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 15-10-2024

Currency UCAO/WAUA USD GBP EURO
CEDI-GHS 21.37073517 15.97000027 20.85906219 17.46788597
DALASI-GMD 91.56224823 68.422966 89.37000275 74.84060669
ESCUDO-CVE 134.9076233 100.8142624 131.6775818 110.2699966
FCFA-XOF 802.5174561 599.7081909 783.3030396 655.9569702
FRANC GUINEEN-GNF 11465.89844 8568.27832 11191.37402 9371.928711
LIBERIA DOLLAR-LRD 257.4755249 192.4072571 251.3108826 210.4538269
LEONE-SLL 30.25491142 22.60899925 29.53052711 24.72958183
NAIRA-NGN 2145.209473 1603.079956 2093.847412 1753.438721
EURO 1.223430037 0.916000009 1.195799947 1
GREAT BRITISH POUND-GBP 1.024530053 0.765929997 1 0.836260259
US DOLLAR-USD 1.338179946 1 1.305602312 1.091703057
WAUA-UCAO 1 0.747283638 0.976057291 0.81737411

Daily Rates

Cross Rates

Exchange rates as of 15-10-2024

Currency GHS GMD CVE XOF GNF SLL LRD NGN
CEDI-GHS 1 4.284468651 6.312727451 37.5521698 536.5233765 1.415717006 12.04804325 100.3807144
DALASI-GMD 0.233401164 1 1.47339797 8.764719963 125.2251816 0.330429971 2.812027216 23.42897606
ESCUDO-CVE 0.158410132 0.678703249 1 5.948644161 84.99073792 0.224263906 1.908532143 15.90132236
FCFA-XOF 0.026629619 0.114093773 0.168105528 1 14.2874136 0.037700005 0.320834816 2.673100233
FRANC GUINEEN-GNF 0.001863852 0.007985614 0.011765988 0.069991678 1 0.002638686 0.022455765 0.187094763
LEONE-SLL 0.70635587 3.260014772 4.459032059 26.52519608 378.9764404 1 8.510206223 70.9045105
LIBERIA DOLLAR-LRD 0.083001032 0.355615318 0.523962915 3.116868973 44.53199387 0.117505968 1 8.331702232
NAIRA-NGN 0.009962073 0.042682189 0.062887855 0.374097466 5.344885349 0.014103476 0.120023489 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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