How to send money to Ghana from Denmark with the best DKK-GHS rate

Comparing based on your specific needs is the best way to send money from Denmark to Ghana with confidence.

For DKK/GHS

• Wise is our top pick for sending Danish Krone to Ghana. For example, sending 50,000 DKK to GHS will cost you kr751.89 in fees, and you will receive 89,087.37 GHS.

• We would recommend Regency FX for low cost, affordable transfers from Ghan Cedis to Ghana. We found that Regency FX is 1.56% cheaper than the second-best option. The cost is a combination of a fee of 0 DKK and an exchange rate for converting Danish Krone to Ghan Cedi that is 0.27% different to the mid-market rate.

• Fastest way to send money to Ghana from Denmark is with Revolut. For example, if you send 50,000 DKK with Revolut to Ghana, the transfer time is within minutes based on our data.

Our analysis, and search results, include 4 providers that operate between Denmark and Ghana. These are ranked by speed, overall cost and ease of use.

Through this, you get a comprehensive view of all the options you have in Denmark when you need to send money to Ghana.

The exchange rate determines the price you’ll pay for Ghan Cedi when you send Danish Krone to Ghana.

The current exchange rate between the Danish Krone and Ghan Cedi is 1.7674, and it constantly fluctuates.

When calculating the cost of sending money from Denmark to Ghana, a combination of fees and exchange rates ensure the best deal:

• The Mid-Market and Exchange Rates: The current DKK-GHS mid-market rate is 1.7674 GHS per Danish Krone. Finding a provider as close to this number as possible will ensure more Ghan Cedi for your money.

• Fees: Transfer fees are charged on top of a transfer. Regency FX currently offers the lowest fees of 0 DKK per transfer (based on kr50,000 transfer). Although, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The total amount received in Ghan Cedi is the biggest indicator in the total cost of sending money to Denmark from Ghana. The higher the total amount received in Ghana, the lower the cost of sending from Denmark.

It’s possible that waiting a day or two can help you get more GHS for the same amount of Danish Krone. But, the best way to lock in a price between Denmark and Ghana is by using a forward contract.

A bank transfer is our recommended option for money transfers between Denmark and Ghana. Regency FX offers the best price on a bank transfer.

Here are all the ways to send money from Denmark to Ghana:

Bank transfers

Bank transfers are often the best payment method for money transfers from Denmark to Ghana.

A money transfer company like Regency FX offer bank transfers between Denmark and Ghana with lower fees and better exchange rates than you would get from a traditional bank.

On average, Regency FX is the cheapest provider for bank transfers of the 4 we tested when sending DKK to Ghana.

Debit and prepaid cards

Sending money from Denmark to Ghana with a debit or a prepaid card is very simple with Wise.


Wise is a leader in debit card payments for transfers from Denmark to Ghana, competing among a total of 4 active money transfer companies on this route.

Credit cards

We recommend avoiding credit cards where possible due to a lack of support and high fees.

If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.

Always choose providers that are regulated by financial authorities in both Denmark and Ghana to ensure funds are protected.

Please refer to our directory of financial regulators worldwide for key regulatory bodies for money transfers between Denmark and Ghana.

Some services have minimum or maximum thresholds on how much you can transfer from Denmark to Ghana.

Companies will offer different rates and fees for different transfer amounts. Some companies will become more expensive after certain thresholds are hit.

We’d recommend using Wise if you need to send large amounts of DKK to Ghana. The combination of rates and fees when sending to Ghana is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Denmark, or entering Ghana. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive money in Ghana. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account. It’s likely not all providers serving transfers from Denmark to Ghana will offer every method, so it’s best to check ahead of time.

A direct transfer to a bank account is one of the more common ways to transfer from Denmark into Ghan Cedi. Wise is the best company for bank transfers between Denmark and Ghana.

And if you need cash right away, check if cash pickup is an option for transfers between Denmark and Ghana.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Regency FX.

When signing up to a money transfer company to send between Denmark and Ghana, you will need to verify your ID.

The exact documents you need might vary and in some cases you will need more than one.

For the most part, in Denmark this will be a government ID like a passport or driver's license. In Ghana it will be a similar set of documents, although this should only be needed if you are opening a new account in Ghana, or collecting in cash.

Big transactions between Denmark and Ghana, are subject to additional checks. A provider may ask you for proof of address or may want to know where the money comes from.

We recommend Wise in part due to their easy sign up process in Denmark.

When sending large amounts of money between Denmark and Ghana there will be tax implications to consider.

Some transfers into Ghan Cedi may need to be reported to tax authorities in Ghana, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances differ in Ghana based on age, income and a few other elements. When in doubt, please contact a tax professional in Denmark or Ghana to discuss your personal circumstances.