Ghanaian Cedi overview

The Ghanaian cedi (currency sign: GH₵; currency code: GHS) is the unit of currency of Ghana. It is the fourth historical and only current legal tender in the Republic of Ghana. One cedi is divided into one hundred pesewas (Gp). After it gained independence Ghana separated itself from the British West African pound, which was the currency of the British colonies in the region. The new republic's first independent currency was the Ghanaian pound (1958-1965). In 1965, Ghana decided to leave the British colonial monetary system and adopt the widely accepted decimal system. The African name Cedi (1965-1967) was introduced in place of the old British pound system. Ghana's first President Kwame Nkrumah introduced Cedi notes and Pesewa coins in July 1965 to replace the Ghanaian pounds, shillings and pence. The cedi was equivalent to eight shillings and four pence (8s 4d) and bore the portrait of the President. After the February 1966 military coup, the new leaders wanted to remove the face of Nkrumah from the banknotes. The "new cedi" (1967-2007) was worth 1.2 cedis which made it equal to half of a pound sterling at its introduction. After decades of high inflation devalued the new cedi, it was gradually phased out in 2007 in favor of the "Ghana cedi" at an exchange rate of 1:10,000. In 2007 the largest of the new cedi banknotes, the 20,000 note, had a value of about US$2. By removing four digits, the Ghana cedi became the highest-denominated currency unit issued in Africa. It has since lost about 75% of its value.

1 GHS to USD exchange rates chart

GHS to  exchange rates chart

Ghanaian Cedi exchange rates table

Exchange Ghanaian Cedi Buy GHS Rate Sell GHS Rate
British Pound 6.995 0.143
Euro 6.018 0.166
Australian Dollar 3.799 0.263
Canadian Dollar 4.029 0.248
Japanese Yen 0.048 20.741
US Dollar 5.368 0.186

Ghanaian Cedi news tweets

Ghanaian Cedi added 1 tweet
2019-04-07 10:56:02 UTC
RT @GhanaianMuseum: The first Ghanaian Cedi (GHc) was issued on 19.07.1965 and replaced the Pound with an exchange value of 2.4 Cedis t… https://t.co/O7Vud8QPhd
Ghanaian Cedi added 1 tweet
2019-04-08 09:16:37 UTC
I am the only Ghanaian who think the introduction of the new Cedi notes with high security features is a misplaced priority - PimPim Police
Ghanaian Cedi added 1 tweet
2019-04-08 09:22:09 UTC
RT @romanticrasta: I am the only Ghanaian who think the introduction of the new Cedi notes with high security features is a misplaced priority - PimPim Police
Ghanaian Cedi added 1 tweet
2019-04-08 10:34:49 UTC
Ghanaian Mercilessly React As Bawumia Explains The Cedi’s Depreciation https://t.co/IGxbpaIhQq https://t.co/q8tyBgkzUQ
Ghanaian Cedi added 1 tweet
2019-04-08 15:06:38 UTC
RT @romanticrasta: I am the only Ghanaian who think the introduction of the new Cedi notes with high security features is a misplaced priority - PimPim Police
Ghanaian Cedi added 1 tweet
2019-04-08 12:31:35 UTC
Large currency depreciations in Angolan Kwanza, Ghanaian Cedi and Zambian Kwacha. #AfricasPulse | @worldbankdata… https://t.co/XMLcq04eob
Ghanaian Cedi added 1 tweet
2019-04-08 12:34:47 UTC
RT @RichFrontiers: Large currency depreciations in Angolan Kwanza, Ghanaian Cedi and Zambian Kwacha. #AfricasPulse | @worldbankdata… https://t.co/XMLcq04eob
Ghanaian Cedi added 1 tweet
2019-04-08 19:58:17 UTC
RT @RichFrontiers: Large currency depreciations in Angolan Kwanza, Ghanaian Cedi and Zambian Kwacha. #AfricasPulse | @worldbankdata… https://t.co/XMLcq04eob
Ghanaian Cedi added 1 tweet
2019-04-07 12:26:33 UTC
IMF restrictions caused the Ghanaian cedi's recurring depreciation, Vice President Bawumia says… https://t.co/paWlip7anY

Ghanaian Cedi news media

Ghanaian Cedi added 1 medium
2013-09-21T23:44:58+02:00
Cleaning out my desk I found an international bank of all the places I've been in 2013...what an outstanding travel year! #HungarianForint #Canadiandollars #KenyanShillings #Ghanaiancedi #DanishKroner #euro #currency #travel
Ghanaian Cedi added 1 medium
2014-07-02T23:46:29+02:00
#london#paris#france#newyork #whiteshoes#white#black #blackafrican#instalove#instatrend #skirt#ghanaiancedi#ghc #instafamous#instafashion #instafollow#follow#Ghanaian #vogue
Ghanaian Cedi added 1 medium
2014-07-05T22:01:10+02:00
#paris#france#newyork #whiteshoes#white#black #blackafrican#instalove#instatrend #skirt#ghanaiancedi#ghc #instafamous#instafashion #instafollow#follow#Ghanaian #vogue#Beyonce#Hat#shots#Diva#BlackandWhite#Africa#newyork #whiteshoes#white#black #blackafrican#instalove#instatrend #skirt#ghanaiancedi#ghc #instafamous#instafashion #instafollow#follow#Ghanaian #vogue#Beyonce#Hat#Shots#Diva#BlackandWhite#Africa#JamesTown
Ghanaian Cedi added 1 medium
2014-12-07T15:36:50+01:00
WEAR WITH PRIDE AND WITH PASSION WITH RETROSPECT_GHANA AND @RETROSPECT_MEN
Ghanaian Cedi added 1 medium
2015-07-09T15:43:03+02:00
Our Money Throwback #ThrowbackThursday #tbt #ThemTimes #Ghana #GhanaianCedi #Money
Ghanaian Cedi added 1 medium
2017-03-24T07:15:24+01:00
#GhanaianCedi-R3:79
Ghanaian Cedi added 1 medium
2017-04-04T20:51:33+02:00
My 2nd Month of Flying Left my wallet Like this!! so Funny that I have all of these currencies but i Don't have any Indian currencies!!! Time to clean it up... #Ghanaiancedi #ThaiBhat #Singaporendollar #Australiandollar #Phillipinepeso #MalayasianRinggit..
Ghanaian Cedi added 1 medium
2017-07-11T15:15:31+02:00
Did you know? The continent of Africa has a total of 54 different currencies? #ConnectingLovedOnes #money 💰
Ghanaian Cedi added 1 medium
2017-08-20T07:49:17+02:00
Ghana 2000 Cedis 1998 #ghana #1998 #cedis #adomibridge #bridge #bankofghana #ghanaiancedi #ghanaiancedis #specimen #banknote #papermoney #paper_money #notafilia #numismatics #currency #oldcurrency #money #moneydetails

Ghanaian Cedi news videos

Visit http://www.3news.com/tv3 for more. Subscribe for more Updates: http://goo.gl/70xoB TV3 First in News Best in Entertainment.
Want to know the currency in Ghana? Visit http://currencyname.com/ghana to learn more about Ghana… currency and the latest ...
Monday morning Robing @ 9:00Am.
GET READY FOR YOURS: NATIONAL ID - UNITED KINGDOM http://www.homeoffice.gov.uk/passports-and-immigration/id... ...
The cedi has depreciated marginally recording a slow performance on the inter-bank market beginning January 2015.
It's been twelve years since the redenomination of the Ghana cedi but people continue to quote the old currency. Does that mean ...

Ghanaian Cedi news texts

Some Expectations On State Of The Nation Address

Some Expectations On State Of The Nation Address

about 2 months subjunctive positive
It's Bad; Times Are Really Hard In Ghana – Yvonne Nelson

It's Bad; Times Are Really Hard In Ghana – Yvonne Nelson

4 months indicative negative
Cedi, 7 Others Appreciate Against Dollar

Cedi, 7 Others Appreciate Against Dollar

4 months indicative neutral
Recent cedi depreciation is temporary - BoG Official

The recent blip in the foreign exchange market that saw a slight depreciation of the cedi against the dollar is short-term and a reflection of a spillover from external developments, an official of the Bank of Ghana has said.

5 months conditional positive
Akufo-Addo’s cedi performance in 18 months impressive than NDC’s 6 years – Ofori-Atta

The Finance Minister, Ken Ofori-Atta says although the cedi has come under extreme external pressure, its performance in the past 18 months under the Akufo-Addo-led administration is one of the best.

5 months indicative positive
The invisible hand of government in cedi depreciation

As the normal principle of economics says, when a domestic currency depreciates it makes the prices of goods and services decline compared to the international prices.

5 months conditional neutral
What you need to know about buying and selling bitcoin in Ghana

Yen.com.gh News ☛ Understanding how to ★SELL BITCOIN IN GHANA★ is a plus for anyone willing to make money out of buying and selling of this digital currency. Bitcoin has been gaining popularity with its value attracting more investors from Ghana.

5 months indicative positive
Cedi Not Falling; Dollar Getting Stronger – PEF CEO

Cedi Not Falling; Dollar Getting Stronger – PEF CEO

5 months conditional positive

GHS currency converter

GHS exchange rates

8250 NOK to EUR
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100 CNY to BTC
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100 AMD to LTL
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2700 KRW to TWD
Taipei, Taiwan.
69 KWD to INR
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10000 SEK to EUR
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10000 SEK to EUR
Rennes, Republic of France.
100 KWD to INR
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100 OMR to BDT
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100 OMR to BDT
Dhaka, Bangladesh.
100 OMR to BDT
Dhaka, Bangladesh.
50 RSD to TRY
İstanbul, Republic of Turkey.
100 RUB to AMD
Yerevan, Republic of Armenia.
50 MYR to IDR
Jakarta, Republic of Indonesia.
100 RSD to TRY
Adana, Republic of Turkey.