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GHS

Ghanaian Cedi

GHS · Ghana

42
Moderate
Risk
Historical Scores
394959Jul 2021Jul 2025Aug 2026
What does this mean for you?

The Ghanaian Cedi is in decent shape overall, scoring 42 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

Your savings need 15.7%/yr returns to not lose value. GHS100 today → GHS88 next year. Calculator ↓

Inflation
14.2%
Debt / GDP
Not available
GDP Growth
6.0%
FX Volatility
22.7
Governance
0.0
Reserves
1.6 mo
Analysis
What's working well
Economy is growing healthily
What to watch out for
Banks are struggling — 19% of loans aren't being repaid
Prices rising fast (14.2% per year) — your savings lose value quickly
Full Ghana analysis →

Savings Impact Calculator

GHS
Holding cash in GHS14.2% inflation
GHS 515−GHS 485 (49% purchasing power lost)
Your GHS 1,000 buys 49% less in 5 years
What if you invested GHS 1,000 instead? (5yr, in GHS terms)
USD-denominated assets gain an additional ~11.2%/yr from expected GHS depreciation vs USD
Hold USD Cash
GHS 1483
+GHS 483
+8.2%/yr net in GHS
S&P 500
GHS 2616
+GHS 1616
range: GHS 1289–GHS 4862
10% USD return + 11.2% FX · ±16% vol
Gold
GHS 2407
+GHS 1407
range: GHS 782–GHS 6023
8% USD return + 11.2% FX · ±24% vol
Bitcoin
GHS 4688
+GHS 3688
range: GHS 375–GHS 24.9k
25% USD return + 11.2% FX · ±54% vol

All values in GHS. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~11.2%/yr based on the inflation differential between Ghana (14.2%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how GHS ranks differently.
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