Ghana’s national currency, the cedi, has emerged as the strongest-performing currency on the African continent for the first eight months of 2025, according to the latest World Bank report on Cedi performance Africa.

The World Bank noted that the cedi showed remarkable resilience against major global currencies, maintaining stability despite global economic challenges. This performance placed Ghana ahead of several African economies struggling with currency depreciation.

Economic analysts attribute the cedi’s stability to sound monetary policies implemented by the Bank of Ghana and improved investor confidence in the country’s economy. The report emphasized that fiscal discipline, foreign exchange management, and stronger export inflows also contributed to this outstanding performance.

In previous years, the cedi faced significant depreciation pressures, but the 2025 turnaround marks a positive shift in Ghana’s financial outlook. Experts say this development reflects growing confidence in Ghana’s reform agenda and its potential for sustained growth.

The World Bank further projected that if current measures are maintained, the cedi could continue to perform strongly throughout the rest of the year.