1,000 GHS to CAD - Convert Ghanaian Cedi to Canadian Dollar

Convert GHS to CAD using our currency converter with real exchange rate today

1 GHS = 0.107 CAD

1 CAD = 9.346 GHS

(Mid-market exchange rate)

Last updated Apr 16, 2024 19:05 GMT

GHS to CAD conversion chart

Below is the live and historical Ghanaian Cedi to Canadian Dollar rate chart so you can see today's rate - and how the rates have changed over time.

1 GHS = 0.107 CAD

1,000 Ghanaian Cedi to Canadian Dollar stats | GHS to CAD

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 0.107 0.108 0.113 0.132 0.108
Low 0.105 0.105 0.105 0.105 0.105
Average 0.106 0.106 0.109 0.115 0.106
Volatility 1.9% 2.86% 7.62% 25.71% 2.86%

What is the Ghanaian Cedi worth against the Canadian Dollar today?

1 GHS is worth 0.107 CAD today

How much is 1,000 GHS worth in CAD?

At the current exchange rate of 0.107 , a sum of 1,000 Ghanaian Cedi is worth 107 Canadian Dollar.

Which currency is stronger? GHS or CAD?

The Canadian Dollar is currently stronger than the Ghanaian Cedi given that 1 CAD is equal to 9.346 GHS. Conversely, 1 GHS is worth 0.107 CAD.

Overview of GHS to CAD Performance and Trends

Today, to buy 1,000 Ghanaian Cedi, you need 107 Canadian Dollar. On the same date last year, you needed 122 Canadian Dollar for 1,000 Ghanaian Cedi. This change indicates that the Ghanaian Cedi has lost value against the Canadian Dollar by 13.11% over the past year.

The pair experienced high volatility of 25.71%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

GHS to CAD Currency Performance and Volatility

Last 7 Days

  • Performance: GH₵1,000 varied between $0.105 (weekly low) and $0.107 (weekly high), a variance of $0.002 .
  • Volatility: Fluctuated by 1.9%.

Last 30 Days

  • Performance: GH₵1,000 varied between $0.105 (30-day low) to $0.108 (30-day high), a variance of $0.003 .
  • Volatility: Fluctuated by 2.86%.

Last 90 Days

  • Performance: GH₵1,000 varied between $0.105 (90-day low) to $0.113 (90-day high), a variance of $0.008 .
  • Volatility: Fluctuated by 7.62%.

Last Year

  • Performance: GH₵1,000 ranged from $0.105 (yearly low) to $0.132 (yearly high), a variance of $0.027 .
  • Volatility: Fluctuated by 25.71%.

GHS to CAD Forecast and trending

Is the Ghanaian Cedi going up or down against the Canadian Dollar?

Today's GHS to CAD exchange rate (0.106) is smaller compared to yesterday's rate (0.106).

Currency information

GHS - Ghanaian Cedi

The currency code for Ghanaian Cedi is GHS.

The GHS currency symbol is GH₵.

Minor unit: 1/100 = Pesewa

GHS rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

GHS rank by strongest currencies (buying power): 55

The Ghanaian Cedi is the currency of 1 countries:
Ghana

CAD - Canadian Dollar

The currency code for Canadian Dollar is CAD.

The CAD currency symbol is $.

Minor unit: 1/100 = Cent

CAD rank by most traded currencies: 7

Avg proportion of daily world trade volume: 3.10%

CAD rank by strongest currencies (buying power): 13

The Canadian Dollar is the currency of 2 countries:
Canada, Saint Pierre and Miquelon

More Canadian Dollar (CAD) information >

Understanding GHS to CAD Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Ghanaian Cedi to Canadian Dollar, to send a payment, for a trip overseas, when shopping online or to hold a balance in Canadian Dollar.

How to convert GHS to CAD?

You can convert Ghanaian Cedi to Canadian Dollar either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Canadian Dollar in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Ghanaian Cedi cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Canadian Dollar in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Ghanaian Cedi you want to send, or the amount in Canadian Dollar you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Canadian Dollar

How to get the best GHS to CAD exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best GHS to CAD exchange rate for your specific transaction.

Get to know the GHS/CAD mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the GHS/CAD mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Ghanaian Cedi and Canadian Dollar. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Ghanaian Cedi with Canadian Dollar?

You'll be able to exchange Canadian Dollar to Ghanaian Cedi in the same way as you'd exchange Ghanaian Cedi to Canadian Dollar. If you have Canadian Dollar in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Canadian Dollar. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Ghanaian Cedi in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange GHS to CAD?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Ghanaian Cedi to Canadian Dollar (GHS to CAD)

How much is the Ghanaian Cedi to Canadian Dollar?

The Ghanaian Cedi to Canadian Dollar exchange rate today is 0.107 . Use this guide to learn more about exchanging GHS to CAD in the easiest and best value way for your specific needs.

How much is 1,000 Ghanaian Cedi to the Canadian Dollar?

The GHS to CAD rate today is 0.107 . That means that 1,000 Ghanaian Cedi would be worth 107 Canadian Dollar.

How to exchange Ghanaian Cedi to Canadian Dollar?

Exchange GHS to CAD in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including GHS to CAD.

How to send money to Canada?

If you want to send money from Ghana - or anywhere else in the world - to Canada, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Canada - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Canadian Dollar and Ghanaian Cedi on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Ghanaian Cedi to Canadian Dollar exchange rate with our handy tools, to help you compare your options.

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