GAB Announces New Exchange Rates

The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers yesterday, February 17, 2010. Ghana cedi equivalent of currency CURRENCY BUYING SELLING US Dollar 1.4204 1.4397 Pound Sterling 2.2401 2.2712 Swiss Franc 1.3311 1.3486 Australian Dollar 1.2784 1.2967 Canadian Dollar 1.3591 1.3774 Danish Kroner 0.2625 0.2660 Japanese Yen 0.0157 0.0160 New Zealand Dollar 1.0011 1.0168 Norwegian Kroner 0.2426 0.2456 Swedish Kroner 0.1980 0.2004 South Africa Rand 0.1855 0.1878 Euro 1.9538 1.9798 CURRENCY EQUIVALENT OF GHANA CEDI CFA 331.32 335.73 Dalasi 20.30 20.57 Ouguiya 190.89 193.49 Naira 113.76 115.31 Leon 2,906.60 2,946.13 WAUA 0.4961