REQUEST FOR EXPRESSIONS OF INTEREST AN INDIVIDUAL CONSULTANT FOR THE PROJECT HARMONISATION OF EXISTING PAYMENTS SYSTEM INFRASTRUCTURE ACROSS ECOWAS

The West African Monetary Agency (WAMA) was mandated by the authority of Heads of States of ECOWAS to facilitate the realization of the ECOWAS Payments and Settlement Systems (EPSS) infrastructure in line with the vision to come up with a single Central Bank and a single currency. The EPSS project is the initiative to harmonize the diverse existing payments and settlement system infrastructures in ECOWAS by developing a single regional payment and settlement system. The West African Monetary Agency (WAMA) has received a grant from the African Development Bank through ADFI . The African Development Bank's financing will be used to execute the ECOWAS Payments and Settlement Systems project's Regional Instant Retail Payment System components and to finish some of the work on the Real Time Gross Settlement (RTGS) System.

Read more

REQUEST FOR EXPRESSIONS OF INTEREST A CONSULTING FIRM FOR THE PROJECT HARMONISATION OF EXISTING PAYMENTS SYSTEM INFRASTRUCTURE ACROSS ECOWAS

The West African Monetary Agency (WAMA) was mandated by the authority of Heads of States of ECOWAS to facilitate the realization of the ECOWAS Payments and Settlement Systems (EPSS) infrastructure in line with the vision to come up with a single Central Bank and a single currency. The EPSS project is the initiative to harmonize the diverse existing payments and settlement system infrastructures in ECOWAS by developing a single regional payment and settlement system. The West African Monetary Agency (WAMA) has received a grant from the African Development Bank through ADFI . The African Development Bank's financing will be used to execute the ECOWAS Payments and Settlement Systems project's Regional Instant Retail Payment System components and to finish some of the work on the Real Time Gross Settlement (RTGS) System.

Read more

Exchange Rates

Exchange rates as of 17-10-2024

Currency UCAO/WAUA USD GBP EURO
CEDI-GHS 21.26272774 15.93000031 20.73279572 17.35888672
DALASI-GMD 90.45439148 67.76828003 88.19999695 73.84695435
ESCUDO-CVE 135.0686188 101.1931915 131.7023163 110.2699966
FCFA-XOF 803.4751587 601.9622803 783.4501953 655.9569702
FRANC GUINEEN-GNF 11434.83105 8566.957031 11149.84082 9335.394531
LIBERIA DOLLAR-LRD 257.3717041 192.8224487 250.9572296 210.1182098
LEONE-SLL 30.10177422 22.55220032 29.35154915 24.57508469
NAIRA-NGN 2205.905762 1652.661011 2150.927979 1800.901123
EURO 1.224889994 0.919160008 1.196650028 1
GREAT BRITISH POUND-GBP 1.025560021 0.768029988 1 0.835666239
US DOLLAR-USD 1.334759951 1 1.302032471 1.087949872
WAUA-UCAO 1 0.749198377 0.975077033 0.816399813

Daily Rates

Cross Rates

Exchange rates as of 17-10-2024

Currency GHS GMD CVE XOF GNF SLL LRD NGN
CEDI-GHS 1 4.25412941 6.352365971 37.78796387 537.7875977 1.415706158 12.10435963 103.7452011
DALASI-GMD 0.235065714 1 1.493223429 8.882655144 126.4154282 0.332783997 2.845319986 24.38694
ESCUDO-CVE 0.157421663 0.669692159 1 5.948644161 84.6594162 0.222862825 1.905488372 16.33174133
FCFA-XOF 0.026463453 0.112578951 0.168105528 1 14.23171711 0.037464473 0.320323139 2.74545598
FRANC GUINEEN-GNF 0.00185947 0.007910427 0.011812035 0.070265591 1 0.002632463 0.022507695 0.192911103
LEONE-SLL 0.706361234 3.260014772 4.487064838 26.69195366 379.8723145 1 8.550050735 73.28158569
LIBERIA DOLLAR-LRD 0.082614861 0.351454318 0.524799824 3.121847391 44.42924881 0.116958372 1 8.570895195
NAIRA-NGN 0.009639001 0.041005556 0.061230458 0.364238203 5.183734894 0.013645993 0.116673924 1

Cross Rates

25-05-2017 Information Bulletins

WAMA BULLETIN MAY 2017

The WAMA bulletin provides information on the activities of the Agency as well as information pertaining to topical economic issues.  It is therefore a pleasure to bring you yet another edition of the bulletin. In this issue, readers will have the opportunity to take a peek into the curriculum vitae of the…

Read more

26-06-2013 Convergence Reports

ECOWAS MONETARY COOPERATION PROGRAMME FIRST HALF 2013 REPORT

World activity is expected to grow moderately in 2013, leading to a growth of rate of 2.9% against 3.2% in 2012. This growth would more or less stem from advanced countries where production is expected to increase by 1.2% in 2013 against 2.0% in 2014. The strengthening of the American…

Read more
25-08-2022
60TH ORDINARY MEETING OF THE COMMITTEE OF GOVERNORS Virtually, Chaired from Abuja, Nigeria 25 August 2022

WEST AFRICAN MONETARY AGENCY 60TH ORDINARY MEETING OF THE COMMITTEE OF GOVERNORS Virtually, Chaired from Abuja, Nigeria 25 August 2022 Remarks by Momodou Bamba Saho Director General of WAMA (As Prepared for Delivery) ▪ Chairman and Members of the Committee of Governors ▪ The Commissioner for Economic Affairs and Agriculture…

Read more
14-06-2018
Parliamentary Workshop on the Challenges and Prospects of the ECOWAS Single Currency Programme at the ECOWAS Parliament, in Abuja, Nigeria on 23 May 2018

WAMA Director General Momodou B. Saho participates in the Parliamentary Workshop on the Challenges and Prospects of the ECOWAS Single Currency Programme at the ECOWAS Parliament, in Abuja, Nigeria on 23 May 2018. Mr. Saho presented a paper on The Legal and Institutional Framework for the ECOWAS Monetary Union. The…

Read more
31-10-2016
Regional Integration in West Africa: The Need to Consolidate Gains

REMARKS BY DIRECTOR GENERAL MOMODOU BAMBA SAHO ON THE OCCASION OF THE 2016 EDUCATION CONFERENCE OF THE WEST AFRICAN INSURANCE COMPANIES ASSOCIATION HELD IN FREETOWN, SIERRA LEONE ON 31 OCTOBER 2016 PREAMBLE Thank you, President Chief Rotimi Fashiola for your invitation to participate in WAICA’s 2016 Education Conference. And my…

Read more
07-12-2023
ECOWAS MACROECONOMIC CONVERGENCE REPORT FOR 2022

In accordance with the Protocol Establishing WAMA (Decision A/Dec. 4/7/92 of the Authority of Heads of State and Government) in its Articles 3, 4, and 9 and the provisions of Supplementary Act A/SA.01/12/15 amending Decision No. A/DEC.03/06/12 on the Macroeconomic Convergence and Stability Pact (MCSP) among the ECOWAS Member States, this report assesses the macroeconomic performance and the status of convergence of ECOWAS Member States in 2022 and prospects for 2023. It proposes key policy recommendations to Member States, focusing mainly on the actions to be taken to improve their macroeconomic performance.

Read more

All Publications

Recent activities