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Ghana s Cedi emerges best African currency for 1st quarter 2021, Naira stagnates – Ghana Visions

+ The Ghanaian cedi has emerged the best currency in Africa for the first quarter of 2021, according to data from Databank Research. Ghana ended the first quarter March 31st with a year to date appreciation of 0.06 percent against the dollar. While Nigeria’s Naira ended the quarter with 0.0 percent, exchanging at N382.5 as at March 31 from 381.48 it opened the year. The Ghana cedi was ranked among 15 important African currencies including the Egyptian pound, Nigerian naira and South African rand. Speaking on the data, a Senior Economic Analyst at Databank Research, Courage Martey, described Ghana cedi performance as impressive which he says is similar to what it did in the first quarter of 2020.

Ghana Cedi emerges Best African currency for 1st quarter of 2021

Cedi to end 2021 at GH¢6 18 – Databank Research

Cedi to end 2021 at GH¢6 18 – Databank Research
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