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Convert 1 GHS to CAD
Ghanaian cedi to Canadian dollar Conversion Rate
Live currency rates - continuously updated directly from the interbank market
How to Convert 1 Ghanaian cedi to Canadian dollar
Looking to convert 1 Ghanaian cedi to Canadian dollar? Our quick and reliable currency converter makes it simple. Whether you need to exchange GHS to CAD, or any other currency, follow these easy steps
1. Enter Your Amount
Type the amount of Ghanaian cedi you want to convert.
2. Select Your Currency
Choose GHS in the first dropdown and CAD in the second.
3. Here You Have It
Our currency converter will show you the current 1 Ghanaian cedi to Canadian dollar rate.
FAQs
How does Ghanaian cedi Canadian dollar conversion rate work?
The Ghanaian cedi to Canadian dollar exchange rate shows how much one Ghanaian cedi is worth in Canadian dollar. It changes often based on things like interest rates, inflation, and global events. If the rate is , that means 1 Ghanaian cedi equals Canadian Dollars. When the Ghanaian cedi gets stronger, you get more Canadian Dollars for your Ghana Cedis. When it weakens, you get less. People and businesses use these rates when trading, traveling, or sending money across countries.
What is the Ghanaian cedi Canadian dollar rate today?
As of 20-06-2025, the Ghanaian cedi to Canadian dollar exchange rate is approximately 1 Ghanaian cedi = Canadian Dollars. This means if you exchange 1 Ghanaian cedi, you'll receive about Canadian Dollars. Keep in mind, exchange rates can change throughout the day due to market conditions.
Does the Ghanaian cedi Canadian dollar exchange rate change daily?
Yes, the Ghanaian cedi to Canadian dollar exchange rate changes every day. It moves based on factors like economic news, interest rates, trade, and global events. Because these factors keep shifting, the rate can go up or down throughout the day and from one day to the next. This constant change is why the exchange rate you see today might be different tomorrow.
What are the factors affecting the exchange rate?
Here’s a simple explanation of each factor affecting the Ghanaian cedi to Canadian dollar exchange rate. All these factors work together to push the Ghanaian cedi Canadian dollar exchange rate up or down.
- Interest Rates: When a country’s central bank raises interest rates, saving or investing there becomes more attractive because you earn more money. For example, if Europe’s rates go up, more people want Ghana Cedis to invest, so the Ghanaian cedi’s value rises compared to the Canadian dollar.
- Inflation: Inflation means prices for goods and services go up. If inflation is low, the currency keeps its buying power. High inflation makes money less valuable, so a country with lower inflation usually has a stronger currency.
- Economic Performance: If Europe’s economy is doing well—lots of jobs, good business growth—investors feel confident buying Ghana Cedis. That demand pushes the Ghanaian cedi’s value higher against the Canadian dollar.
- Political Stability: Stable governments make investors feel safe. If Europe is politically calm, more people want Ghana Cedis. Political troubles or uncertainty scare investors, which can weaken the Ghanaian cedi.
- Trade Balance: If Europe sells more goods to other countries than it buys (a trade surplus), there’s more demand for Ghana Cedis because buyers need Ghana Cedis to pay. This demand can raise the Ghanaian cedi’s value.
- Market Sentiment: Traders react quickly to news, rumors, or global events. If people expect the Ghanaian cedi to get stronger, they buy Ghana Cedis now, which can actually make the Ghanaian cedi stronger. This is why exchange rates can sometimes jump suddenly.