Ghanaian cedis
Ghanaian cedis: a currency still in use.
- Dates in use
- Still in use; introduction date not established here
- Currency code
- GHS
- Ancestry branch
- Sterling
Its place in the family
All ancestors and descendants ↗Parents 1
Ghanaian cedis
This currencyChildren 0
No successor is established here.
Trace its ancestry backward
Ghanaian cedis
Ghanaian pound
West African Currency Board pound
Pound sterling
1 later contribution joined this currency. See those connections →
Frankish denier–livre
Roman solidus–nomisma
Roman as–denarius accounting
Earlier ancestry is not established here.
1 later contribution joined this currency. See those connections →
The story
On 17 February 1967 one new cedi replaced 1.20 of the 1965 cedis. [1]
In March 1973 the new cedi became known simply as the cedi. [2]
The Bank records a 9 March 1979 discounted note exchange, with different discounts around a 5, 000-cedi threshold. [3]
Turning points
Redenominated as
Same cedi continuity: 1 new unit replaces 1.20 old units. [1]
Redenominated as
Same cedi continuity: 1 new unit replaces 10, 000 old units. [4] [5] [6] [7]
Gazette publication reported
The annual report records redenomination gazetting on 23 March 2007, separately from the later cash launch. [8]
Rescaled cash launch
The 2007 reform set 10, 000 preceding cedis equal to one Ghana cedi, divided into 100 Ghana pesewas. The Bank’s annual report dates new Ghana-cedi cash circulation to 3 July 2007. [4] [5]
Old scale cash tender end
The transition ran through December 2007; old cash was to lose legal-tender status by 1 January 2008, with exchange continuing. [9]
Sources and evidence
- Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana C408 ↗
- Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana C409 ↗
- Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana C410 ↗
- Bank of Ghana · Annual Report and Accounts 2007 C422 ↗
- Bank of Ghana · Annual Report and Accounts 2007 C423 ↗
- Bank of Ghana · Annual Report and Accounts 2007 C425 ↗
- Bank of Ghana · Annual Report and Accounts 2007; Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana C430 ↗
- Bank of Ghana · Annual Report and Accounts 2007 C426 ↗
- Bank of Ghana · Annual Report and Accounts 2007 C424 ↗
Open the complete research record →
Full claims, evidence coverage, corrections and earlier interpretations are kept separately.
Cite this page
“Ghanaian cedis.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000642.html