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INR to GHS: Indian Rupee to Ghanaian Cedi

Live INR to GHS exchange rate today - 1 INR equals 0.1190 GHS, with an instant two-way converter for Indian Rupee to Ghanaian Cedi.

Today's INR to GHS Exchange Rate

1 INR = 0.118970 GHS

1 GHS = 8.4055 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.1190 Ghanaian Cedi

Last updated: September 3, 2026

This INR to GHS rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Ghanaian Cedi (GHS) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is GHS (Ghanaian Cedi)?

A managed float that has experienced significant depreciation and periods of high inflation in recent years, alongside an IMF program aimed at economic stabilization.

Key Facts

  • ISO code: GHS
  • Symbol: โ‚ต
  • Subunit: 100 pesewas = 1 cedi
  • Issued by: Bank of Ghana

Why Does the INR/GHS Exchange Rate Change?

The INR/GHS rate moves every trading day, driven mainly by:

  • Bank of Ghana interest rate decisions.
  • Ghana's gold and cocoa export revenue, its two largest traditional foreign currency earners.
  • Ghana's ongoing IMF program and debt restructuring, both aimed at economic stabilization after a period of high inflation and currency depreciation.
  • Global gold prices, given Ghana's position as a major African gold producer.
  • India-Ghana trade, notably gold and cocoa-related trade flows.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Why has the Ghanaian Cedi depreciated so much in recent years?

A combination of high government debt, elevated inflation and reduced investor confidence led to sharp cedi depreciation, prompting an IMF program and debt restructuring aimed at stabilizing the currency and Ghana's broader public finances.

Is the Ghanaian Cedi pegged to the US Dollar?

No, it's a managed float overseen by the Bank of Ghana, which intervenes at times but doesn't target a fixed rate.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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