The Bank of Ghana USD/GHS interbank mid exchange rate on 31 December 2027

My most likely value for the Bank of Ghana USD/GHS rate on 31 December 2027 is 12.6 cedis per dollar, anchored near BMI's forecast as reserve-building and debt payments drive depreciation.

This forecast is intended to test how Ghana's end-2027 exchange rate varies conditional on calendar-2027 cocoa export receipts, using existing Mantic forecast 434148 as the conditioning forecast. Research should examine cocoa export receipts and their contribution to foreign-exchange supply alongside gold exports, remittances, energy imports, official financing, monetary policy and the global dollar. Do not assume the cocoa condition's effect or treat conditional association as an isolated causal estimate.

Resolve to the Bank of Ghana's published USDGHS interbank Mid Rate dated 31 December 2027, expressed as Ghanaian cedis per US dollar. Use the USD row's Mid Rate field, not the buying rate, selling rate, a retail/forex-bureau quote or an annual average. If no rate is published for that date because it is not a reporting day, use the last published daily observation dated on or before 31 December 2027. Use the first published daily observation for the chosen date; ignore subsequent revisions. Primary sources: https://www.bog.gov.gh/treasury-and-the-markets/daily-interbank-fx-rates/ and https://www.bog.gov.gh/treasury-and-the-markets/historical-interbank-fx-rates/ . A higher value means a weaker cedi. Adjust historical and resolution values consistently if a currency redenomination occurs.