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.

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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.

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Exchange Rates

Exchange rates as of 06-11-2024

Currency UCAO/WAUA USD GBP EURO
CEDI-GHS 21.80746651 16.35000038 21.24676514 17.81655693
DALASI-GMD 92.15956116 69.09600067 89.79000092 75.29375458
ESCUDO-CVE 134.9704742 101.1931992 131.5001831 110.2699966
FCFA-XOF 802.8913574 601.9623413 782.2478638 655.9569702
FRANC GUINEEN-GNF 11420.6416 8562.548828 11127 9330.589844
LIBERIA DOLLAR-LRD 253.5983582 190.1336517 247.0779724 207.1882019
LEONE-SLL 30.06816101 22.54339981 29.29506493 24.56549072
NAIRA-NGN 2226.636963 1669.406006 2169.386963 1819.147949
EURO 1.223999977 0.917339981 1.191769958 1
GREAT BRITISH POUND-GBP 1.026389956 0.769649982 1 0.839088082
US DOLLAR-USD 1.333789945 1 1.299291849 1.090108395
WAUA-UCAO 1 0.749743223 0.974288523 0.816993475

Daily Rates

Cross Rates

Exchange rates as of 06-11-2024

Currency GHS GMD CVE XOF GNF SLL LRD NGN
CEDI-GHS 1 4.226055145 6.189186573 36.81726837 523.7033081 1.378801227 11.62896919 102.1043396
DALASI-GMD 0.236627296 1 1.464530468 8.711970329 123.9224854 0.326261997 2.751731634 24.16067314
ESCUDO-CVE 0.161572114 0.682812691 1 5.948644161 84.61585236 0.222775832 1.878917217 16.49721527
FCFA-XOF 0.027161166 0.114784591 0.168105528 1 14.22439194 0.037449852 0.315856367 2.773272991
FRANC GUINEEN-GNF 0.001909478 0.008069561 0.011818117 0.070301771 1 0.002632791 0.022205263 0.194966018
LEONE-SLL 0.725267708 3.260014772 4.488817215 26.70237732 379.8250732 1 8.434116364 74.05297852
LIBERIA DOLLAR-LRD 0.085992143 0.363407552 0.532221437 3.165995836 45.03436661 0.118566073 1 8.780171394
NAIRA-NGN 0.009793903 0.041389573 0.060616292 0.360584766 5.129098892 0.013503845 0.113892995 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…

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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…

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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…

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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…

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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…

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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.

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