What you earn is set in dollars, euros or pounds. What you spend is paid in cedis. The exchange rate decides what’s left. Built to manage that currency risk for Ghanaian exporters, noeud values what you’re owed in cedis from the day you invoice, shows what a move could cost against the tolerance you set, and lets licensed banks bid when you convert.
Liquidated at a competitive bid. 34 pesewas more on every dollar.
Export treasury fact
“On $2M in annual export receipts, a 20 pesewas improvement in your conversion rate unlocks an extra GH₵400,000 in domestic working capital.”
Built for organisations paid in foreign currency with costs in cedis: firms paid by clients abroad, NGOs and programmes funded in dollars, euros or pounds, tour operators paid ahead of travel, and exporters of processed cocoa, cashew, shea and manufactured goods. Typically $600,000 to $60 million a year.
What every open invoice and grant tranche is worth in cedis today, not on the day you convert.
Measured against the tolerance you set, not against a forecast.
When you decide to convert, licensed banks bid side by side, and your own bank can match the best bid.
Every bid, rate and charge documented, for your board, your auditor, your funders and you.
Valued at USD/GHS 11.62 · EUR/GHS 13.22 · Illustrative figures.
USD 250,000 · due in 41 days
Risk to the conversion date, not a forecast of the rate. Illustrative figures.
Firm, all-in bids · GHS per USD
Your bank matched. The conversion stays with your bank; nothing moves.
Against your bank’s first bid: GHS 5,000 more.
Illustrative figures.
USD 250,000
Illustrative figures.
Have more questions? Don’t hesitate to email us:
No. They keep paying the account they pay today.
No. Your bank sees the best competing bid and can match it.
That’s your decision, within Bank of Ghana’s rules. noeud shows what each receivable is worth in cedis and what a move could cost against your tolerance; it doesn’t tell you when to convert.
Yes. If your funding arrives in foreign currency and your costs are in cedis, you carry the same exposure.
Your open invoices and confirmed grant tranches: client or funder, currency, amount, expected date. A spreadsheet is enough.
For Ghanaian businesses and organisations paid in dollars, euros or pounds, with costs in cedis. Tell us how you’re paid and we will set up your pilot.
