EUR to GHS Exchange Rate - Convert Euro to Ghanian cedi

Converting from Euro (EUR) to Ghanaian Cedi (GHS)

What is Euro (EUR)

The Euro (EUR) is the official currency used by 19 of the 27 member countries of the European Union, making it one of the most widely used currencies in the world. As an important global currency, the Euro is often involved in international trade and finance. It was introduced in 1999 as a virtual currency and became physical currency in 2002, replacing various national currencies like the German Mark and the French Franc.

The Euro symbolizes economic cooperation and integration within Europe, facilitating trade and investment among member countries. Its value can fluctuate based on various factors, including economic indicators, political stability, and global market trends. The Euro is subdivided into 100 cents, and its symbol is €.

When converting from Euro to other currencies, such as the Ghanaian cedi, understanding the exchange rate is crucial. This rate indicates how much one currency is worth in comparison to another, often changing based on market dynamics. As a major currency, the Euro often has a strong influence on global markets, and its exchange rate can significantly affect the value of the GHS when traded.

What is Ghanaian Cedi (GHS)

The Ghanaian cedi (GHS) is the official currency of Ghana. It was first introduced in 2007, replacing the previous currency, the Ghanaian cedi (GHC), at a rate of 1 GHS to 10,000 GHC. The cedi is named after the cowrie shell, which was historically used as a form of currency in Ghana and other West African nations. The GHS is subdivided into 100 greater units called "gana."

Ghana's economy has been experiencing growth, and the cedi reflects the economic conditions of the country. Factors such as inflation rates, political stability, and foreign investment can affect the strength of the cedi against other currencies like the Euro.

When converting Euros to Ghanaian cedis, it is essential to consider the exchange rate, which can fluctuate daily. For instance, if the current exchange rate is 1 EUR = 7 GHS, this means that for every Euro exchanged, a person would receive 7 Ghanaian cedis. Exchange rates are usually quoted in financial news and can be checked through banks or currency exchange services.

To summarize, converting from Euro (EUR) to Ghanaian cedi (GHS) involves understanding the two currencies' definitions, their economic contexts, and the current exchange rates. This knowledge is vital for individuals and businesses engaging in international transactions, ensuring they make informed decisions when dealing with both currencies.

Euro to Ghanian cedi conversion table

EUR to GHS conversion table

Euro (EUR)Ghanian cedi (GHS)
1 EUR17.57700634453 GHS
2 EUR35.15401268906 GHS
3 EUR52.73101903359 GHS
4 EUR70.30802537812 GHS
5 EUR87.88503172266 GHS
6 EUR105.46203806719 GHS
7 EUR123.03904441172 GHS
8 EUR140.61605075625 GHS
9 EUR158.19305710078 GHS
10 EUR175.77006344531 GHS
100 EUR1 757.7006344531 GHS
200 EUR3 515.40126890621 GHS
300 EUR5 273.10190335931 GHS
400 EUR7 030.80253781241 GHS
500 EUR8 788.50317226552 GHS
600 EUR10 546.20380671862 GHS
700 EUR12 303.90444117172 GHS
800 EUR14 061.60507562483 GHS
900 EUR15 819.30571007793 GHS
1 000 EUR17 577.00634453103 GHS
2 000 EUR35 154.01268906207 GHS
5 000 EUR87 885.03172265517 GHS
10 000 EUR175 770.06344531033 GHS
20 000 EUR351 540.12689062067 GHS
50 000 EUR878 850.31722655167 GHS
100 000 EUR1 757 700.63445310333 GHS
Last updated April 17, 2025 at 10:55 PM