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500 GHS to PEN - Ghanaian Cedi to Peruvian Nuevo Sol Exchange Rate

GH₵
GHS - Ghanaian CediDown Arrow
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PEN - Peruvian Nuevo SolDown Arrow
Exchange Rate

GHS 500 = PEN 120.195

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1 GHS = 0.24039 PEN | 1 PEN = 4.15991 GHS

Last Updated Feb 14, 5:30 IST

GHS 500 =PEN 120.195

1 GHS = 0.24039 PEN
1 PEN = 4.15991 GHS
Convert
Last Updated Feb 14, 5:30 IST
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Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.

1 GHS to PEN Exchange Rate Last 5 Days
Date
Peruvian Nuevo Sol Price
Feb 13, 2025
0.240402077244716
Feb 12, 2025
0.2403471790424532
Feb 11, 2025
0.2394293599287242
Feb 10, 2025
0.2394345559831734
Feb 9, 2025
0.2405336522619997

GHS to PEN Exchange Rate Chart

online1 GHS = 0.24039 PEN

  • 1 Week
  • 1 Month
  • 1 Year
Currency Information
GHS - Ghanaian Cedi
Our currency rankings show that the most popular Ghanaian Cedi exchange rate is the GHS to PEN rate. The currency code for Ghanaian Cedi is GHS. The currency symbol is GH₵.
More Ghanaian Cedi inforight-arrow
PEN - Peruvian Nuevo Sol
Our currency rankings show that the most popular Peruvian Nuevo Sol exchange rate is the PEN to GHS rate. The currency code for Peruvian Nuevo Sol is PEN. The currency symbol is S/..
More Peruvian Nuevo Sol inforight-arrow
1 Ghanaian Cedi to Peruvian Nuevo Sol stats
Last 30 Days
Last 90 Days
High
0.252
0.256
Low
0.239
0.238
Average
0.244
0.248
Volatility
0.49%
0.45%

How much is 500 GHS in Peruvian Nuevo Sol

The exchange value of 500 GHS in Peruvian Nuevo Sol is 120.195 PEN as on Feb 14.

How to check the exchange rate of 500 GHS to PEN with Paytm

You can check the exchange rate of 500 Ghanaian Cedi to Peruvian Nuevo Sol by using the Paytm currency exchange rate calculator.

All you need to do to see the exchange 500 GHS to PEN online is as follows:.

  • Navigate to the Paytm currency calculator page.
  • Enter the amount 500 in the Amount section and
  • Select the currency GHS - Ghanaian Cedi in the "From" section
  • Select PEN - Peruvian Nuevo Sol in "To" section
  • Finally, click "Convert" to see the 500 GHS to PEN conversion amount.

Methods to Convert (GHS) to Peruvian Nuevo Sol (PEN) Online

There are several online ways to convert GHS to PEN.

1. Online Banks

Most banks in India allow GHS to PEN conversion through their internet banking or mobile apps.

Steps to Convert GHS to PEN via Online Banking:

  1. Log in to your bank account.
  2. Select "Forex Services" or "Currency Exchange."
  3. Enter the GHS amount you want to convert.
  4. Check the exchange rate.
  5. Confirm and complete the transaction.

Pros:

  • Safe and secure.
  • Money gets credited directly to your account.
  • No hidden fees.

Cons:

  • Banks may offer lower exchange rates.
  • The process can take a few hours to a few days.

2. International Money Transfer Apps

Apps like Wise, PayPal, and Western Union allow GHS to PEN conversion quickly.

Steps to Convert GHS to PEN via international money transfer apps:

  1. Create an account in any app and log in.
  2. Enter the GHS amount you want to convert.
  3. Choose PEN as the receiving currency.
  4. Add the recipient‘s Indian bank details.
  5. Check the exchange rate and fees.
  6. Confirm and transfer.

Pros:

  • Better exchange rates than banks.
  • Fast transfers (few minutes to hours).
  • Small and transparent fees.

Cons:

  • Requires verification for large amounts.

3. Forex Cards

A Forex card is a prepaid card that holds multiple currencies, including GHS.

Steps to Convert GHS to PEN via Forex Card:

  1. Get a Forex card from a bank or travel agency.
  2. Load it with GHS before traveling.
  3. Use it at ATMs in India to withdraw PEN.
  4. The card automatically converts GHS to PEN at the time of withdrawal.

Pros:

  • Safer than carrying cash.
  • Good exchange rates.
  • Can be used multiple times.

Cons:

  • Some banks charge ATM withdrawal fees.
  • Limited to international travelers.

4. Cryptocurrency Exchanges

Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.

Steps to Convert GHS to PEN via Crypto:

  1. Buy Bitcoin (BTC) with GHS on a crypto exchange.
  2. Transfer the BTC to an Indian exchange.
  3. Sell it for PEN.
  4. Withdraw PEN to your bank account.

Pros:

  • Fast transactions.
  • Good for high amounts.
  • Some platforms offer zero fees.

Cons:

  • Cryptocurrency prices fluctuate.
  • May not be legal in all countries.

Places to Convert GHS to PEN Offline

There are several offline methods to exchange GHS to PEN. Let‘s explore them.

1. Banks

Banks offer currency exchange services at competitive rates. You need to visit a branch with your GHS cash and exchange it for PEN.

Steps to Exchange GHS to PEN at a Bank:

  1. Visit a bank branch that offers forex services.
  2. Carry your passport, visa, and ID proof (for foreigners).
  3. Fill out the currency exchange form.
  4. Hand over the GHS cash.
  5. Receive PEN in cash or your bank account.

Pros:

  • Safe and reliable.
  • Better exchange rates than airports.
  • Direct deposit option available.

Cons:

  • Limited working hours.
  • Requires documents for verification.

2. Currency Exchange Centers

Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline GHS to PEN conversion.

Steps to Exchange GHS to PEN at an Exchange Center:

  1. Visit a licensed money exchange center.
  2. Show your passport and ID proof.
  3. Provide the GHS cash for exchange.
  4. Receive PEN at the given exchange rate.

Pros:

  • Quick and easy.
  • Available in major cities and tourist areas.
  • Competitive exchange rates.

Cons:

  • Some centers charge extra service fees.
  • Not available in remote areas.

3. Airport Currency Exchange Counters

Airports have forex counters where travelers can exchange GHS to PEN.

Steps to Exchange GHS to PEN at an Airport:

  1. Locate the currency exchange counter at the airport.
  2. Show your passport and travel documents.
  3. Hand over GHS and receive PEN instantly.

Pros:

  • Convenient for travelers.
  • Open 24/7 in major airports.

Cons:

  • Higher exchange rates compared to banks.
  • Extra service fees.

4. Hotels and Travel Agencies

Some hotels and travel agencies offer currency exchange services for guests.

Steps to Exchange GHS to PEN at a Hotel or Travel Agency:

  1. Check if your hotel or travel agency provides forex services.
  2. Provide your passport and GHS cash.
  3. Receive PEN based on their exchange rate.

Pros:

  • Very convenient for travelers.
  • No need to visit a bank or forex center.

Cons:

  • Higher exchange rates.
  • Limited availability.

5. Local Money Changers

In busy markets and tourist spots, you may find local money changers who exchange GHS for PEN

Steps to Exchange GHS to PEN at a Local Money Changer:

  1. Find a trusted local money changer.
  2. Negotiate the exchange rate if possible.
  3. Provide GHS and receive PEN.

Pros:

  • Quick and easy.
  • Sometimes better rates than banks.

Cons:

  • Risk of fraud or counterfeit PEN.
  • No official receipt or record.

Documents Required for GHS to PEN Exchange

Most offline exchanges require identity proof. Here are the common documents needed:

Document TypeRequired For
PassportAll exchanges (mandatory for foreigners)

Always carry a valid ID when exchanging currency.

Tips to Get the Best Exchange Rate for converting GHS to PEN

  1. Compare Rates: Use online comparison tools to check the best GHS to PEN rates before converting.
  2. Avoid Weekends: Exchange rates are higher on weekends due to market closure.
  3. Use Low-Fee Platforms: Choose platforms like Wise or Forex cards to reduce extra charges.
  4. Avoid Airport Exchanges: Airport forex counters have the worst exchange rates.
  5. Convert Larger Amounts: Some platforms offer better rates for higher amounts.
  6. Negotiate: At local money changers, you may get a better rate if you negotiate.
  7. Check for Hidden Fees: Ask about service charges before exchanging.
  8. Verify the Notes: Always count your PEN and check for fake currency.
  9. Use Official Channels: Avoid unlicensed money changers to prevent scams.

Fees and Charges for converting GHS to PEN

MethodExchange RateTransfer FeeAvailabilitySpeed
Bank TransferLowLowLimited hours1-3 days
Any Third Party AppHighLow24/7Instant/Few minutes
Forex CardMediumLow24/7Instant
Crypto ExchangeHighLow24/7Few minutes
Exchange CentersGoodMediumWidely availableFew minutes
Airport CountersHighHigh24/7 at airportsFew minutes
Hotels/AgenciesVery HighMediumOnly for guestsFew minutes
Local Money ChangersVariesLowRisky but quickFew minutes

Benefits of GHS to PEN Conversion

Converting Ghanaian Cedi (GHS) to Peruvian Nuevo Sol (PEN) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:

1. Favorable Exchange Rates

GHS is a strong and widely traded currency. If the exchange rate is favorable, converting GHS to PEN can give you more value for your money.

2. Higher Purchasing Power in Peru

Since 1 GHS equals a significantly higher amount in PEN, converting GHS to PEN increases your purchasing power, allowing you to afford more goods and services in Peru.

3. Supports Travel and Expenses in Peru

If you‘re an NRI, tourist, or returning from the Ghana, converting GHS to PEN ensures you have local currency for daily expenses, shopping, and travel within Peru.

4. Investment Opportunities

Converting GHS to PEN can help you invest in Peru assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Ghana markets.

5. Savings on Transaction Fees

Using a direct GHS to PEN conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.

6. Business and Trade Advantages

For businesses involved in international trade, converting GHS to PEN at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.

By choosing the right conversion method and timing, you can maximize the benefits of GHS to PEN exchange.

Frequently Asked Questions

FAQs

Can I convert GHS to PEN without a bank account?
Yes, you can use forex cards, international wallets, or cash exchanges.
How long does it take to convert GHS to PEN online?
It depends on the method: • Bank Transfers: 1-3 days • Wise & PayPal: A few minutes to hours • Crypto: A few minutes • Forex Cards: Instant at ATMs
Is it safe to convert GHS to PEN online?
Yes, but use trusted platforms like banks, Wise, or PayPal. Avoid unknown websites to prevent fraud.
Are there any hidden charges?
Always check for: • Transfer fees • Conversion charges • GST or other taxes • Bank charges (for wire transfers)
Can I exchange GHS to PEN without a passport?
Most licensed exchanges require a passport, especially for large amounts. Small amounts may be exchanged with an Aadhaar or PAN card.
How much GHS can I exchange at a time?
There is no strict limit, but heavy transactions may require extra documentation and approval from respective authorities.
Is it safe to exchange money at local money changers?
It can be risky. Always choose a trusted and licensed money changer to avoid scams.
Do banks offer the best exchange rates?
Banks usually offer better rates than airports and hotels, but money exchange centers might have even better deals.
What should I do if I receive fake PEN notes?
If you suspect fake notes, inform the exchange center immediately and report it to the local police if necessary.
What is the 500 Ghanaian Cedi (GHS) worth against the Peruvian Nuevo Sol?
500 GHS is worth 120.195 Peruvian Nuevo Sol today
What is the 25 Ghanaian Cedi (GHS) worth against the Peruvian Nuevo Sol?
25 GHS is worth 6.010 Peruvian Nuevo Sol today
What is the 1 Ghanaian Cedi (GHS) worth against the Guatemalan Quetzal?
1 GHS is worth 0.5001361563294582 GTQ today
What is the strongest currency in the world right now?
Despite being the most traded and powerful currency in the world, the US dollar may not be the most expensive. On the other hand, Kuwait's strong economy has made the Kuwaiti dinar (KWD) the world's most valuable currency. 1 KWD = $3.26.
What is the top 10 highest currency in the world?
Kuwaiti Dinar, Bahraini Dinar, Omani Rial, Jordanian Dinar, British Pound Sterling, Cayman Islands Dollar, European Euro, Swiss Franc, US Dollar, and Canadian Dollar are the top ten most valuable currencies in the world.
Which is the lowest currency in the world?
The Iranian Rial is the world's most affordable currency.

Source of the rates:apilayer.com

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