Official exchange rate in Ghana
Ghana: Official exchange rate was 1.55 LCU per US$, end period in 2011. ◆ Volatile
Latest (2011)
1.55 LCU per US$, end period
Change on year
up 5.2%
World rank
49th
of 51 countries
All-time high
1.55 LCU per US$, end period
in 2011
All-time low
0.0001 LCU per US$, end period
in 1960
Years of data
52
1960–2011
Official exchange rate in Ghana, 1960–2011
Source: International Monetary Fund, International Financial Statistics. Measured in LCU per US$, end period.
Analysis
Ghana recorded 1.55 LCU per US$, end period for official exchange rate in 2011. That is the highest value across all 52 years on record.
The figure is up 5.2% on the previous year and up 111.8% over ten years.
Over the whole period, official exchange rate in Ghana peaked at 1.55 LCU per US$, end period in 2011 and was at its lowest, 0.0001 LCU per US$, end period, in 1960.
Ghana ranks 49th of 51 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate in Ghana, year by year
| Year | LCU per US$, end period | Change |
|---|---|---|
| 1960 | 0.0001 LCU per US$, end period | — |
| 1961 | 0.0001 LCU per US$, end period | +0.0% |
| 1962 | 0.0001 LCU per US$, end period | +0.0% |
| 1963 | 0.0001 LCU per US$, end period | +0.0% |
| 1964 | 0.0001 LCU per US$, end period | +0.0% |
| 1965 | 0.0001 LCU per US$, end period | +0.0% |
| 1966 | 0.0001 LCU per US$, end period | +0.0% |
| 1967 | 0.0001 LCU per US$, end period | +42.9% |
| 1968 | 0.0001 LCU per US$, end period | +0.0% |
| 1969 | 0.0001 LCU per US$, end period | +0.0% |
| 1970 | 0.0001 LCU per US$, end period | +0.0% |
| 1971 | 0.0002 LCU per US$, end period | +78.2% |
| 1972 | 0.0001 LCU per US$, end period | -29.6% |
| 1973 | 0.0001 LCU per US$, end period | -10.2% |
| 1974 | 0.0001 LCU per US$, end period | +0.0% |
| 1975 | 0.0001 LCU per US$, end period | +0.0% |
| 1976 | 0.0001 LCU per US$, end period | +0.0% |
| 1977 | 0.0001 LCU per US$, end period | +0.0% |
| 1978 | 0.0003 LCU per US$, end period | +139.1% |
| 1979 | 0.0003 LCU per US$, end period | +0.0% |
| 1980 | 0.0003 LCU per US$, end period | +0.0% |
| 1981 | 0.0003 LCU per US$, end period | +0.0% |
| 1982 | 0.0003 LCU per US$, end period | +0.0% |
| 1983 | 0.003 LCU per US$, end period | +991.0% |
| 1984 | 0.005 LCU per US$, end period | +66.7% |
| 1985 | 0.006 LCU per US$, end period | +20.0% |
| 1986 | 0.009 LCU per US$, end period | +50.0% |
| 1987 | 0.0176 LCU per US$, end period | +95.6% |
| 1988 | 0.023 LCU per US$, end period | +30.6% |
| 1989 | 0.0303 LCU per US$, end period | +31.8% |
| 1990 | 0.0345 LCU per US$, end period | +13.8% |
| 1991 | 0.0391 LCU per US$, end period | +13.3% |
| 1992 | 0.0521 LCU per US$, end period | +33.3% |
| 1993 | 0.082 LCU per US$, end period | +57.4% |
| 1994 | 0.1053 LCU per US$, end period | +28.4% |
| 1995 | 0.1449 LCU per US$, end period | +37.7% |
| 1996 | 0.1754 LCU per US$, end period | +21.1% |
| 1997 | 0.2273 LCU per US$, end period | +29.5% |
| 1998 | 0.2326 LCU per US$, end period | +2.3% |
| 1999 | 0.3535 LCU per US$, end period | +52.0% |
| 2000 | 0.7048 LCU per US$, end period | +99.4% |
| 2001 | 0.7322 LCU per US$, end period | +3.9% |
| 2002 | 0.8439 LCU per US$, end period | +15.3% |
| 2003 | 0.8852 LCU per US$, end period | +4.9% |
| 2004 | 0.9054 LCU per US$, end period | +2.3% |
| 2005 | 0.9131 LCU per US$, end period | +0.8% |
| 2006 | 0.9235 LCU per US$, end period | +1.1% |
| 2007 | 0.9704 LCU per US$, end period | +5.1% |
| 2008 | 1.21 LCU per US$, end period | +25.1% |
| 2009 | 1.42 LCU per US$, end period | +16.8% |
| 2010 | 1.47 LCU per US$, end period | +3.9% |
| 2011 | 1.55 LCU per US$, end period | +5.2% |
Ghana compared with similar countries
- Ghana's 1.55 LCU per US$, end period is below the median for lower middle income countries, which is 233.11 LCU per US$, end period, 1% of the median. (24 countries reporting)
- Ghana's 1.55 LCU per US$, end period is below the median for Sub-Saharan Africa, which is 494.28 LCU per US$, end period, 0% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +991.0% | 0.0003 LCU per US$, end period | 0.003 LCU per US$, end period |
| 1978 | +139.1% | 0.0001 LCU per US$, end period | 0.0003 LCU per US$, end period |
| 2000 | +99.4% | 0.3535 LCU per US$, end period | 0.7048 LCU per US$, end period |
| 1987 | +95.6% | 0.009 LCU per US$, end period | 0.0176 LCU per US$, end period |
| 1971 | +78.2% | 0.0001 LCU per US$, end period | 0.0002 LCU per US$, end period |
| 1984 | +66.7% | 0.003 LCU per US$, end period | 0.005 LCU per US$, end period |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0001 LCU per US$, end period | 0.0001 LCU per US$, end period | 0.0001 LCU per US$, end period | 10 |
| 1970s | 0.0002 LCU per US$, end period | 0.0001 LCU per US$, end period | 0.0003 LCU per US$, end period | 10 |
| 1980s | 0.0095 LCU per US$, end period | 0.0003 LCU per US$, end period | 0.0303 LCU per US$, end period | 10 |
| 1990s | 0.1447 LCU per US$, end period | 0.0345 LCU per US$, end period | 0.3535 LCU per US$, end period | 10 |
| 2000s | 0.9511 LCU per US$, end period | 0.7048 LCU per US$, end period | 1.42 LCU per US$, end period | 10 |
| 2010s | 1.51 LCU per US$, end period | 1.47 LCU per US$, end period | 1.55 LCU per US$, end period | 2 |
Countries ranked near Ghana
More reference data data for Ghana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2805 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.69 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1989 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.69 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.9405 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9478 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 8.22 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.64 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.08 (2050)
Frequently asked questions
- What is official exchange rate in Ghana?
- Official exchange rate in Ghana was 1.55 LCU per US$, end period in 2011, according to International Monetary Fund, International Financial Statistics.
- What is the highest official exchange rate recorded in Ghana?
- The highest recorded value was 1.55 LCU per US$, end period in 2011.
- What is the lowest official exchange rate recorded in Ghana?
- The lowest recorded value was 0.0001 LCU per US$, end period in 1960.
- How does Ghana rank for official exchange rate?
- Ghana ranks 49th out of 51 countries with data for 2011.
- Is official exchange rate rising or falling in Ghana?
- Over the last ten years it is up 111.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, International Financial Statistics, published as part of Official exchange rate (LCU per US$, end period). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This series shows the end period value of local currency units relative to the U.S. dollar.