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ECONOMY-FINANCE

1 dollar is no more 5.70 cedis. See the current exchange rate

The Foreign Exchange rate (ForEx rate) is one of the most important means through which a country’s relative level of economic health is determined. It may change daily with the changing market forces of supply and demand of currencies from one country to another. The exchange rate is defined as "the rate at which one country's currency may be converted into another. They are different things that affect the foreign exchange rate. Some of them are; 1.Inflation Rates. Changes in market inflation cause changes

  10 months ago ago
1 dollar is no more 5.70 cedis. See the current exchange rate

POLITICS

Ghanaian Cedis No Longer 5.1900 or 5.9500 per Dollar, Here Is The New Value

At the advent of democratic rule (Civilian rule) in 2003 September under the New Patriotic Party (NPP), the US dollar was sold for Gh¢ 0.8550; Under the administration of former President of John Atta Mills, Cedis was sold at 1.4463 per Dollar, while he met it at 1.1595 per United states one(1) dollar.  On July 24, 2012, John Atta Mills died and Ex- President John Dramani Mahama took over and under the National Democratic Congress (NDC) administration it was GH¢1.8969. Since then, Naira value keeps on demoting,

  1 year ago ago
Ghanaian Cedis No Longer 5.1900 or 5.9500 per Dollar, Here Is The New Value

BUSINESS

10 Highest Currencies In The World 2020. The British Pound Sterling Is Not The First.

Most people across the globe believe that the British pound sterling is the strongest currencies in the world. The truth about the matter is , it is not. There are other currencies that are stronger the the British pound sterling. Whiles it is an undeniable fact that the US dollar is the most popular currency. There are other currencies that have higher value than the US dollars. For comparing the performance of the currencies. The US dollar is the most widely used currency in the world. Here are 10 highest

  11 months ago ago
10 Highest Currencies In The World 2020. The British Pound Sterling Is Not The First.

ECONOMY-FINANCE

SS: Did you use any of these currencies

Kindly follow for more exciting and interesting information A currency is a system of money used in general in a particular country. In the early days, cowries (sedie) was used as a mode of payment for many transactions. The name cedi was derived from the object sedie(cowrie). There were other mode of transactions which was barter trade, the exchange of goods and services for other valuable goods. Since the initiation of the cedi, several changes has been made. The last one was made in 2007. Until the last denomination,

  8 months ago ago
SS: Did you use any of these currencies

BUSINESS

The 10 most beautiful currencies in Africa

Have you had the opportunity to see the beautiful currencies used on the African continent? They are all beautiful in every unique way. I would like us to take a look at the 10 most beautiful currencies in Africa. Before we start, kindly hit the follow button to get more updates. 10.The Tunisian Dinar The Tunisain Dinar is undoubtedly one of the most beautiful currencies in Africa and the world at large. It is ranked as the 10th most beautiful currency in Africa. 9.The Zambian Kwacha 8.The Nigerian Naira Nigerian

  1 year ago ago
The 10 most beautiful currencies in Africa

ECONOMY-FINANCE

Checkout The Currency Of The People Of Gold Coast Before Arrival Of The Europeans

Kindly follow me to get access to all my newly published articles.With that been said, let’s get right into this article.

  7 months ago ago
Checkout The Currency Of The People Of Gold Coast Before Arrival Of The Europeans

BUSINESS

There is no change in value. The value is the same. How much are they worth in our new currency.

There is no change in value. The value is the same. There is no change in value. The value is the same. This was heard almost on all media outlets in Ghana somewhere in 2007 when the Bank of Ghana decided to change the currency of the country. This would mean four Zeros would be slashed off the existing currency figures. This would also mean an amount of 10,000.00 cedis would now be quoted as Ghc 1.00 and so on and an amount of 1,000 cedis will now be Ghc0.10 or 10 pesewas. This also meant the change of name

  11 months ago ago
There is no change in value. The value is the same. How much are they worth in our new currency.

BUSINESS

5 Africa's most valuable currencies have been listed. Will Ghana feature?

The strength of a country's currency determines how lots of its economic indicators fare. If the currency is weak, it becomes less valuable. A vulnerable currency comes crushing when matched against a global currency like the United States dollar.  Value of a currency is also known to be an unstable phenomenon. No currency is static. It rises and falls depending on internal and external factors that might affect a country.  Especial in Africa, it is a big deal when a country's currency stabilizes for long

  1 year ago ago
5 Africa's most valuable currencies have been listed. Will Ghana feature?

BUSINESS

See The Top 10 Weakest World Currencies in 2020

Denomination means a change in the nominal value of banknotes, usually after hyperinflation, to stabilize the currency and simplify calculations. Most people know about the strongest, most stable, and powerful world currencies, for example, British Pound Sterling, Swiss Franc (Swissie), US Dollar, Euro, and others. These Currencies are the most stable, as well as the countries issuing them. But what about the least valued world currencies? Who knows their names and what countries they are issued in…? While

  1 year ago ago
See The Top 10 Weakest World Currencies in 2020

ECONOMY-FINANCE

Check out the top most beautiful currencies in Africa

Before reading please hit the follow button on the top right corner of the page. All the currencies used by most African countries are all beautiful and unique in its own way. Thus, let us look at the 10 most beautiful currencies in Africa. 10. The Tunisian Dinar The Tunisain Dinar is surely one of the most most beautiful currencies in Africa and the world at large. It is ranked as the 10th most beautiful currency in Africa. 9. The Zambian Kwach The Zambian Kwach is ranked as the 9th most beautiful currency

  9 months ago ago
Check out the top most beautiful currencies in Africa

BUSINESS

The power of saving coins

Coins in our current world is the lowest physical means of legal tender. Many countries have currencies in both notes and coins, while some have only notes. Though, some countries see the use of coins in purchasing of goods as irrelevant as they deemed it 'old fashion' due to the fact that before notes came into existence coins were used first. But there's a very good thing about coins for those whose local currency have coins as a means of legal tender. When you spend your dollar or which ever currency note,

  1 year ago ago
The power of saving coins

BUSINESS

In This World, Only 8 Currencies Are Considered To Be Valuable And There Is No African Currency

Every country in this world has its own currency which is used as a medium of exchange in the country. Before, the existence of currency, bater trade was the medium of exchange. Bater trade is defined as the medium of exchange where money is not involved but goods are traded for goods. For example if I have two oranges and I want a watermelon, I have to look for someone who wants two oranges in order to trade. You could see that this trade was really difficult and tedious. Kindly follow me by clicking on the

  1 year ago ago
In This World, Only 8 Currencies Are Considered To Be Valuable And There Is No African Currency

BUSINESS

See the top highest currency in the West African Sub-region: ECOWAS.

There are 16 independent countries that makes the West Africa subregion according to the UN. These include; Benin, Burkina Faso, Cape Verde, Côte D'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo. These 16 countries together form a common bloc known as the Economic Community of West African States (ECOWAS) with common economic interests. Economically, eight of the ECOWAS member countries use the CFA franc, which is pegged to the European

  1 year ago ago
See the top highest currency in the West African Sub-region: ECOWAS.

ECONOMY-FINANCE

GIPC Law against Foreign Traders Should be Looked at Again.(Opinion)

The law prohibits foreigners from engaging in retail trade including selling in the markets, operating a saloon or barbering shop and hawking on the streets.Ghana hosts the Afcfta secretariat in Accra which seeks to promote integration between African countries.Is it not an irony that we have a law that discourages our fellow Africans from living with us? True,in every country the citizens come first before foreigners but this law,in its haste to please locals, has refused to take into consideration some realities.The

  9 months ago ago
GIPC Law against Foreign Traders Should be Looked at Again.(Opinion)

ECONOMY-FINANCE

The American Dollar is not the Strongest Currency, See Three Strongest Currencies in The World

When we think about Currency strength, the first Currency that comes to mind is the United States dollar. The popularity of the currency coupled with America's dominance in the world of commerce has made many people around the world think that the United States dollar is the strongest currency in the world. That is far from true. In fact, according to rankings of the world's greatest Currencies, the United States dollar comes in 10th place. Are you surprised? Well, let's take a look at the top three Currencies

  10 months ago ago
The American Dollar is not the Strongest Currency, See Three Strongest Currencies in The World

BUSINESS

"Don't Make This Mistake" Here is Why You Should Never Accept Money Exchange With Left Hand

In Africa , people typically pay in cash for shopping. This is an agreement between the buyer and the vendor for merchandise during financial transactions. Apart from the persistent issues with minor adjustments that make purchases complicated, there is still another unforeseen but much more severe issue facing the customer. It's basically the shift that some traders have made on the left hand. What are we saying? You sweat cold because of discoveries from a spiritualist. this is never a superstition, while

  1 year ago ago

BUSINESS

Cedi is among the top 3 most valuable currencies in Africa

Ghanaians are always complaining about the fall in Ghana cedi to the US dollar, British pound sterling and Euro. The opposition National Democratic Congress has accused the New Patriotic Party and Dr. Bawumia for their inability to arrest the US dollar from rising against the Cedi. The strength of a country's currency tells a lot about its economy and living standards of the people. There is a huge misconception that the biggest and most popular nations often have the best currencies; this is false especially

  1 year ago ago
Cedi is among the top 3 most valuable currencies in Africa

BUSINESS

How to avoid losing your hard earned money while trading FOREX.

When you get to a country that does not use the same currency as your country, you will need to give your currency in exchange for the currency of that country you visited. You know quite well, that there is no other way to do business in that strange land without their currency. Exchanging your currency for another country's currency, is what is known as: "FOREIGN EXCHANGE".  The FOREX market is a global, decentralized market where the world’s currencies change hands.   Why people lose money  Many people

  1 year ago ago
How to avoid losing your hard earned money while trading FOREX.

ECONOMY-FINANCE

5 Best Forex Trading Strategy On How To Start A Profitable Trade In 2021

Learning Forex trading can appear to be confounded for fledglings. The universe of Forex exchanging may feel overpowering and befuddling, particularly for merchants who are new to the game and don't know about the guidelines yet. Plunging your toes without knowing the principles of the game can prompt outcomes that blowback. Fortunately we have you covered.  Here, in this article, I share with you the absolute accepted procedures of fruitful Forex trader to assist you with beginning with trading 2021. We have

  9 months ago ago
5 Best Forex Trading Strategy On How To Start A Profitable Trade In 2021

BUSINESS

Analysis: Lessons Nigeria's CBN and Ghana's BOG Should Learn from US Dollars Allocations.

It's frankly baffling to come to the realization that even seasoned monetary policy practitioners can think like laypeople: Recently the Bank of Ghana and the Central Bank of Nigeria have been desperately attempting to strengthen their respective local currency through pumping US Dollars into the money market. The issue is, who stands to lose here? Whether you like it or not, forex traders will not cease to buy up US Dollars in a speculative move to sell much higher when the Naira or the Cedi depreciate. Speculators

  1 year ago ago
Analysis: Lessons Nigeria's CBN and Ghana's BOG Should Learn from US Dollars Allocations.