An analysis of the Cedi’s appreciation and future sustainability
The Ghanaian Cedi has recently experienced a remarkable turnaround, shifting from being one of the world's worst-performing currencies to a top performer against major trading currencies like the US Dollar, Euro, and British Pound so far in 2025.
This significant appreciation has instilled a renewed sense of optimism and a boost in investor sentiment in Ghana's economic trajectory, providing a much-needed reprieve from persistent volatility and inflationary pressures.
This article explores the Ghana Cedi's historical performance, the factors that have accounted for its recent appreciation, and the outlook in terms of the sustainability of the recent trends.