When the Cedi Moves, Everyone Feels It

By Hotdigitalonline Desk – Accra | October 2025

You’ve probably heard people say, “The cedi is up again,” or “Eii, the dollar rate has dropped.”
But what does all that really mean for you, whether you’re buying food in Madina, running a shop in Kumasi, or sending money home from London?

Let’s break it down.

When the Cedi Falls, Prices Rise

Imagine you sell rice or bread. The rice is imported, the flour is imported, and when the cedi loses value, it costs more to bring those things into Ghana.

So your supplier pays more, and you pay more too.
That’s why the price of simple items like gari, milk, cooking oil, and cement keeps changing.
The weaker the cedi, the more “expensive” your life becomes, even if you haven’t done anything different.

And when the cedi goes up again (becomes stronger), prices don’t always fall quickly because sellers want to be sure it’s not just a short-term thing.

For Those Abroad: Why Your Family Gets Less

If you live abroad and send money home, you’ve probably noticed your £100 or $100 doesn’t stretch as far anymore.

A few months ago, that same £100 you sent to your mother might have been worth ₵1600.
Now it might only give ₵1200.
She still gets the money, but its power to buy food, fuel, or school fees has dropped.

That’s not because you’re sending less, it’s because the exchange rate changed.
When the cedi gets stronger, families in Ghana receive fewer cedis for every pound or dollar.

So, for many in the diaspora, it feels like they’re working harder but helping less.

Why a Stable Cedi Helps Everyone

A strong and stable currency means:

• Traders can plan.
• Workers know what their salary is really worth.
• Families abroad know how much to send.
• Businesses can invest without fear that next month’s costs will skyrocket.

When the cedi jumps up and down, confidence disappears, and people start hoarding dollars, which only makes the situation worse.

What Ghana Can Do

Economists say stability won’t come overnight, but it’s possible if Ghana:

• Keeps spending within its means;
• Earns more from what it produces (like gold, cocoa, and digital exports);
• Reduces how much it depends on imports; and
• Builds trust so investors and traders don’t panic every time the rate shifts.

Hotdigitalonline’s Take

Money isn’t just numbers, it is peace of mind.
When the cedi is steady, life feels predictable. Parents can budget, shopkeepers can stock, and families abroad can send money without worrying that their loved ones will lose out.

For Ghana, a stable cedi means a stable life at home and across the diaspora.