Ghana Cedi

Cedi

History of the Cedi

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BRIEF HISTORY OF THE GHANA CURRENCY

Prior to independence, the issue of currency was the responsibility of the West African Currency Board (WACB). The West African pounds, shillings and pence, constituted currency issued by the Board and was in circulation in Ghana until July 1958.

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Historical Facts

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Let us recall that until July 1965 Ghana was still using the Ghana Pound (£G). On 19th July 1965, the cedi (¢) was introduced with a minor unit called the pesewa (p) to replace the Ghana pound (£G).

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