMNY.CN. Log scale auto-engages for hyperinflation outliers.
No M2 history available yet for GHS. World Bank coverage may be limited for this currency — direct central-bank feeds in a future release.
Ghanaian Cedi inflation history
Annual CPI YoY since 2001 — World Bank consumer price index for Ghana. Inflation volatility is one of three inputs into the Money2069 sound-money score.
Purchasing power calculator
How much would your Ghanaian Cedi be worth today if you'd held it since…?
100 GHS in 2001 buys today
0.13 GHSworth of goods
Lost 100% of purchasing power since 2001.
To match 2001 purchasing power, you need today
75,999 GHS
46 years of cumulative inflation.
Calculation: cumulative product of (1 + CPI YoY) from the chosen year through 2024. Source: World Bank consumer price index (annual). Daily-refreshed.
Data sources & methodology
- FX (USD):
- Frankfurter / ECB · daily
- CPI YoY:
- World Bank FP.CPI.TOTL.ZG · annual
- M2 broad money:
- World Bank FM.LBL.BMNY.CN · annual (LCU)
- Market cap (USD):
- M2 / FX rate · daily
- 10-year M2 change:
- (M2 today / M2 10y ago) − 1
- M69 score:
- Weighted: CPI (50%), 10y M2 growth (40%), 1y FX stability (10%)
- Last fetched:
- 2026-04-25 16:07:40
- Country code (ISO 3166-1):
- GHA
Note: Domestic debt restructuring 2023
Raw data: /api/v1/currencies/current/GHS
Frequently asked questions
Who issues the Ghanaian Cedi?+
The Ghanaian Cedi (GHS) is issued by Bank of Ghana. As the monetary authority for Ghana, it sets policy interest rates, manages foreign reserves, and controls the money supply.
What is the inflation rate of the Ghanaian Cedi?+
Latest available consumer price inflation for the Ghanaian Cedi: 22.85% YoY (2024). Source: World Bank annual series (FP.CPI.TOTL.ZG). Daily-refreshed historical chart on this page.
Has the Ghanaian Cedi been debased?+
Every fiat currency loses purchasing power over time as central banks expand the money supply. broad-money data is being added in our next release. Combined with cumulative inflation, this is the gap between GHS as accounting unit and GHS as a store of value.
Is the Ghanaian Cedi sound money?+
On the Money2069 0–100 sound-money scale, the Ghanaian Cedi currently scores 0.0. The score weights inflation volatility, 10-year money-supply growth, and 1-year FX stability. Higher = closer to sound. No fiat scores 100 because no fiat has zero issuance.
How does the Ghanaian Cedi compare to gold or the US dollar?+
Use the table on the listing page to sort all 138 tracked currencies by inflation, 10-year M2 change, or M69 score. Pegged currencies (USD-pegged dirham, riyal, etc.) inherit the dollar's debasement profile; floating currencies tell their own story.
How often is this data updated?+
We pull fresh exchange rates daily from Frankfurter (ECB-sourced) and refresh the inflation series from the World Bank. The page is statically rendered with 24-hour ISR. Source data is publicly accessible via our /api/v1/currencies endpoints.