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Ghanaian cedis: research record

Evidence coverage: 1965–2008. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Ghanaian cedis

GHS · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Current currency in the inherited endpoint register.
Dated observations: 1965–2008; this does not establish the entire lifetime.

Parents / predecessors

Ghanaian pounddecimal currency replacement · 1965
↗

Children / successors

No distinct successor currency is established in the loaded view.

Unit and issue records 1 records

Evidence within this identity, not separate currencies.

Ghanaian cedi — continuity across rescalingsFTM000642 · C407, C408, C409, C410, C411, C422, C423, C424, C425, C426, C430

Latest research

Modern account-unit review

1965Act substitutes cedi principalunit and converts all poundreferences in enactments and written/oral obligations at £1=2.40cedis. Direct contractconversion; retain separately sourced commencement day.

Sources and qualifications →

Reforms within this currency

17 February 1967Redenominated as

Same cedi continuity: 1 new unit replaces 1.20 old units.

C408
3 July 2007 cash launchRedenominated as

Same cedi continuity: 1 new unit replaces 10,000 old units.

C422, C423, C425, C430
Monetary history 7 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

19 July 1965First issue

Corrected interpretation: Revision 27 supplies a new evidence basis for R0140. Direct contractconversion; retain separately sourced commencement day. Current evidence: 1965Act substitutes cedi principalunit and converts all poundreferences in enactments and written/oral obligations at £1=2.40cedis.

C407
17 February 1967Unit rescaling

On 17 February 1967 one new cedi replaced 1.20 of the 1965 cedis.

C408
March 1973: new cedi becomes cediName simplification

In March 1973 the new cedi became known simply as the cedi.

C409
9 March 1979; full threshold mechanics unresolvedDiscounted note exchange announcement

The Bank records a 9 March 1979 discounted note exchange, with different discounts around a 5,000-cedi threshold.

C410
23 March 2007; reported by the annual reportGazette publication reported

The annual report records redenomination gazetting on 23 March 2007, separately from the later cash launch.

C426
3 July 2007; explicit annual-report cash dateRescaled 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.

C422, C423
By 1 January 2008, with exchange continuingOld 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.

C424
Evidence & research notes 12 claims

Dated observations, not a proven complete lifespan.

Inference C407

On 19 July 1965 the cedi replaced Ghanaian pounds; one cedi equalled 8s4d, hence 12/5 cedis per pound.

Corrected interpretation: Revision 27 supplies a new evidence basis for R0140. Direct contractconversion; retain separately sourced commencement day. Replacement evidence: C1574.

Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana Citation S190 · Open source ↗

Birth of the Cedi; reciprocal unit arithmetic

Source access and limitations

Undated page includes an editing placeholder and stale denomination inventory.

The 1979 threshold wording does not establish the complete legal exchange schedule.

Supported C408

On 17 February 1967 one new cedi replaced 1.20 of the 1965 cedis.

Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana Citation S190 · Open source ↗

The New Cedi

Source access and limitations

Undated page includes an editing placeholder and stale denomination inventory.

The 1979 threshold wording does not establish the complete legal exchange schedule.

Supported C409

In March 1973 the new cedi became known simply as the cedi.

Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana Citation S190 · Open source ↗

The New Cedi

Source access and limitations

Undated page includes an editing placeholder and stale denomination inventory.

The 1979 threshold wording does not establish the complete legal exchange schedule.

Supported C410

The Bank records a 9 March 1979 discounted note exchange, with different discounts around a 5,000-cedi threshold.

Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana Citation S190 · Open source ↗

Currency Demonetisation

Source access and limitations

Undated page includes an editing placeholder and stale denomination inventory.

The 1979 threshold wording does not establish the complete legal exchange schedule.

Supported C411

Cedi recalls cowrie money and pesewa a gold-dust denomination; naming alone does not establish a currency conversion.

Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana Citation S190 · Open source ↗

Birth of the Cedi; final clause is editorial inference

Source access and limitations

Undated page includes an editing placeholder and stale denomination inventory.

The 1979 threshold wording does not establish the complete legal exchange schedule.

Supported C422

The 2007 reform set 10,000 preceding cedis equal to one Ghana cedi, divided into 100 Ghana pesewas.

Bank of Ghana · Annual Report and Accounts 2007 Citation S196 · Open source ↗

p.33, section 6.2

Source access and limitations

Report explicitly dates circulation to 3 July; the March Gazette itself has not been read.

Continued exchange described here is historical policy, not verification of present availability.

Supported C423

The Bank’s annual report dates new Ghana-cedi cash circulation to 3 July 2007.

Bank of Ghana · Annual Report and Accounts 2007 Citation S196 · Open source ↗

pp.2 and 33, sections 6.1 and 6.3

Source access and limitations

Report explicitly dates circulation to 3 July; the March Gazette itself has not been read.

Continued exchange described here is historical policy, not verification of present availability.

Supported C424

The transition ran through December 2007; old cash was to lose legal-tender status by 1 January 2008, with exchange continuing.

Bank of Ghana · Annual Report and Accounts 2007 Citation S196 · Open source ↗

p.33, section 6.2

Source access and limitations

Report explicitly dates circulation to 3 July; the March Gazette itself has not been read.

Continued exchange described here is historical policy, not verification of present availability.

Supported C425

Existing cedi contracts, balances, securities and payment instruments were to convert automatically to equivalent Ghana-cedi amounts.

Bank of Ghana · Annual Report and Accounts 2007 Citation S196 · Open source ↗

p.33, section 6.2

Source access and limitations

Report explicitly dates circulation to 3 July; the March Gazette itself has not been read.

Continued exchange described here is historical policy, not verification of present availability.

Supported C426

The annual report records redenomination gazetting on 23 March 2007, separately from the later cash launch.

Bank of Ghana · Annual Report and Accounts 2007 Citation S196 · Open source ↗

p.33, section 6.1; Gazette not independently inspected

Source access and limitations

Report explicitly dates circulation to 3 July; the March Gazette itself has not been read.

Continued exchange described here is historical policy, not verification of present availability.

Inference C430

The cedi rescalings are modeled as dated unit epochs within one continuity, preserving conversion arithmetic without extra currency branches.

Bank of Ghana · Annual Report and Accounts 2007 Citation S196 · Open source ↗

editorial synthesis of S190 1967 reform and S196 section 6

Source access and limitations

Report explicitly dates circulation to 3 July; the March Gazette itself has not been read.

Continued exchange described here is historical policy, not verification of present availability.

Bank of Ghana, Statistics and Reports Office, Issue Department · Evolution of Currency in Ghana Citation S190 · Open source ↗

The New Cedi, 1967

Source access and limitations

Undated page includes an editing placeholder and stale denomination inventory.

The 1979 threshold wording does not establish the complete legal exchange schedule.

Supported C1574

1965Act substitutes cedi principalunit and converts all poundreferences in enactments and written/oral obligations at £1=2.40cedis.

Republic of Ghana · Bank of Ghana (Amendment) Act 1965, Act282,9April 1965 Citation S719 · Open source ↗

PDF8–9,printed5–6,s2 substituting s13(1)–(3)

Source access and limitations

Not a complete origin, lifespan or current-status audit.

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