http://travel-to-ghana.blogspot.com/2011/10/money-exchange-for-ghana-services-money.html
Money Exchange for Ghana -Services - Money
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Currency information:
Ghana Cedi (GHS; symbol ¢) = 100 Ghana pesewas. Notes are in denominations of ¢50, 20, 10, 5 and 1. Coins are in denominations of ¢1 and 50, 20, 10, 5 and 1 pesewas.
Credit cards:
Credit cards (mainly American Express, Mastercard, Diners Club and Visa) are accepted by leading hotels, restaurants, banks, businesses and some shops. Some banks may give cash advances against leading cards. However, those using credit cards should be aware that credit card fraud is common. In large urban areas such as Accra and Kumasi ATMs are commonplace.
ATM:
In large urban areas such as Accra and Kumasi ATMs are commonplace.
Travellers cheques:
To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling. Traveller's cheques can be exchanged in large hotels, banks and foreign exchange bureaux.
Banking hours:
Mon-Thurs 0800-1400; Fri 0800-1500.
Currency restriction:
The import of local currency is limited to the amount previously taken out of the country and declared. The import of foreign currency is unlimited, but must be declared upon arrival. The export of local currency is limited to ¢1,000. The export of foreign currency is limited to US$5,000 or equivalent.
Currency exchange:
The exchange rate system has been liberalised and foreign currency is freely available through authorised dealers including banks and foreign exchange bureaux. Cash is exchanged at a more preferential rate than traveller's cheques.
