GBP to GHS exchange rate | Send money from United Kingdom to Ghana

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📈 UK to Ghana Money Transfer Snapshot Today

Best GBP to GHS exchange rate today: GHS 15.2331, offered by TalkRemit
Number of money transfer providers compared: 16
Exchange rate range: GHS 13.9540 to GHS 15.2331
Potential savings on GBP 1000: GHS 1,279.10
Number of deals and promo codes: 10
Mid-market^ⓘThe mid-market exchange rate (also called the interbank rate) is the real GBP to GHS exchange rate before providers add their margin or fees. exchange rate: 1 GBP = GHS 14.3388 (Updated about an hour ago)

See detailed UK to Ghana money transfer comparison below.

Money Transfer Providers that matched the search criteria

💡What today's GBP-GHS exchange rates mean for you

Compare today's GBP-GHS exchange rates and send money from UK to Ghana with confidence. View provider pricing, read detailed reviews, and discover current deals and promotional offers — all in one place.

We compared 16 providers serving this corridor today. Here is how the market looks like right now:

Today's Most Competitive UK to Ghana Providers

🥇 TalkRemit with 1 GBP = 15.2331 GHS (best GBP to GHS exchange rate today).

🥈 Dahabshiil offering 1 GBP = 15.1649 GHS.

🥉 Profee & WorldRemit are also pricing GBP-GHS competitively today.

GBP-GHS exchange rates fluctuate throughout the day, and top positions can change quickly. The best provider for a GBP 1000 transfer may not be the cheapest for larger amounts.

That's why comparing money transfer providers can significantly impact the final GHS received in Ghana.

🔄 Looking for the reverse route? Send money from Ghana to UK instead.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from UK.

👇 Look beyond today's GBP-GHS exchange rate — historical pricing trends show how they can affect the overall transfer cost of your transfer.

Whilst the exchange rate matters, long-term pricing patterns show that exchange rate markup, transfer fees, and payment and delivery methods can significantly influence your final payout.

Below, we analyze UK to Ghana historical remittance data to help you understand where costs may arise and strategies to potentially maximize your GHS payout.

Data-driven cost insights for UK to Ghana money transfers

When you send money internationally from UK to Ghana, the key factors that will influence the overall cost of your transaction are:

GBP-GHS exchange rate
Transfer fee
Payment method
Delivery method

Ideally, you would want to optimize these 4 factors to try to get the maximum GHS payout for your overseas recipient in Ghana.

Another counter-balancing aspect is money transfer speed. If you need to rush money from UK to Ghana, you may have to compromise on some or all of the above factors.

To put these factors into a better perspective with a data-driven approach, we have analyzed historical remittance pricing¹ for the UK to Ghana corridor, comparing total transfer costs, FX margins, fees, and payment and delivery methods across providers.

This historical analysis based on actual GBP-GHS transfer data could prove useful in identifying the lowest-cost funding options and payout combinations, thereby helping you reduce transfer costs and maximize the amount received.

Before we deep dive, here are the key trends from our analysis, summarized in an easy to read manner.

📌 Key insights for UK to Ghana money transfers

Typical total cost: 6.22% (range -5.89% to 42.50%, spread 48.39 pp)
Potential value difference: On a GBP 120 transfer, that spread can save you up to GBP 58.07.
FX markup (exchange rate margin): 4.59% (range -7.78% to 39.50%, spread 47.28 pp)
Average transfer fee: GBP 1.95 (range GBP 0.00 to GBP 8.90)
Cheapest payment/delivery method combo: Bank Account Transfer → Mobile Wallet (2.71% avg cost); most expensive is Cash → Cash Pickup (9.29%)
Method choice impact: Cheapest vs most expensive combo differs by about 6.58 percentage points.
Market coverage: ~17 active providers (competition level: competitive)
Typical speed: About 17 hours

What to do next: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.

Below, we provide various useful and detailed insights for UK to Ghana money transfers.

📈 GBP to GHS exchange rate markup can be the biggest hidden cost

The exchange rate on your UK to Ghana money transfers can often be the single biggest factor that will determine your overall GBP cost and your recipient's GHS payout.

To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market^ⓘThe mid-market exchange rate (also called the interbank rate) is the real GBP to GHS exchange rate before providers add their margin or fees. exchange rate and the exchange rate you receive.

Based on 526 pricing observations across 17 providers over the last 3 years (for a GBP 120 money transfer benchmark), we see the following exchange rate markup ranges for British Pound to Ghana transfers:

Average exchange rate markup: 4.59%
Median exchange rate markup: 2.56%
Lowest observed markup: -7.78%^ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts.
Highest observed markup: 39.50%

That is an FX markup spread of 47.28 percentage points between the lowest and highest observed exchange rate markups.

This spread is important because FX markup is not consistent across providers or payment methods. In other words, a "good deal" on one day or transfer amount can look very different on another.

For example, on a GBP 120 transfer, the above markup range is equivalent to roughly GHS 56.74 purely from differences in the exchange rate. That incremental saving can be GHS 141.84 for a GBP 300 transfer.

How to use this insight: When comparing providers for UK to Ghana international remittances, always compare the exchange rate you receive (not just fees). A small difference in the FX markup can outweigh fees quickly, and the impact typically grows as transfer amounts increase.

GBP to GHS exchange rate can be the single most critical cost determining factor for your transfer. When comparing providers, pay close attention to the rate you will get.

💰 Transfer fees influence your total UK to Ghana remittance cost

Whilst exchange rate is a major factor affecting total percentage cost, the transfer fee itself can also have a major impact on how much of your British Pound amount actually reaches your recipient in Ghana.

Based on 526 pricing observations across 17 providers over the last 3 years (GBP 120 benchmark), we notice the following fee patterns for British Pound to Ghana money transfers:

Average transfer fee: GBP 1.95
Median transfer fee: GBP 2.00
Lowest observed fee: GBP 0.00
Highest observed fee: GBP 8.90

On a GBP 120 transfer, the average fee amount of GBP 1.95 represents 1.63% of the total amount sent.

Looking at the overall fee variation, even if two providers provide similar exchange rates, a worst case transfer fee can reduce the final payout by GBP 8.90 on the same transfer amount.

For larger transfers, fixed fees generally become less significant as a percentage of the total amount. But for smaller transfers, fees can represent a substantial portion of total cost.

How to use this insight: For your next money transfer from UK to Ghana Cedi, look for providers that provide lower (or even 0) fees.

One caveat to this, though, is something called the hidden fee. Some providers may hide their fees by providing lower exchange rates (referred to as a hidden fee), so you should also keep an eye on rates whilst paying attention to fees.

💸 Payment and delivery methods matter for GBP-GHS remittances

Based on our detailed analysis of historical pricing on the UK to Ghana corridor, we see meaningful variation in overall cost depending on the payment method and delivery method you choose.

Based on 526 pricing observations across 17 providers over the last 3 years (GBP 120 money transfer benchmark), the lowest-cost payment and delivery options consistently differ from the highest-cost ones.

For example, here is the average cost variation for popular payment methods used to send money to Ghana from UK:

Bank Account Transfer: 4.74%
Debit Card: 6.63%
Credit Card: 6.72%
Cash: 9.29%

That is a total spread of 4.55 percentage points.

This means that on a GBP 120 GBP-GHS transfer, you could save (or lose) up to GBP 5.46 simply by choosing from amongst the available payment methods.

The savings will only multiply for higher GBP amounts.

Similarly, here is the average cost of popular delivery methods used to send money to Ghana:

Mobile Wallet: 3.56%
Bank Deposit: 4.67%
Cash Pickup: 8.23%

The difference between the above delivery methods is 4.68 percentage points.

Once again, this means that you could save up to GBP 5.61 on a GBP 120 transfer to Ghana by choosing Mobile Wallet versus Cash Pickup.

As you can imagine, the possible combinations of UK payment methods and Ghana delivery methods will all have disparate cost associated with them. Let us look at that next.

Here is a summary table that shows the average cost of payment and delivery method combinations for UK to GHS money transfers.

Payment Method	Delivery Method	Avg cost (%)
Bank Account Transfer	Mobile Wallet	2.71
Debit Card	Mobile Wallet	3.82
Credit Card	Bank Deposit	4.04
Credit Card	Mobile Wallet	4.15
Bank Account Transfer	Bank Deposit	5.09
Debit Card	Bank Deposit	5.54
Bank Account Transfer	Cash Pickup	6.56
Debit Card	Cash Pickup	8.84
Credit Card	Cash Pickup	8.85
Cash	Cash Pickup	9.29

Combinations are sorted by average total cost % (cheapest to most expensive).

As you can see, the cost differential between these GBP-GHS payment and delivery options is significant. To put this in further perspective:

Bank Account Transfer → Mobile Wallet has the lowest average cost at 2.71%.
Cash → Cash Pickup has the highest average cost at 9.29%.
Bank Account Transfer → Mobile Wallet average cost is 6.58 percentage points lower than Cash → Cash Pickup.
This means that on a GBP 120 money transfer, you could save up to GBP 11.15 simply by choosing the best payment and delivery method combo.
Further, on a GBP 300 money transfer, the savings increase to GBP 27.87.

Here is a quick summary of the average historical cost of various payment and delivery methods for GBP to Ghana money transfers.

💸 Cheapest payment and delivery methods (data-backed)

Cheapest payment method: Cost of Bank Account Transfer averaged 4.74%, compared to 9.29% for Cash, a difference of 4.55 percentage points.
Cheapest delivery method: Cost of Mobile Wallet averaged 3.56%, compared to 8.23% for Cash Pickup (4.68 percentage points higher).
Cheapest combo: Cost of Bank Account Transfer → Mobile Wallet averaged 2.71%, which is 6.58 percentage points lower than Cash → Cash Pickup (9.29%).

How to use this insight: As you compare money transfer providers for your next UK to Ghana international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.

This approach can help you avoid a common remittance pitfall of "cheap exchange rate, expensive methods" that can raise total cost even when the headline exchange rate looks attractive.

You can save money on your UK to Ghana remittances by carefully choosing the most economical payment and delivery methods.

📊 Does sending more reduce the cost of GBP-GHS money transfers?

To see if transfer cost varies based on the amount sent, we compared the average costs of sending GBP 120 vs GBP 300 from UK to Ghana.

We found that sending the higher amount (GBP 300) tends to be cheaper - average cost drops from 6.22% to 5.56%, a reduction of 0.67 percentage points.

It is possible that the cost may continue to drop for higher transfer amounts. That said, always check the latest exchange rates and fees for your transfer amount.

How to use this insight: Since it is generally cheaper to send higher British Pound amounts to Ghana, consider consolidating smaller, more frequent transfers into fewer, larger sends as doing so may reduce the total cost you pay.

🏛 How competitive is the UK to Ghana remittance market?

Based on 526 pricing observations over the last 3 years (GBP 120 money transfer benchmark), the GBP-GHS corridor is served by 17 active providers on an average.

With 17 providers serving this market, we consider the level of competition in this corridor to be competitive.

A corridor with more active providers is typically more competitive, which can translate into better pricing and more payment and delivery options for your UK to Ghana remittances.

⏱️ How fast are GBP-GHS money transfers?

Transfer speed can matter just as much as cost, especially when your recipient in Ghana needs funds urgently.

Based on 526 historical pricing observations across 17 providers over the last 3 years (GBP 120 benchmark), here is what we see for UK to Ghana transfers:

Typical transfer time: About 17 hours.
Fastest transfer time: About less than 1 hour.
Slowest transfer time: About 96 hours (~4.0 days).
Average speed at GBP 120: About 17 hours.
Average speed at GBP 300: About 17 hours.

How to use this insight: If you need to send money from UK to Ghana in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed often varies by payout method (bank vs cash vs wallet) and local rails in Ghana.

On the UK to Ghana corridor, delivery speed can vary across providers, so it is worth comparing transfer speed alongside total cost for time-sensitive money transfers.

Frequently Asked Questions about UK to Ghana money transfers

These FAQs use data from RemitFinder's historical analysis of UK to Ghana money transfers over several years.

What factors affect the total cost of sending money from UK to Ghana?

GBP-GHS exchange rate markup, transfer fees, payment method and delivery method all affect total cost.

The total cost of your GBP-GHS money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate markup applied, and any transfer fee charged by the provider. You can generally avoid overpaying by comparing various providers.

How much does the exchange rate markup affect UK to Ghana transfers?

GBP-GHS exchange rate markup can significantly affect your final payout.

Historical British Pound to GHS FX markup ranges from -7.78% to 39.50%, a spread of 47.28 percentage points. As you can see, even small differences in the exchange rate markup can easily outweigh fees.

Can GBP-GHS exchange rate markup be negative?

Yes, negative markup can occur for UK to Ghana transfers, usually representing a promotional rate.

In some cases, providers may offer promotional exchange rates that are better than the mid-market rate, resulting in a negative GBP-GHS exchange rate markup. These offers are typically limited in size, eligibility, or duration. Compare providers to see if you can take advantage of such special offers.

Is the exchange rate or the fee more important for UK to Ghana transfers?

The exchange rate markup contributes more to pricing variation for GBP-GHS transfers (and that remains true at higher amounts).

Exchange rate markup ranges from -7.78% to 39.50% (a spread of 47.28 percentage points). Transfer fees range from GBP 0.00 to GBP 8.90, which equals roughly 7.42 percentage points of a GBP 120.00 transfer.

At both GBP 120.00 and GBP 300.00, the exchange rate markup shows larger variation than the other component.

But regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for UK to Ghana transfers.

As the transfer amount increases, the % impact of fees often decreases (because the fee gets spread across a larger GBP amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.

For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate markup often becomes the bigger driver. Either way, comparing both helps you get the most GHS for your GBP.

How much can UK to Ghana transfer costs vary between providers?

Transfer costs can vary significantly depending on provider and method.

Historical transfer costs range from -5.89% to 42.50% for GBP transfers to Ghana. That is a spread of 48.39 percentage points, meaning the difference between providers can be material.

A major contributor to this variation is exchange rate markup. Markup alone ranges from -7.78% to 39.50% (a spread of 47.28 percentage points). Even small differences in FX margin, therefore, can significantly change the final GHS payout.

Why does the same GBP transfer cost different amounts when sending GHS to Ghana?

Payment method, delivery method, exchange rate markup, and fees all affect total GBP-GHS cost.

Costs vary because providers apply different British Pound exchange rate markups, charge different transfer fees, and offer different payment and delivery methods. Even small differences amongst all these factors can significantly change the final payout in GHS in Ghana.

How stable are transfer costs in the UK to Ghana corridor?

Money transfer costs can vary meaningfully across providers and methods in the UK to Ghana market.

When we analyzed the historical total cost for GBP-GHS transfers, we observed a range from -5.89% to 42.50% (48.39 percentage points), along with a variability (standard deviation) of about 6.81%.

A major driver of cost in this market is exchange rate markup. Markup ranges from -7.78% to 39.50% (47.28 percentage points), with a standard deviation of about 6.22%. Fees and method choices can contribute to further volatility.

This reinforces why comparing money transfer providers and their services can matter when it comes to getting the most of your GBP-GHS transfers.

Which payment method is cheapest for UK to Ghana remittances?

Bank Account Transfer is the cheapest payment method in UK based on average cost.

Bank Account Transfer averages 4.74% of total cost compared to Cash at 9.29%, a difference of 4.55 percentage points.

Based on this, we recommend paying for your GBP transfer with Bank Account Transfer, and avoiding Cash if possible.

Is Debit Card cheaper than Credit Card for UK to Ghana transfers?

Debit Card is cheaper on average when sending money to Ghana from UK.

For GBP-GHS transfers, Debit Card funding averages 6.63% compared to 6.72% for Credit Card payments, a difference of 0.09 percentage points.

As a result, we recommend that you avoid paying for your transfer to Ghana with a Credit Card.

Which delivery method is cheapest for GBP-GHS money transfers?

Mobile Wallet is the cheapest delivery method in Ghana on average.

Mobile Wallet averages 3.56% total cost compared to Cash Pickup at 8.23%, a spread of 4.68 percentage points.

If your recipient in Ghana can accept Mobile Wallet, we recommend choose it as your preferred delivery option for GBP-GHS transfers.

Is Bank Deposit cheaper than Cash Pickup for UK to Ghana transfers?

Bank Deposit is cheaper on average for transfers to Ghana.

For GBP transfers to Ghana, Bank Deposit averages 4.67% versus 8.23% for Cash Pickup, a difference of 3.57 percentage points. To save more, consider choosing the cheapest delivery option for Ghana.

What is the cheapest way to send money from UK to Ghana?

For GBP-GHS transfers, Bank Account Transfer → Mobile Wallet has the lowest-cost combination on average.

We evaluated 10 payment and delivery method combinations in the UK to Ghana remittance market.

Based on historical averages, Bank Account Transfer → Mobile Wallet costs about 2.71% on average. At the other end of the spectrum, Cash → Cash Pickup is the most expensive combination at about 9.29% on average.

The spread between the cheapest and most expensive method combinations is approximately 6.58 percentage points when sending GBP to Ghana.

Money transfer providers tend to price payment and delivery methods for UK to Ghana remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your GBP-GHS transfers.

Does sending more money reduce the cost for UK to Ghana transfers?

Larger GBP-GHS transfers are cheaper as a percentage on average.

The cost of a GBP 120 transfer averages 6.22% as compared to 5.56% for a GBP 300 transfer, a difference of 0.67 percentage points.

Note that transfer cost can change quickly based on the GBP amount you send, so ensure to carefully compare providers.

How long does it take to send money from UK to Ghana?

Most GBP-GHS transfers complete in about 17 hours.

Based on our analysis, the average transfer time is 17 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).

Are instant transfers available from UK to Ghana?

Yes, some transfers to Ghana from UK can complete in less than one hour.

Historical data shows that certain providers can complete transfers in under one hour.

Note that the actual speed of your GBP-GHS transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.

How competitive is the UK to Ghana remittance market?

On an average, there have been 17 active providers facilitating GBP-GHS transfers.

Based on historical data, the competition level in UK to Ghana is considered competitive with 17 active providers.

Do I risk overpaying if I do not compare providers for UK to Ghana?

The difference between providers servicing UK to Ghana can be meaningful, especially as the GBP transfer amounts increase.

Historically, total GBP-GHS transfer cost has varied by about 48.39 percentage points. On a GBP 120 transfer, that can translate to roughly GBP 58.07 in savings.

GBP-GHS exchange rate markup also varies across providers. The average markup spread has been about 47.28 percentage points. On a GBP 120 transfer, that is roughly GBP 56.74 saved from FX alone.

Fees can also make a big difference in this market. The fee difference across providers has been about GBP 8.90 traditionally.

That is why comparing providers can materially change how much of the GBP you send does your recipient receive in Ghana in Ghana.

Latest GBP to GHS Conversion Rates

Here are some latest GBP to GHS (British Pound to Ghana Cedi) exchange rates for popular conversion amounts*.

1 GBP	14.34 GHS
5 GBP	71.69 GHS
10 GBP	143.39 GHS
25 GBP	358.47 GHS
50 GBP	716.94 GHS
100 GBP	1,433.88 GHS
150 GBP	2,150.82 GHS
200 GBP	2,867.76 GHS
250 GBP	3,584.70 GHS
300 GBP	4,301.64 GHS
400 GBP	5,735.52 GHS
500 GBP	7,169.40 GHS
600 GBP	8,603.28 GHS
700 GBP	10,037.16 GHS
800 GBP	11,471.04 GHS
1000 GBP	14,338.80 GHS
1500 GBP	21,508.20 GHS
2000 GBP	28,677.60 GHS
2500 GBP	35,847.00 GHS
3000 GBP	43,016.40 GHS
4000 GBP	57,355.20 GHS
5000 GBP	71,694.00 GHS
10000 GBP	143,388.00 GHS
15000 GBP	215,082.00 GHS
20000 GBP	286,776.00 GHS
30000 GBP	430,164.00 GHS
40000 GBP	573,552.00 GHS
50000 GBP	716,940.00 GHS
100000 GBP	1,433,880.00 GHS

*Based on the Mid-market^ⓘThe mid-market exchange rate (also called the interbank rate) is the real GBP to GHS exchange rate before providers add their margin or fees. Exchange Rate. Actual payout may vary based on the chosen money transfer provider.

Other popular countries to send money from UK

¹ Based on 526 pricing observations across 17 firms over the last 3 years for a GBP 120 money transfer from UK to Ghana. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.

How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the UK to Ghana remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.

Compare today's GBP to GHS (British Pound to Ghana Cedi) exchange rates