GHSxxx Ghanaian Cedi exchange rate Live chart (Ghana / Gold Coast currency, code: GHS, symbol: GH₵ or GH¢)

Ghana (Gold Coast) currency : Ghanaian Cedi (ISO 4217 currency code: GHS, symbol: GH₵ or GH¢) : 1 Ghanaian Cedi (GH₵) = 100 pesewas (Gp). Official currency of Republic of Ghana, a country along the Gulf of Guinea and the Atlantic Ocean, in the subregion of West Africa. Ghana was formerly called Gold Coast. ISO 3166-1 Ghana country code is GH. The word cedi is the Akan word for cowry shell, which were formerly used. After independence, Ghana separated itself from the British West African pound, which was the currency of the British colonies in the region. Ghanaian pound (1958-1965) was introduced as new republic's first independent currency. In 1965, Ghana decided to leave the British colonial monetary system, and Cedi (1965-1967) was introduced. Cedi notes and Pesewa coins replaced the previous Ghanaian pounds. In 1967, a New Cedi replaced the first cedi (1965-1967) at the rate of 1 new cedi = 1.2 first cedi, and the second cedi was initially pegged to the British pound at a rate of 2 cedi = 1 pound. In 2007, Ghana cut four zeros off the currency by the switch to the third cedi (1 third cedi = 10,000 second cedis), without introduing a new currency, and officially called the Ghanaian Cedi, in contrast to the second cedi that was officially known as the New Cedi. Central bank is Bank of Ghana (BoG).