The Ghana Association of Bankers (GAB), on Tuesday February 6, 2001, released the following average inter bank exchange rates of the cedi equivalent to the dollar and derived rates for other major foreign currencies:
Currency Buying Selling
US Dollar 6,800.00 7,018.00
Pound Sterling 9,996.00 10,319.97
French Franc 970.93 1,001.19
Swiss Franc 4,145.31 4,274.70
Deutsche Mark 3,254.97 3,359.36
Canadian Dollar 4,510.83 4,652.20
Japanese Yen 59.42 61.30
Dutch Guilder 2,890.02 2,980.15
S/African Rand 875.64 902.53
Euro 6,368.91 6,567.37
CFA Franc 9.71 10.01
Naira 63.05 65.07
Ecowas/WAUA 8,909.73 -----------