CALL FOR PAPERS THE WEST AFRICAN ECONOMIC REVIEW(WAER)
The West African Monetary Agency (WAMA) is an autonomous and specialized agency of the Economic Community of West African States (ECOWAS), established in 1996 following the transformation of the West African Clearing House (WACH). The mission of the Agency is to introduce a single currency for the fifteen (15) ECOWAS Member States under the ECOWAS Monetary Cooperation Programme (EMCP). The mandates of the Agency include but not limited to the following: to enhance monetary cooperation and consultation among Member States, facilitate the harmonization and coordination of monetary and fiscal policies as well as structural adjustment programmes, ensure the monitoring, coordination and implementation of the EMCP and to initiate and promote policies and programmes relating to monetary integration in the Sub -region
Read moreExchange Rates
Exchange rates as of 19-03-2024
Currency | UCAO/WAUA | USD | GBP | EURO |
---|---|---|---|---|
CEDI-GHS | 16.85964012 | 12.66100025 | 16.13578987 | 13.79032803 |
DALASI-GMD | 89.33553314 | 67.08785248 | 85.5 | 73.07191467 |
ESCUDO-CVE | 134.8127899 | 101.2396851 | 129.0247498 | 110.2699966 |
FCFA-XOF | 801.9533691 | 602.2388916 | 767.5222778 | 655.9569702 |
FRANC GUINEEN-GNF | 11324.10645 | 8504.007813 | 10837.91797 | 9262.542969 |
LIBERIA DOLLAR-LRD | 256.4827881 | 192.6096039 | 245.4709625 | 209.7898712 |
LEONE-SLL | 30.02976227 | 22.55130005 | 28.74046516 | 24.56281662 |
NAIRA-NGN | 2093.981689 | 1572.506958 | 2004.078857 | 1712.770508 |
EURO | 1.222569942 | 0.918640018 | 1.169569969 | 1 |
GREAT BRITISH POUND-GBP | 1.044860005 | 0.785380006 | 1 | 0.855015099 |
US DOLLAR-USD | 1.331619978 | 1 | 1.273268938 | 1.088565707 |
WAUA-UCAO | 1 | 0.750964999 | 0.957066 | 0.817949057 |
Cross Rates
Exchange rates as of 19-03-2024
Currency | GHS | GMD | CVE | XOF | GNF | SLL | LRD | NGN |
---|---|---|---|---|---|---|---|---|
CEDI-GHS | 1 | 5.298779964 | 7.996184349 | 47.56645584 | 671.6694946 | 1.78116262 | 15.21282673 | 124.2008514 |
DALASI-GMD | 0.188722685 | 1 | 1.509061337 | 8.976868629 | 126.7592697 | 0.336145788 | 2.871005535 | 23.43951797 |
ESCUDO-CVE | 0.125059649 | 0.662663579 | 1 | 5.948644161 | 83.99875641 | 0.222751573 | 1.902510762 | 15.53251553 |
FCFA-XOF | 0.021023219 | 0.111397415 | 0.168105528 | 1 | 14.12065506 | 0.037445772 | 0.31982258 | 2.611101627 |
FRANC GUINEEN-GNF | 0.001488827 | 0.007888969 | 0.011904938 | 0.070818245 | 1 | 0.002651844 | 0.022649273 | 0.184913635 |
LEONE-SLL | 0.56143105 | 3.260014772 | 4.489305973 | 26.70528412 | 377.0961304 | 1 | 8.540953636 | 69.73021698 |
LIBERIA DOLLAR-LRD | 0.065734006 | 0.348310024 | 0.525621176 | 3.126733541 | 44.1515274 | 0.117082946 | 1 | 8.164218903 |
NAIRA-NGN | 0.008051475 | 0.042662993 | 0.06438107 | 0.382980108 | 5.407929897 | 0.014340986 | 0.12248569 | 1 |
21-07-2023 Communiques
Opening Remarks by Momodou Bamba Saho Director General of WAMA
WEST AFRICAN MONETARY AGENCY REGIONAL WORKSHOP ON THE HARMONIZATION OF MONETARY AND FINANCIAL STATISTICS Abuja, Nigeria, 17 to 21 JULY 2023 Opening Remarks by Momodou Bamba Saho Director General of WAMA Representative of the Governor of the Central Bank of Nigeria, Chairman of the Subcommittee, Jose Carlos Moreno-Ramirez Representatives and…
Read more25-05-2017 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 moreOpening Remarks by Momodou Bamba Saho Director General of WAMA
WEST AFRICAN MONETARY AGENCY REGIONAL WORKSHOP ON THE HARMONIZATION OF MONETARY AND FINANCIAL STATISTICS Abuja, Nigeria, 17 to 21 JULY 2023 Opening Remarks by Momodou Bamba Saho Director General of WAMA Representative of the Governor of the Central Bank of Nigeria, Chairman of the Subcommittee, Jose Carlos Moreno-Ramirez Representatives and…
Read more60TH 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 moreParliamentary 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 moreRegional 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 moreECOWAS 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 more30-06-2015 Economic Reviews
The West African Economic Review June 2015
The West African Economic Review provides a forum for the participation of all stakeholders relevant to the monetary integration process of the ECOWAS Region, in respect of providing evidence-based policy recommendations. The Review if bilingual publication (French and English) which comes out twice a year (June and December) from the…
Read more01-01-2013 Statistical Bulletins
STATISTICAL BULLETIN Volume 1 – 2013
As part of its activities, the West Africa Monetary Agency (WAMA) collects macroeconomic data from member countries’ Central Banks, Ministries of Finance and Statistical Institutes to assess the performance of each country in terms of convergence. These data are subject to serious processing for the computation of the convergence criteria…
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