The Ghana cedi has emerged as the best-performing currency in Africa for 2025, according to the International Monetary Fund (IMF). This remarkable turnaround is attributed to the country’s tight monetary and fiscal policies, increased export revenues, and improved market sentiment.
According to Forbes, the cedi’s value stands at GH¢10.93 per US dollar, making it one of the strongest currencies on the continent. The currency has appreciated by 37.4% year-to-date, as of October 17, 2025, making it the best-performing currency in Sub-Saharan Africa in the first eight months of 2025, according to the World Bank.
The IMF credits Ghana’s sharp fall in inflation to the cedi’s strong recovery and fiscal discipline. The country’s inflation has dropped to 9.4% in September 2025, the lowest level in four years. The Bank of Ghana’s active role in managing the foreign exchange market and its Domestic Gold Purchasing Programme have also contributed to the cedi’s stability.
“The cedi’s stability has been a critical anchor for Ghana’s economic turnaround,” said Dr. Adrian Alter, IMF Resident Representative to Ghana. The cedi’s performance is a testament to the country’s commitment to economic reform and prudent monetary policy.
Ghana’s economic growth has been driven by increased gold and cocoa exports, and the country’s efforts to attract foreign investment. The cedi’s strong performance is expected to continue, with the IMF predicting sustained economic growth and stability.
The Ghana cedi’s success story is a beacon of hope for other African countries, demonstrating the importance of sound economic management and policy discipline.
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Author: Korkor Anumu
