LocalExchangeRates.com

Official Rate Sheet: Ghanaian Cedi (GHS) / Nigerian Naira (NGN)

Date generated:

Mid-Market Rate: 1 GHS = 113.1177 NGN

Real-Time Interbank Wholesale Feed: October 6, 2026

Ghanaian Cedi to Nigerian Naira Exchange Rate (GHS to NGN)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 GHS in NGN?

1 GHS = 113.1177 NGN

At the current mid-market wholesale exchange rate, converting 1,000 Ghanaian Cedi (GHS) yields approximately 113,117.69 Nigerian Naira (NGN) (inverse rate: 1 NGN = 0.0088 GHS). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): GHS

You Receive (Estimate): NGN

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 GHS = 113.1177 NGN

Kurs odwrotny: 1 NGN = 0.0088 GHS

Status danych: Live Data (Redis)

Looking for reverse calculation? Check NGN to GHS (Nigerian Naira to Ghanaian Cedi) Live Converter →

GHS to NGN Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Ghanaian Cedi against Nigerian Naira

Period High

114.4751 NGN

Period Low

111.7603 NGN

Volatility / Avg

113.1177 NGN

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 111.7603 NGN

Max: 114.4751 NGN

52-Week Range (1Y) Current Position: 65% Range

Min: 109.1586 NGN

Max: 117.0768 NGN

Standard Denomination Conversion Matrix (GHS & NGN)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Ghanaian Cedi → Nigerian Naira (GHS / NGN)

Wholesale Benchmark

Ghanaian Cedi (GHS)	Nigerian Naira (NGN)
1 GHS	113.12 NGN
5 GHS	565.59 NGN
10 GHS	1,131.18 NGN
25 GHS	2,827.94 NGN
50 GHS	5,655.88 NGN
100 GHS	11,311.77 NGN
200 GHS	22,623.54 NGN
250 GHS	28,279.42 NGN
500 GHS	56,558.84 NGN
1,000 GHS	113,117.69 NGN
2,500 GHS	282,794.22 NGN
5,000 GHS	565,588.45 NGN
10,000 GHS	1,131,176.90 NGN

Nigerian Naira → Ghanaian Cedi (NGN / GHS)

Wholesale Benchmark

Nigerian Naira (NGN)	Ghanaian Cedi (GHS)
1 NGN	0.01 GHS
5 NGN	0.04 GHS
10 NGN	0.09 GHS
25 NGN	0.22 GHS
50 NGN	0.44 GHS
100 NGN	0.88 GHS
200 NGN	1.77 GHS
250 NGN	2.21 GHS
500 NGN	4.42 GHS
1,000 NGN	8.84 GHS
2,500 NGN	22.10 GHS
5,000 NGN	44.20 GHS
10,000 NGN	88.40 GHS

Provider / Channel	GHS/NGN Effective Exchange Rate	Estimated Fee	Estimated Received (NGN)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	113.1177 NGN	0.00%	565,588.45 NGN	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	109.1586 NGN	~3.50%	545,792.85 NGN	-19,795.60 NGN
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	101.8059 NGN	~10.00%	509,029.60 NGN	-56,558.84 NGN

1 GHS to NGN: Ghanaian Cedi to Nigerian Naira Exchange Guide

Searches for 1 GHS to NGN or convert GHS to NGN describe the amount of Nigerian Naira received per 1 Ghanaian Cedi. At today's wholesale baseline of 1 GHS = 113.1177 NGN (inverse: 1 NGN = 0.0088 GHS), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Ghana ↔ Nigeria)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Bank of Ghana (BoG) and Central Bank of Nigeria (CBN) shape the medium-to-long term valuation of GHS/NGN.

GHS and NGN Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Ghana and Nigeria.

How the GHS to NGN Exchange Rate Works

Foreign exchange transactions between Ghana (GHS) and Nigeria (NGN) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between GHS and NGN:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Bank of Ghana (BoG) and Central Bank of Nigeria (CBN) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Ghana and Nigeria exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (NGN) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Ghanaian Cedi to Nigerian Naira Conversion

Common questions regarding Ghanaian Cedi to Nigerian Naira conversion, bank spreads, and transfer costs.

How much is 1,000 GHS in NGN today?

At the current mid-market exchange rate (1 GHS = 113.1177 NGN), 1,000 Ghanaian Cedi equals approximately 113,117.69 Nigerian Naira. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Ghanaian Cedi?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with GHS?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank of Ghana (BoG)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.