KES 500 = GHS 59.925
Convert1 KES = 0.11985 GHS | 1 GHS = 8.34376 KES
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
KES to GHS Exchange Rate Chart
1 KES = 0.11985 GHS
The exchange value of 500 KES in Ghanaian Cedi is 59.925 GHS as on Feb 14.
You can check the exchange rate of 500 Kenyan Shilling to Ghanaian Cedi by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 KES to GHS online is as follows:.
There are several online ways to convert KES to GHS.
Most banks in India allow KES to GHS conversion through their internet banking or mobile apps.
Pros:
Cons:
Apps like Wise, PayPal, and Western Union allow KES to GHS conversion quickly.
Pros:
Cons:
A Forex card is a prepaid card that holds multiple currencies, including KES.
Pros:
Cons:
Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
Pros:
Cons:
There are several offline methods to exchange KES to GHS. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your KES cash and exchange it for GHS.
Pros:
Cons:
Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline KES to GHS conversion.
Pros:
Cons:
Airports have forex counters where travelers can exchange KES to GHS.
Pros:
Cons:
Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange KES to GHS at a Hotel or Travel Agency:
Pros:
Cons:
In busy markets and tourist spots, you may find local money changers who exchange KES for GHS
Pros:
Cons:
Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
---|---|---|---|---|
Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Kenyan Shilling (KES) to Ghanaian Cedi (GHS) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
KES is a strong and widely traded currency. If the exchange rate is favorable, converting KES to GHS can give you more value for your money.
Since 1 KES equals a significantly higher amount in GHS, converting KES to GHS increases your purchasing power, allowing you to afford more goods and services in Ghana.
If you‘re an NRI, tourist, or returning from the Kenya, converting KES to GHS ensures you have local currency for daily expenses, shopping, and travel within Ghana.
Converting KES to GHS can help you invest in Ghana assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Kenya markets.
Using a direct KES to GHS 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.
For businesses involved in international trade, converting KES to GHS 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 KES to GHS exchange.
Source of the rates:apilayer.com